[ 3 / biz / cgl / ck / diy / fa / ic / jp / lit / sci / vr / vt ] [ index / top / reports ] [ become a patron ] [ status ]
2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance

View post   
File: 4 KB, 250x133, 8A7528EE-B281-46A9-9971-548BF4CADA99.jpg [View same] [iqdb] [saucenao] [google]
56937930 No.56937930 [Reply] [Original]

I don’t know what to do with my money

>> No.56937993

Buy 50000 lifetime subscriptions to BLACKEDRAW and BLACKED

>> No.56938003

>>56937993
Mutts law

>> No.56938008

invest into fart xD

>> No.56938275

>>56937930
Buy Chainlink with the ticker : LINK

>> No.56938282

>>56937930
Is 1 million a lot?
Are you retired with this?

>> No.56938399
File: 14 KB, 917x498, original_553996760.png [View same] [iqdb] [saucenao] [google]
56938399

>>56937930

Markets and Bitcoin YTD highs
Interest rates Decades Highs
Credit card debts Decades Highs

GS financial conditions index 4 Decades lows
VIX new lows
Risk off new lows

>> No.56938459

>>56937993
better yet, pay your own onlyfans whore and film your own BLACKED porn, then split the profit
ez profits desu

>> No.56938572

>>56937993
based and blackedpilled

>> No.56938574

>>56937993
king

>> No.56938636

You should buy real estate. The kind you can shove up your ass.

>> No.56938645

how the hell are you so rich wtf? what do you do?

>> No.56938744

>>56938645
>under $2M
>so rich
that’s literally nothing

>> No.56938989

>>56937930
1) I have more than you.

2) if you put it into a managed brokerage account it should generate you 11-25% a year in return. Take out a securities backed line of credit on 30% of that value and put into real estate. That is what I did.

3) I also used it to get an elite grad degree so that i could get an inside politics job

>> No.56939013

>>56937930
High interest savings account. Live off the interest.

Or send 500k to me and I'll do that.

>> No.56939083

>>56939013
>500k in a high interest savings account

>> No.56939122

>>56939013
>high yield savings account, ie 5% APY
kek do normies really

>> No.56939620

>>56937930
Use crisper to create and modify the genetic Make up to create blond hair blue eyes Aryans to sell to desprete familys and lonely moms in their 40s for 100k,make a clone army of super soilder that slow down in aging so they're always fit and healthy

>> No.56939659

>>56938744
He has 900k+ in his bank account , thats super rich for the average person wtf

>> No.56939673

>>56938003
Spbp

>> No.56939676

>all these newfags
No wonder we just dropped

>> No.56939679

>>56939676
I don’t know what to do with my money

>> No.56940540

>>56939679
Give it to me

>> No.56941101

Consider giving it to charity. You'll feel better.

>> No.56941139

>>56938744
He can make 80k to 150k out of that AFTER tax
You know, the amount of money a guy who makes 200k can see after tax, this guy makes in his bed
Being rich means being free from rat race and work
This guy is rich

>> No.56941364

>>56941139
>80K to 150K
>Free from rat race and work.
Oh sweet summer child. You can afford to shitpost in your apt, maybe. But once you add any responsibility for anyone one else you are back at poverty tier.

>> No.56941420

>>56937930
30 year Treasury bond (4.75%) and use the yearly interest payments as a slush fund for other investments or expenses

>> No.56941436

>>56938989
>25% a year in return
Idiot

>> No.56942066

>>56937930
Consider splitting the money between multiple things. Precious metals are, I believe, a little overbought, but gold is still a safe investment if you plan on holding for 20+ years. It's important to look for physical gold, not paper gold you can find on regular brokers. Stock are also quite high, but if you're going to invest then use a simple index fund like SPY, good for holding for the next 10+ years. For that you will have to find a stock broker, I don't live in America, so it's up to you to choose something local, but I would advise against Robinhood, it's generally considered to be bad. If you plan to get a little crazy then invest in Bitcoin, good for holding for 2+ years. Buy on a crypto broker like Coinbase or Binance.US, then transfer that into a wallet. Don't simply buy these things in a lump sum, but rather DCA (dollar cost average) into them, this means pumping 1-3% of the cash dedicated to this instrument every week or month. This will possibly save you against a drastic drop in the market, which is something that could happen. If you still have money left, or you don't like anything presented to you so far, then put your money into bonds (I highly recommend putting something in I-Bonds as they are an instrument against inflation, but you can only buy $10K worth a year) or a savings account. You can get a comfy 3-5% interest in a savings account. Nothing to scoff at.
And finally, remember these two things - A) Never put everything into one asset and never invest all your money at once. And B) Don't simply listen to me and do everything I just said, critically asses what I said, do more research, and then decide what to do based on how much risk you want to take on. At the end of the day you're alone with your money, only you can decide what to do with it.