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/biz/ - Business & Finance


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263264 No.263264 [Reply] [Original]

how do you make your money work for you?

>> No.263266

You invest it.

>> No.263270

>>263264
Money is inanimate asshole. It doesn't work. It just sits there.

>> No.263272

>>263270

Blatant lies. My money is an army that goes out and takes prisoners.

>> No.263275

>>263272
Liar! Money can't walk so how does it go out by itself? Checkmate atheists

>> No.263283

>>263272
Mr Wnderful is that you

>> No.263289

>>263283

I wish. I wouldn't have to worry about VC firms trying to screw me over if I were.

>> No.263332

I put $5000 in VAPR and in NSANY. Needles to say, I'm broke as a joke now

>> No.263342

Stocks. You gotta learn a lot before you get any good at it.

>> No.263345

Put it all in DIS before the new star wars (which everyone knows will gross 3billion)

If you can get 100k into DIS before then, enjoy being a millionaire.

>> No.263348

>>263345
>Star Wars will cause DIS to go 10x its value

No. It could go up, but you're high if you think it'll be that much for a company the size of Disney.

>> No.263361

>>263342
What do you recommend for someone who doesn't know anything about stocks to learn? Books?

>> No.263363

>>263361

Browse this site to start with: http://www.investopedia.com/

>> No.263370

>>263345
Wait, wait, wait. This actually makes sense. What's the fucking catch, bastard?

>> No.263374

>>263370
you gotta hope the market crash doesn't happen before then

>> No.263375

>>263370

The catch is that DIS has a market cap around $140 billion. A movie that grosses $3 billion is not going to cause a 10x jump in share price.

>> No.263378

>>263375
alright yea not 10x

2-3x

>> No.263383
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263383

>>263374
>>263375
It's a safe bet nonetheless. It won't buy me that house on the beach, but it's money in my pocket

>> No.263386

>>263264
1. buy a very low cost, well diversified index fund
2. hold
3. ?????
4. PROFIT!!!!!

>> No.263387

>>263378
>2-3x

Doubt it unless I'm severely underestimating merchandising (I know it's big, but that big? Come on.). You'll see a moderate increase assuming that they aren't also doing something else that's sinking at the same time.

>> No.263391

>>263283
I swear by the way he talks on Shark Tank and rubs his hands he goes on 4chan