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/biz/ - Business & Finance

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50871532 No.50871532 [Reply] [Original]

I don't know what to do with my money.

>> No.50871559

>>50871532
give it to me i'll be your gf

>> No.50871567

Put a sizeable chunk in precious metals and other commodities (from what I understand we're experiencing a lithium shortage atm) and some of it just enjoy it my friend, you've either worked hard or worked smart (unless it's an inheritance, in which case I'm sorry for your loss). If you're clever with it that's enough money to live off of for the rest of your life, you may as well use some of it to celebrate

>> No.50871595

>>50871532
Pay for my wedding and I'll let you fuck my wife

>> No.50871600

How many times are you gonna make this thread?

>> No.50871611

Any basic bitch financial advisor would tell you to diversify and try not to touch the principal too much

>> No.50871776

>>50871532
There are a ton of financial advisors on the internet, pick one and follow their guide.
It is a boring answer, but you need to do these things almost regardless of where you are in life:
Secure your wealth, this means buy insurance for the things that make you money or you keep your money invested in.
Stop the bleeding: reduce all overhead you don't need in your life, like pay off debt and do whatever dance you need to don't have bank fees eating away at your fortune.
Grow your wealth: invest your money into things you believe will grow your wealth. If you have no idea, broad index funds for 90% of it and then crypto with the rest.
Finally, pay off your home, buy solar and a lot of insulation so your housing expenses are at a minimum.
Then keep buying into your investments.
Only live off the interest, never the principle. If you have stocks that pay 5% dividend, adjust your habits to live off that. Then work income or other windfalls go directly into investments ultimately grow your dividends.

>> No.50871947

build a van and travel the world, collect all stds and die happy

>> No.50871967

>>50871947
happy because of a fulfilling life, or happy because the std symptoms make death a blessing?

>> No.50871977

>>50871600
stop arguing with the demoralization bot anon

>> No.50872412
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50872412

>> No.50873152

>>50871532
invest in me and ill give u a percentage of my lifetime earnings, i am a exremely talented musician who just wants to make electronic music 24 hours a day, i dont care about money, be my bank and ill give you a large percentage of my lifetime earnings in writing, we can set it up. I just want to play mainstages and rave across the world and die a warriors death at the end. you can have my money i wont have kids, im fucking good, real good, anybody is open to this too. LETS LINK MY JOGGER

>> No.50875585

>>50871567
this, but focus first on buying things you can hold. Go to the local coin shop and buy some gold. Buy some bitcoin and with draw it to a 12word offline seed. Then for me it's machinery. A diverse collection of things will occupy your brain and give you practice spending with an eye to diversification.

>> No.50875600

>>50871567
Yeah, also afghans and bolivians won't suck american balls

>> No.50875620

Buy 100 hectares of forest