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You are currently reading a thread in /adv/ - Advice

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Having an amazing day and I was wondering if anyone wanted advice on

BUSINESS. FINANCE. INNER WORKINGS OF THE STOCK MARKET.

That's it- no women talk here. If you get the money the women will come
>>
>>16763158
I'll bite. I have a decent amount of money languishing in a savings account.
$30k

I know it is doing me no good there. Where can I put it to make more money while exposing myself to minimal risk?
>>
>>16763158
how are the jews responsible for the stock market?

why would i ever need a financial adviser to trade my money, take a cut, and risk nothing?
>>
>>16763184

The lowest risk dividend yielding blue chips or indexes you can find.

Treasury Notes is another option- very small reward, very low risk.

When you have $30,000 to your name, trading isn't worth it- you need to just work and have MORE than 30k net worth- simple as that.
>>
>>16763188

To protect you from your own greed- usually.
>>
>>16763158
I have a useless degree and a few years of office experience, with less than $5k to my name. How do I turn my life around?
>>
>>16763190
How much is enough to begin trading successfully?
The entirety of my assets are closer to $180k, but I'm absolutely not a gambling man.
>>
How do you feel being part of an industry that contributes greatly (if indirectly) to human suffering?
>>
>>16763200

Learn- knowledge is power.

That doesn't mean useless degrees- it means learning how life works.

I know all about coins- so , grandad dies, his idiot children sell their inheritance to me for pennies on the dollar,

I make out like a bandit, buy them dinner, maybe a cheap whore, everyones happy
>>
>>16763215

If you want to invest it diversify.

For example, I own huge $$ in gold miner's ETF- which has gone down 90% recently- just bought in.

If oil keeps going down or stays down, mining costs will go lower and lower and those ETFs will go up 1000% in 5 years- it's leveraged.

Now, I also own oil futures, which I think are at the bottom.

So If Oil goes up, and my gold miner ETF is worth $0- hey, my Oil is through the roof!

I would say $100,000 is the MINIMUM to think about the market- otherwise,

HOME OWNERSHIP IS ALWAYS A PRIORITY- UNLESS YOU ARE IN A REAL ESTATE BUBBLE.
>>
>>16763217

That's a lie, for the most part.

It's an industry playing musical chairs and hoping the music never stops because 90% of the chairs are gone
>>
>>16763225
>I would say $100,000 is the MINIMUM to think about the market- otherwise,

Not the other guy. Well, fuck. I don't want to buy a house because the market it high right now and I don't want to be stuck in this city. There really isn't anything I could do with a couple tens of thousands of dollars?
>>
>>16763236

I mean, hop on cragilist, try to find some guy selling junk silver below spot... sink $30,000 in and try to sell it for $35,000 online

It's pretty easy to make money, anon
Thread replies: 13
Thread images: 1
Thread DB ID: 493365



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