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Best way to invest $50,000? Anonymous Sat Apr 15 20:23:57 2023 No.54605848 [Reply] [Original]

Saved it up to use as a down payment on a house, but the market never crashed even with the interest rates and realized I'm permanently priced out of the housing market. What should I do with the money?

>>	Anonymous Sat Apr 15 20:54:13 2023 No.54606139 >>54605848 How long did it take you to save $50k?

>>	Anonymous Sat Apr 15 20:55:42 2023 No.54606160 >>54605848 Save it up to use it as a house down payment

>>	Anonymous Sat Apr 15 20:56:43 2023 No.54606170 DCA into Bitcoin over the next 100 days

>>	Anonymous Sat Apr 15 20:58:06 2023 No.54606185 >>54605848 Whatever you do don’t buy crypto it’s a scam, gold is your friend

>>	Anonymous Sat Apr 15 21:00:00 2023 No.54606199 >>54605848 FOMO into bitcoin RIGHT NOW

>>	Anonymous Sat Apr 15 21:00:50 2023 No.54606212 >>54605848 If you think you might still be able to buy a house I'd just stick it in a CD for 12 months. You can get 5% right now. But if you don't have any gold, buy some gold.

>>	Anonymous Sat Apr 15 21:01:55 2023 No.54606222 >>54605848 Buy one whole bitcoin, then dollar cost average the rest, also into bitcoin, over the next twelve months either weekly or monthly.

>>	Anonymous Sat Apr 15 21:02:17 2023 No.54606226 >>54606139 3 years of waging

Anonymous Sat Apr 15 21:03:36 2023 No.54606241

>>54605848
I'd sit it in a MMF for now, maybe put a portion into gold stocks because another bull run in gold seems likely. Stocks are just kinda risky right now IMO, bitcoin is good too but I don't know enough about the market to say if it will go higher or correct lower over the short term.

No shitcoins.

>>	Anonymous Sat Apr 15 21:04:46 2023 No.54606247 >>54606222 If you cannot stomach this, dollar cost average some amount of it into bitcoin. For the love of God do not buy altcoins, go ask an old woman at the bank what to do with it before that.

>>	Anonymous Sat Apr 15 21:04:51 2023 No.54606250 >>54606226 that's 5x faster than in my country, you're probably from the us where everything is 10x (not for long)

>>	Anonymous Sat Apr 15 21:12:13 2023 No.54606331 >>54606250 Lots of overtime and rice&beans as well. I'm pretty demoralized at this point

>>	Anonymous Sat Apr 15 21:14:50 2023 No.54606354 >>54605848 DCA into ETH, CYMI with 50% of the money in the next 90 days.

>>	Anonymous Sat Apr 15 21:25:03 2023 No.54606464 >>54605848 Buy a house you can afford, even if it’s cheap. You’re effectively capping your rent for the next 30 years which helps mitigate inflation

>>	Anonymous Sat Apr 15 21:58:25 2023 No.54606769 >>54606212 Boomer hands wrote this.

>>	Anonymous Sat Apr 15 22:25:51 2023 No.54606991 >>54606769 Well my boomer hands have a net worth pushing half a million so something is working for me, huh?

>>	Anonymous Sat Apr 15 23:14:36 2023 No.54607445 File: 39 KB, 824x336, usda loan info.png [View same] [iqdb] [saucenao] [google] >>54605848 You don't need to put any money down for a house. Just get a USDA loan. You get 2.5% off the market rate.

Anonymous Sun Apr 16 01:00:57 2023 No.54608309
File: 1.40 MB, 1657x1559, 1618962430144.png [View same] [iqdb] [saucenao] [google]

>>54605848
If you're asking for ways to make grow your money, I recommend you to buy as much KOY as you can and abuse their early stage, everyone is doing it, why wouldn't you?

>>	Anonymous Sun Apr 16 01:05:28 2023 No.54608353 >>54606991 Good your half nigger grandkids will need that for rims and tranny surgery

>>	Anonymous Sun Apr 16 01:46:35 2023 No.54608695 >>54606991 Your net worth is that plain jane single family home you bought 30 years ago

>>	Anonymous Sun Apr 16 02:18:18 2023 No.54608971 File: 154 KB, 3840x2160, Vanguard-Emblem.png [View same] [iqdb] [saucenao] [google] >>54605848 Become a vanguard chad.

Anonymous Sun Apr 16 02:23:47 2023 No.54609002

>>54605848

I think you should just put it in a Money Market Fund, Government class, not Prime class. You'll be getting a 4.75% rate and it's effectively like holding liquid cash and they are the lowest risk asset on the planet.

Stocks are too overpriced right now and going too far out on the bond curve is too dangerous IMO. Either wait for stocks to crash, or of you find a decent home, you can use that cash as a down-payment.

Hope that helps.

>>	Anonymous Sun Apr 16 02:45:47 2023 No.54609183 >>54605848 Same boat OP 50 and 100k is literally nothing

>>	Anonymous Sun Apr 16 03:27:24 2023 No.54609497 >>54609183 https://www.youtube.com/watch?v=NABQKu3OX6U

Anonymous Sun Apr 16 03:31:19 2023 No.54609518

>>54605848
Here's what to do, buy and hold Gold. Then wait for the stock market crash, it's many years overdue, when the stock market crashes to shit and it's disaster level, buy stocks. Don't see anything else worth investing in right now, literally everything is overvalued and will probably collapse, except Gold.

>>	Anonymous Sun Apr 16 03:32:32 2023 No.54609526 File: 150 KB, 494x234, 1681486419111835.png [View same] [iqdb] [saucenao] [google] >>54608353 seethe

>>	Anonymous Sun Apr 16 03:34:31 2023 No.54609549 >>54609497 Kek never saw this

>>	Anonymous Sun Apr 16 03:37:09 2023 No.54609567 >>54606464 This

>>	Anonymous Sun Apr 16 03:37:49 2023 No.54609576 File: 98 KB, 1600x900, 00800.mpls_snapshot_01.29.36.jpg [View same] [iqdb] [saucenao] [google] i invested a similar amount in high yield dividend stocks and now it pays most of my rent.

Anonymous Sun Apr 16 03:39:10 2023 No.54609589

>>54609002
>Stocks are too overpriced right now

>2014
>Stocks are too overpriced right now
>2016
>Stocks are too overpriced right now
>2018
>Stocks are too overpriced right now
>2020
>Stocks are too overpriced right now
>2022
>Stocks are too overpriced right now

dipshit permapoor zoomers

>>	Anonymous Sun Apr 16 08:20:43 2023 No.54611075 >>54605848 I'm not sure about the best way, but I'd buy at least 1k LINK and forget about it fir a couple of years. >verification not required

>>	Anonymous Sun Apr 16 08:41:45 2023 No.54611178 >>54605848 invest it in the cryptocurrency that I own as I need the price to rise to sell it and make a profit. Also tell your friends and family to do the same.

>>	Anonymous Sun Apr 16 09:44:48 2023 No.54611448 >>54609497 how can anybody follow that idiot and praise him, while he rambles on like a drunken hobo? he says nothing, he helps nobody, he teaches nothing. he is a idiot who scammed millions and he should rot in prison and after that in hell!!!

>>	Anonymous Sun Apr 16 09:46:28 2023 No.54611456 >>54605848 half in bitcoin half in oxy stock

Anonymous Sun Apr 16 10:17:01 2023 No.54611592

>>54609589

Idk who you're quoting, because I bought stocks in 2020 in March and made a great profit on them. Most stocks are overpriced right now and there are a shit-ton of economic indicators that we will be having a hard crash in the stock market.

I'm not a permabear, I'm just using my brain and being patient. I know that's a hard thing to ask of the crypto-shills and coomers on this board.

>>	Anonymous Sun Apr 16 10:49:13 2023 No.54611717 >>54605848 >but the market never crashed There are still some things that are gonna happen ;) Maintain your plan and increase your faith in God

>>	Anonymous Sun Apr 16 10:56:52 2023 No.54611749 File: 1.09 MB, 498x316, chappelles-show-dave-chappelle.gif [View same] [iqdb] [saucenao] [google] >>54605848 All in BBBY, in a month or two you'll either have 10+ Million dollars or 0 dollars.

>>	Anonymous Sun Apr 16 11:00:39 2023 No.54611765 hit up the casino

>>	Anonymous Sun Apr 16 11:03:30 2023 No.54611780 >>54605848 Just DCA 60% BTC 30% XMR 10% LTC, BCH, THORCHAIN and other shit like this

>>	Anonymous Sun Apr 16 11:07:16 2023 No.54611798 >>54605848 all in XMR

Anonymous Sun Apr 16 11:44:40 2023 No.54611981

>>54605848
>saved up cash
>waited for housing crash in an attempt to time the market
>so did everyone else in your situation
>still low housing supply
I'm simply not going to reduce the price of my second home. I know. I KNOW! I'm sorry. I'm just not going to reduce the price is all. HAHAHAHAHAHAHAHAHAHAHA

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