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/biz/ - Business & Finance

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7689859 No.7689859 [Reply] [Original]

Hi /biz/ I'm currently in the military so housing, food, and work is all covered and I don't use that much money. My friend told me to try investing. I asked him on how but I was too retarded to understand. Is investing worth it or even doable with my shitty salary?

Pic related, the last expensive thing I bought was the latest Doom, shit is fun.

>> No.7690036

>>7689859
normally if you're retarded, an index fund would be your go to investment, but index funds are in a huge bubble so it might not be very safe for you.

A bond might be worth it.

your best bet is to find a good broker and hand him the biggest wad of cash you can mustered.

>> No.7690104

>>7690036
How is the bond business in Japan? Well I'm going to Okinawa but I don't know shit about bonds in general.

>> No.7690953
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7690953

>>7689859
>what
>the
>fuck
dude you literally have an optimal setup for investing. You have nothing to actually pay for because the military takes care of all the expensive shit. Then you have plenty of money to just throw away in investments.
If you really want to be comfy af:
>invest in shit constantly with your money
>work long enough to get pensin
>you'll be a millionaire

>> No.7690996

>>7690953
crypto and stocks btw
invest in marijuana stocks if youre not braindead
invest in good coins and just fucking dont look at them

>> No.7691006

>>7690953
Well how do I start? I have no clue on investing and I tried going online to do it but I have no clue on which is which.

>> No.7691019

>>7689859
It’s not covered. You pay taxes, so that’s where your “free” housing, food, and medical come from, retard

>> No.7691116

>>7691019
Yea no shit retard. I mean that since they are taken care of and I still have money to use dipshit. If you don't have anything useful to say fuck off retard.

>> No.7691131

Buy XRP because it's next world reserve currency and /biz/ hates it and you should always do the opposite of what /biz/ says.

Also buy gold and silver mining stocks ( AUY, SSRM, AG) or long-term call options on those stocks because gold and silver are some of the only assets that are undervalued.

>> No.7691185

>>7689859
>Purple ID
>Doom

You seem to be very based.
Right now the market is a bit unstable but overall you can grab BTC when it dips and hold on forever.

I know one guy in your position who retired when he came back from overseas.

>> No.7691229

Well another question for this retard. After I researched I need to make a brokerage account. Is there a specific website or do I need to contact a broker?

>> No.7691249

>>7691116
Fuck off, you retard. You literally thought it was free and you’re just given free money for being a welfare-queen. Kill yourself.

>> No.7691310

>>7691249
I'm in the military information like that are fucking common sense. It's your retarded mind that comprehended it wrong. You're here not giving advice and being a useless fuck, the one that needs to commit suicide is you faggot.

>> No.7691313

>>7689859
If you want to actually earn money like ridiculous crypto-like gains,
HKSE or the KRX

>> No.7691332

>>7691310
Whatever you say, ASVAB waiver

>> No.7691419

>>7691332
My mos is intelligence bitch. Have fun dying early from heart problems fatass faggot bitch. I know you can't face me out of screen.

>> No.7691439

>>7689859
Kill yourself, ZOGbot nigger.

>> No.7691471

>>7691419
Damn, the army is literally letting any retard in the Intel community. I bet you’re an imagery analyst too

>> No.7691499
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7691499

>>7689859
Did you eat too many crayons?
Buy LINK you fuck

>> No.7691594
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7691594

>>7689859
How to crypto
>download the Coinbase app on your phone
>follow the instructions to connect your bank account or debit card
>buy Bitcoin or Ethereum in amounts as small as $5
This should take about a week, tops
>register an account with bleutrade, coinexchange or GDAX
>send BTC or ETH to your trading platform of choice
>use BTC or ETH to purchase other cryptocurrencies
>sell the cryptocurrencies for at least 5% more than what you paid for them
Protip: to set a 'sell' order you will have to manually type in the price of what you want to sell a coin for (ex. Buy Audiocoin for 0.00000075 BTC, enter 0.00000125BTC in the sell bracket and wait for someone to buy it)
Protip 2: all coins are divisible by 100 million units. If a dollar has 100¢ in it, you can think of crypto as having 100M¢ in it. Use this to your advantage to make back small percents of money at a time.

Good luck and God bless, OP