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/biz/ - Business & Finance

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25708810 No.25708810 [Reply] [Original]

Be me 20 years old living at parents
turned 2500$ savings into 13000$
Parents now think im some kind of autistic stock market genius
They now wanna give me 10000$ to invest
They don't know im just buying shit coins I see on biz and don't now what im doing at all.

what should I do

>> No.25708869

Put it into IBM or a index fund. This cryptocoin is tulip mania plain and simple.

>> No.25708878

unironically start dating your sister and create a family fortune.

>> No.25708881

>>25708810
Invest half or less, keep the rest.

>> No.25708900

>>25708810
Tell them the truth and get it off your chest, that you are not sure what you're doing and you just got lucky. Also tell them that you won't try to flip all of your money again.

>> No.25708903

>>25708810
'I don't want to risk losing someone else's money, especially not yours. I'm not that good with money; I just got lucky.'

>> No.25708983

>>25708810
Invest some but use the rest for hookers.

>> No.25708994

>>25708810
Ask them what their risk tolerance is. (hint: they are old and most likely risk adverse). Use that as a free pass to just dump it in an index fund or high dividend stock and call it a day.

>> No.25709060

>>25708878
based

>> No.25709149

>>25708810
perfect opportunity here OP, invest their money into an ETF or some other mid-risk mid-reward stock (or just yolo TSLA), and steadily grow their money.

next you want to show them their new value, but heres where you start the deceit, throw a couple thousand or more from your own account on top of the gains from their account, they'll think you're some kind of stock market genius, and tell their friends, other family, etc, and now you convince these people to give you their money, do the same strategy, except instead of your own money, you use other people's money to boost their """gains""" until you have amassed a sizable number of investments, and.... then... rugpull, take everything and invest it in crypto.

>> No.25709251

>>25709149
based. Just scam as many boomers as possible out of their life savings

>> No.25709298

>>25708810
>say basic investing terms to my mother
>anon, you should become a stockbroker you'd be really good at it
I wish my mom put me down more to be honest and not praise over small shit, then I'd probably actually be something.

>> No.25709343

>>25709149
Sounds like a solid plan, if you can't beat the pajeet become the pajeet

>> No.25709367

>>25708810
don't take other people's money, specialy family.

>> No.25709448

ten year hex. have them agree and you're done.

>> No.25709467

>>25708810
Tell the.m that you know exactly what you are doing and have figured a formula that will always give returns regardless of external conditions. Tell them you literally cannot lose, and to liquidate their retirement savings and assets. Invest it all into XRP and thank me later.

>> No.25709802

>>25708810
ask for more money and throw it at link you fucking idiot, also ask for a cut.

>> No.25710054

>>25709149
Based ponzi.

>> No.25710359

>>25708878
How based can a man be ?

>> No.25710433

>>25708810
You are on 4chan, you are not real.

>> No.25710497

>>25708810
everyone's a genius in a bullmarket

>> No.25710505

>>25708983
This. If the market tanks you would have lost everything anyway, it it moons that 5k you actually invested will be more than enough to make them happy

>> No.25710556

>>25708810
try making money on a wave4

>> No.25710644

>>25709149
What could go wrong

>> No.25710683
File: 1.78 MB, 982x788, 1597167073912.png [View same] [iqdb] [saucenao] [google]
25710683

all in eSDLR, not only will they call you a financial genius soon but they will kneel before you

>> No.25710718

>>25708810
Put it all in XRP lol

>> No.25710758

>>25708810
Give it to tether January 13th

>> No.25710762

>>25708900
checked and honestypilled

>> No.25710824

>>25708810
tell them NO.
tell them "yeah right, I lose a single penny of that money and you won't stfu about it until the end of time, get bent, call a professional to invest your lunch money"

>> No.25710908

>>25708810
>They now wanna give me 10000$ to invest
What's your comission fees?

>> No.25710975

>>25709298
lmao what a faggot

>> No.25711351

>>25708878
Have orgies with the whole family.

>> No.25711412

>>25708810
Tell them to put more skin in the game or stfu. Its the only rational way to handle this

>> No.25712218

>>25708810
Tell them to keep it and do their own research. You don't want to end up killing yourself from the guilt of losing your parents money.

>> No.25712670

>>25708810
exitscam, obviously