What to do with 50K?

[Anonymous No.52737920]

I have 50K in savings. Living with my mom for the next year while I take care of her. So no rent or bills. Job pays 100K working remote.
How do I put myself in the best position for 2023? What to invest in?
I know 50K is nothing, but it's what I have.

[Anonymous No.52737971]

>I know 50K is nothing
>I know 50K is nothing
>I know 50K is nothing
>I know 50K is nothing
50K is life changing money for the vast majority of humanity, anon.

[Anonymous No.52737982]

whats ur job

[Anonymous No.52737985]

>>52737971
>midsized SUV
>life changing
Post hands

[Anonymous No.52737997]

>>52737971
I know, but it seems like it really isn't. Especially in /biz

[Anonymous No.52738004]

>>52737982
Advertising sales

That's my base salary. The rest varies. But can get up to like 200K but that is a variable. So 100K is safe to say.

[Anonymous No.52738005]

>>52737985
Dear god you faggots are clueless to the suffering of literally everyone but yourselves and the .01% of humanity you compare yourselves to

[Anonymous No.52738022]

>>52738004
And the reason I don't have as much savings is because I used to be into drugs/gambling, etc. Got divorced. Kicked all that shit in the last year and my mom got ill. So 2023 is taking care of her then moving on. I'm lucky I'm alive DESU. So hoping to create some semblance of a life out of the ashes.

[Anonymous No.52738034]

DESU

[Anonymous No.52738040]

>>52738005
And that's a good thing.

[Anonymous No.52738075]

>>52738040
No it's not you dumbfuck
You're placing unreasonable expectations on yourself and probably suffering from self-inflicted depression because of it

OP has no rent or bills, 50K in savings, actually has a parent, and makes 100k working remote

>How do I put myself in the best position for 2023?

You're already in the fucking best position you dumbass

[Anonymous No.52738083]

>>52737920
GNUS

[Anonymous No.52738095]

>>52738075
LOL well I guess I also meant investing wise. What to do with that 50K+?

[Anonymous No.52738111]

>>52737920
I am in similar position. Cant buy anything because cars are over priced , difficult to get what you want. Its not enough really for a house and thats not ROI. Stock and Crypto suck. Ya I don't know what to do either.

[Anonymous No.52738124]

>>52738111
Yep. I guess having a roof and food is something I should be thankful for. But no car, place of my own, etc. Not all its cracked up to be.

[Anonymous No.52738147]

>>52738095
The only thing that will fuck you is aging. You can't work forever, and one day something is gonna break. Invest in your own body and be as healthy as possible.

Max out every retirement account you can think of, that shit is literally free money when you become the boomer

[Anonymous No.52738173]

I'm not giving anyone shit.. there is nothing for sale that is worth the money.

[Anonymous No.52738203]

>>52738147
Thanks will do! Hopefully I can build the 50K into something more.

[Anonymous No.52738680]

>>52737920
>What to invest in?
FTM, TOMB, STA

[Anonymous No.52739291]

>>52737920
You use $500 to buy a lottery ticket meme coin like changpmp (either a 0x or 10000x). I am not comfortable giving advice about the other $49500.

[Anonymous No.52739311]

>>52737920
Why are you taking care of her?

[Anonymous No.52739371]

>>52737920
Take half and dump into a doxxed micro capped project
>stake and bake nig

[Anonymous No.52739413]

>>52737920
What’s your work from home job? I need one making $100k like you

[Anonymous No.52739521]

>>52737920
You seem to be doing alright for yourself anon, props. I'm working to hopefully l'll be in a similar situation. Currently kust browsing /biz/ and looking up jargon and terminology to teach myself a bit b4 I try investing and crypto, etc.

[Anonymous No.52740414]

>>52737920
Buy chainlink and wait.

[Anonymous No.52741227]

>>52737920
Dca into vti fund

[Anonymous No.52741471]

>>52738095
Personally I would do 25% physical metals, 50% Etf stocks and bonds, 20% cash for emergency and 5% in crazy gambling. Thats what I do at least. Do you have an objective? Or just number go up good? Money is just a means after all, only mutts and thirdies are genetically preprogramed to see it as an end.

[Anonymous No.52743052]

>>52737971
thats renting an average apartment for a year, how is that life changing?

[Anonymous No.52743077]

>>52737985
normal people don't buy the suv cash down, you fucking imbecile. i know long-term job stability is a strange concept to you, but humour us

[Anonymous No.52744044]

>>52737997
To /biz/ you only have pocket change if you have 200k or so. This is, of course, a joke. Don't let 4chan skew your views on reality. Don't let the internet do that to you in fact.
50k is a shit ton of money and if you invest it wisely you can make some serious returns.

For crypto It'd suggest looking into XOR and what their stance on DeFi is. I'd also recommend BNB because I legitimately think that Binance is going to reign supreme for a long, long time, plus BNB is a good performer overall. BTC, of course. There are more that are worth giving a shot but those two are the ones that pop up instantly in my head.

Good luck anon

[Anonymous No.52744622]

>>52744044
I wish you were here to tell me this last year. I made $65k from Shiba and didn’t sell because I thought it wasn’t enough. Jokes on me because I watched it go all the way down to $6k and it’s all I have to my name. I’d do anything to go back in time and cash that out.

[Anonymous No.52744775]

>>52737920
Move to Mexico and smuggle more Fent to Americans.
You know those fuckers love their smack.

[Anonymous No.52744808]

>>52737985
>Point way over your head.
They sell AK-47s in Mexico for 300 bucks.
You can get AK-47s in the middle east for less than 100 dollars.
You're very dumb, USD is the king of fiat.

[Anonymous No.52744815]

>>52743077
>i know long-term job stability is a strange concept to you,
Good goyz, work for the rest of your life to make faggots more money.
Here's a Sheckel.