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
I'll bite. I have a decent amount of money languishing in a savings account.
I know it is doing me no good there. Where can I put it to make more money while exposing myself to minimal risk?
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.
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
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.
>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?