What are my best options to invest $600 a month into?

[Anonymous No.54200059]

I'm a teacher who recently hit his emergency savings goal of $10,000. I am able to pack away $600 a month, what are some safe, long-term options I should look into?
Cryptofags need not apply.

[Anonymous No.54200148]

S&P500 index fund: VOO

[Anonymous No.54200175]

Have you already maxed out your 401k?

[Anonymous No.54200177]

>>54200148
I genuinely don't know what that means, please explain it to me like I am an incompetent.

[Anonymous No.54200178]

>>54200059
do you know what gamma is?

buy 600+ days till expiration OTM call options on DWAC

[Anonymous No.54200188]

>>54200175
I have a 403(b) and have the most I can contribute if that's what you mean.

[Anonymous No.54200201]

>>54200177
Just buy spy, and maybe a little bitcoin

[Anonymous No.54200202]

>>54200177
Look up what an ETF is. VOO is an ETF. Get a broker app and buy VOO. VOO tracks the performance of the S&P500 index which always goes up unless the USA collapses.

[Anonymous No.54200204]

>>54200059
Bitcorns

[Anonymous No.54200205]

>>54200178
I haven't the slightest clue what most of your post means.

[Anonymous No.54200211]

>>54200059
Also do it through a Roth IRA. You can contribute 6k per year if you are poor

[Anonymous No.54200225]

>>54200205
>>>/biz/smg
Read.

[Anonymous No.54200229]

>>54200211
I have two retirement funds, I'd need to check but I assumed that the second thing I was paying into was exactly that.

[Anonymous No.54200235]

>>54200202
LMAO you are poor

[Anonymous No.54200245]

>>54200205
you arent ready to invest yet. I was mocking anons telling you to buy ETFs - but it really is your best bet considering your comment. good luck

[Anonymous No.54200249]

>>54200235
Well yeah, that's why we're here. To try and not be poor.

[Anonymous No.54200273]

>>54200245
ETFs are honestly best for people who aren’t autiscally glued to markets. Can set it and forget it. No need to worry about taking profits and rebalancing portfolios etc

[Anonymous No.54200287]

>>54200059
Buy crypto mining stocks like RIOT, MARA, and CIFR

[Anonymous No.54200294]

>>54200287
yeah on a dip and not the stock, but the call OTM.

low risk, high reward

[Anonymous No.54200318]

>>54200059
NZD will do well during this period of inflation.

[Anonymous No.54200320]

>>54200287
Im playing with MSTR myself

[Anonymous No.54200322]

>>54200245
>>54200273
Can I just talk to a consultant or an accountant at the various investment offices in my city, give them my money, allow them to take a cut, and forget about it?
I'm in no way attempting to dismiss this as a hobby or way to spend your time, I'd rather devote my energy elsewhere.

[Anonymous No.54200372]

>>54200322
they will take a huge cut. /biz will be a better consultant than any "real" consultant. when I came here I was broke and spending all my money on stupid sh*t. 4 years later... im not ultra-rich, but never thought id have as much money as I have now. start lurking here more

[Anonymous No.54200386]

>>54200322
Buying an ETF like VOO is exactly like what you just described. The expense ratio is like 0.1%.

[Anonymous No.54200390]

>>54200322
They’ll most likely charge you 3% of your savings every year. You can pretty much be invested in an ETF and it’s pretty much the same thing without the fee. But an advisor will work with market conditions and rebalance your portfolio accordingly and will help you with your risk appetite. I don’t think they are worth it, but idk up to you

[Anonymous No.54200394]

>>54200178
Lmao genius gamble idea actually

[Anonymous No.54200399]

>>54200390
3% of the portfolio they would be managing I mean

[Anonymous No.54200498]

>>54200394
yep, apparently Trump is getting arrested Tuesday. he "bounces back" and/or runs for reelection and price moves. worst case something volatile happens and that makes up for any theta I lose.

[Anonymous No.54200938]

>>54200386
>>54200390
Is an ETF something I can just continuously invest in? How I'm picturing it is I would just hack off a piece of my paycheck twice a month and send it to this place.
How much money could I expect to make in a year, assuming I invest $7200 a year?

[Anonymous No.54201078]

>>54200059
Physical silver and it will give you life changing returns. But $600 a month and it will be worth ten times what you paid for it in five years.

[Anonymous No.54201120]

>>54200148
Wrong.

>>54200175

No.

>>54200178
Retard.

>>54200201
Wrong. Retarded.

>>54200202
Wrong.

>>54200204
Wrong.

>>54200211
Nope.

>>54200287
Retarded.


>>54200320
Retarded.

>>54200322
No. They will do you a disservice. They don't care about your money and they're all dumb anyways. 80% of them have never been through a crash.

Trust me dude. But physical silver from bullion or monument metals. Get the cheapest price per ounce you can. It will be worth worth 10x what you paid for it in five years. Look up the pawnstars episode where the guys sells all the silver he bought for 30k and gets 300k for it on the episode. It's on YouTube. This will happen again and be even bigger.


Anyone else in the thread giving other advice doesn't care about you, they aren't smart enough to manage money, and they are retarded. People like you who only have a couple hundred to set aside every month that buy physical silver will make life changing returns. It's a once in a lifetime opportunity and we're just entering the first inning.

[Anonymous No.54201359]

>>54201078
>>54201120
Precious metal hucksters were around a century before my birth and will be around a century after my death, I have really no interested in what you're offering

[Anonymous No.54201495]

>>54200177
No wonder youre a teacher. Not much of a problem solver

[Anonymous No.54201526]

>>54201495
Yeah I could Google each individual term until I understood, or I could ask the guy who wrote it

[Anonymous No.54201562]

>>54201120
If you don't at least have 1 or 2 bitcoins. You're retarded.
The government IS going to try over and over again to implement a digital currency unless we kill them and I haven't seen any American politicians assassinated in far too long.

[Anonymous No.54201569]

>>54200202
oh fuck me. do $SH, TLT, and BND right now. since the market is about to collapse. When it's time to pick up the pieces. swap to VOO

[Anonymous No.54201662]

>>54200938
Yes you can continuously invest in ETFs. Your returns will vary obviously but you can look at the historical returns and dividends.

[Anonymous No.54201697]

>>54200059
no such thing as safe these days, the government has forced everyone to be a speculator, and most will lose
put it into a bank? lose to inflation, and it's looking like all banks are probably insolvent
put it into crypto? can always drop 80% or more and there's no asset/use case to backstop it
put it into stocks? can easily drop 50%, although more defensive dividend stocks (utilities, healthcare, etc.) may only have 25% downside
put it into gold? probably safest, but it's not an investment, since it doesn't generate any returns

[Anonymous No.54201701]

>>54200059

A burial plot of land

[Anonymous No.54201728]

>>54201359
>around before my birth and will be after my death.

Oh no... You're retarded.. What a shame. Enjoy blowing up your account. I'll be sure to make fun of you long after your death. Fuck yourself.

[Anonymous No.54201735]

>>54201359
This is a new age and all. The age of tesla and tech and trannys. You're right. Things that have been around for centuries are surely scams. It's a new age and all.

Faggot.

[Anonymous No.54201741]

>>54201359
You'll be buying my silver with everything you have in three years faggot. Remember this.

[Anonymous No.54201745]

>>54201735
>be 5 years old
>turn on TV
>"BUY SILVER OH MY GOD BUY SILVER"
>be 15 years old
>go to local swap meet
>"BUY SILVER PLEASE BUY SILVER"
>be 25 years old
>ask for financial advice on /biz/
>"BUY SILVER YOU ABSOLUTE MORON, THIS IS THE BEGINNING OF THE FIRST INNING WHERE IT WILL BE VALUABLE"

[Anonymous No.54201782]

>>54200059
>Safe
>Long-term
Physical gold
Physical silver
Companies that are profitable and produce things that will always be valuable