Hey /b/, need atleast some decent advice on what do, I currently

You should invest in google

>>737300521
Cars are terrible investments

>>737300521
How'd you get that much money? I was just in a wreck that was 100% not my fault, got injured and totaled the car as well. The lady that hit me died and even though it wasn't my fault it's got me all fucked up.

>>737300750
This.

Hookers and cocaine

>>737300521
get a nice job i wanted

so id get like clothes, lifestyle, gym, wheels

>>737300521
Start shopping at Whole Foods. You won't be any healthier but you'll be trendy af. You should blow through that $36k in 3 years doing that.

Shameless self bump

u dab poop soup

Depends on when you need the money.
If you have longer timehorizont than 2 years and more than 4.000$ you should invest if you can handle the risk.
Buy EFT's like Spider. Its the cheapest way of investment and you get good avg yield.
If you want better yield, its gonna cost you and you should really spend time on looking into the firms.

>>737300521
>>737300792
Answer this man op
How the actual fuck did u get 36k from a carcrash settlement

>>737300521
before you invest in stocks, do research. like a lot of research. read intelligent investor, one up on wall street, and a few others before even considering investing into the stock market.

If it were me, i'd spend about 5-7k on a used but reliable car, put about 2k into a savings account, and put the rest into the stock market.

stocks are literally the worst thing you can do.

you can buy foreclosed homes and seized assets from your county courthouse/constable office auction.

I bought a house appraised for 80k with 20k cash and flipped it.

don't be a dumbfuck. research property values and anything else to do with the location like schools, crime rate, convenience/commercial, access etc

>>737300521
Listen to me motherfucker. And listen good. INVEST IN REAL ESTATE fuck stocks. Unless you plane on reading and watching business insider 24/7 to make smart choices on the market you should just invest in real estate. Buy a fixer upper. Fix what you can with help from friends and family. Pay for what you can't fix. Rent it out to people. Eventually sell it once you have made back the monkey you spent on buying and fixing it.

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>>737300521
Get a mortgage, are you stupid?

>>737301057
don't listen to this dumbass, OP. an 18 year old has no business flipping houses, neither do the majority of people

>>737300792
Over 10 years ago, I cracked my nose on the dashboard cuz some dumb bitch decided to exit onto oncoming traffic. Was 100% her fault, lawyered up and got my settlement. It was originally like 30k but it grew in the bank

>>737301019
At least put it in a high interest savings account or something. Don't buy a car ffs. You'll be able to get a deposit on a house with that money when you need to.

>>737301090
just as i said, here >>737301057
renting is the thing now.
rent is $1500-$1700 a month for a typical 3 bedroom house where I live

>>737301125
>8 year old has no business flipping houses
I did this when I was 20 with inheritance.
but yeah don't listen to me. I guess more for us.

Real estate market is gonna crash again soon boys
>You can already see the cracks starting

The smartest thing to invest your money in is getting a STEM degree.

>>737301133
You lawyered up at the age of 8?
Thats pretty impressive

>>737301057
Foreclosed homes are the way to do it.

>>737301090
My mom said I should look into that. There's just so many fucking choices, I will be reading about the real estate market and dig in some knowledge

>>737300521
Buy an investment property and rent it out. Do a bit of research, but assuming you live in USA, it is easy to become rich. 35k is enough to put down payment on a duoplex-triplex. Live in one, rent the other two. Take some of that money and buy a cheap car off of craigslist.

I wish I had 35k to invest when I was starting out. Hell, wish I had 10k. Check out Biggerpockets.com, lots of good info there. That 35k will be plenty enough seed money for you to retire at the age of 45.

OR spend it on hookers and blow. Up to you.

Just put it in a savings account OP. All these other ideas are too risky.

>>737300750
>>737300810
That's probably why he said 'throw down' and used invest much later in the sentence. I know they don't teach you kids to read anymore but fuck.

>>737300521
Bitcoin mining friendo. It's how us nerds got rich. Join us before it's too late. Expected climb to $4000USD->1BC by 2020.

>>737301333
Yeah I did, went through the hospital and got 9-13 stitches across the line where the cartlidge and bone meet. I knew what financial compensation was alreadY and mom thought of it already. She got $30k too

All you tards saying property, do you even know where this fucker lives? Almost no where in the US is a buyers market right now with another potential housing crash on the horizon and you think rental properties are a sound investment? Are you all fucking poor ass wage slaves?

Digital currency, precious metals, reliable stocks with median gains. That's how you increase your networth in 2017.

>>737301470
Looking into this thanks

>>737301333
>all stories told on 4chan's /b/ are factual, accurate and correct historical facts.

1. Buy a house
2. Rent it
3. ????
4. Profit?

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>>737300521
Invest in cryptocurrencies.
Create an account on Coinbase, buy some Ethereum (ETH) or Bitcoins (BTC) and send them to a Bittrex account.
Visit /biz/ to learn how to diversify your crypto assets ( I recommend ARK DGB GNT DCR BAY, well established projects with huge potential gains)
Don't invest more than you're ready to lose.
gl

cryptocurrencies are sre shit OP, don't listen to those faggots. also the stock market is pretty high right now, not a good buy in point

For those wondering yes I live in US

>>737300521
Get a 300-500cc motorcycle for transportation and save the rest. Found out how much money you need to run a papa Murphy's pizza franchise and watch money make itself. Ask ungrateful parents for some money if u want to open shop sooner

>>737301714
The only kicker is that you will probably (if you are like the rest of the neckbeard basement dwellers on 4chan) need to improve your credit. Stick the money in a savings account till you get that all sorted, it will take a while.

Get a hard credit check pulled, then start working off the debt. It may take a year to get your credit score up, depending on how much you have against you, but don't touch the 35k if you can help it. Live cheap and pay with your earnings.

Youtube has A LOT of channels with very good real estate advise.

>>737301956
There was a Papa Murphy's here for about 6 months before it closed.

>>737301665
This

The only place homes are cheap is rural shitty places, flyovers, and dindo nuffin land.

>>737300521
Pay me and I will ensure your life on easy mode with my 24/7/365 phone support and ironclad plans.

>>737301989
What if you have good credit but no job?

>tuition

You're a complete fucking idiot if you go to college when you have 36k sitting in the bank. You can fucking triple that shit in no time if you aren't retarded.

Fuck school, learn to day trade, make money, fuck bitches.

>>737301995
Cell phone store. Depending on the area's income it could range from metro/boost to Verizon/att. Doesn't have to be pizza. You get the idea. I'm my town there is a guy who own 5 McDonald's franchises. Bastard is a millionaire

>>737300521
Buy ethereum, prices dropped but in a handful of years it'll be as high as bitcoin

>>737302057
Gotta have a plan to fall back on right?

>>737302204
>fall back on

College will just put you in debt, retard. 36k won't get you far what so ever. You need to take that money and invest it in shit, not give the Jews your shekels.

You got lucky, anon. Don't fucking blow it by falling for one of the greatest jew schemes of our time.

>>737302084
>Bastard is a millionaire
You would have to be to buy 5 McDonald's franchises

Use money for surgery and turn yourself into the perfect femboy slut, then abuse your looks and get free shit from idiots just for showing your dick on stream.

>>737300750
unless you need them to make more money, you asinine moron.

>>737302473
older 4 banger japanese sedan, point A to point B car

>>737302053
You will need to get, and keep a job for at least a little while. 12-15$ an hour will qualify you for a 120k house (roughly, interest has went up a bit sense I was at my starting point)

>>737302007
That is why the 35k is an EASY downpayment on a USDA or FHA loan, not the entire purchase price.... You obviously know nothing about real-estate.

>>737302057
This guy is a moron. You will loose every penny if you listen to ANYONE claiming you can 'fucking triple that shit in no time if you aren't retarded.' Day-trading takes a lot of time to get good at.

>>737302416
You have start somewhere anon

>>737302560
That guy here, by no time I mean a year to 3 years.

Sorry, I'm in advertising, it's kind of my job to make things sound better than they actually are.

>>737301057
>flipping a shitty home that could have been a stable income source as a rental
economics is for retards everyone.
also,
>>737301125
this
>>737301211
sure you did I bet that house is still fucked up if you aren't lying

>>737300521
Dudester, take a large portion of that money and have a financial adviser set up Roth IRAs and mutual funds with it. My guy has meset up in Franklin Templeton and it's done very well. Get a private brokerage account and play penny stocks. It's like educated guess gambling.

>>737301618
lol this lying nig

>>737302680
>Get a private brokerage account and play penny stocks. It's like educated guess gambling.
what could possibly go wrong? the only worse thing I can think of is cryptocurrency

>>737301211
Well, flipping houses is for idiots. Most people would build a portfolio of rental properties.

>>737301665
>precious metals
well you haven't done any of your fucking homework there buddy. That was a thing several decades ago, that game is not worth playing anymore unless your planning to save for retirement with it.
stocks, sure hard to go wrong unless you're a moron and you sell on the slightest whim.
Digital currency....
how can you possibly say that and be serious LOL

>>737300521
Buy a house to live in buy a house to live in buy a house to live in.

Then put any further money in risk investments eg shares.


I'm an Aussie, my mate got $85,000aus which won't buy you shit here but he moved to the USA and bought a place for $21,000.

You yanks have it easy. Houses cost at the minimum $350,000 in AUS

>>737300521
>financial compensation from a car wreck
>$7k-$10k on my first car
make up your mind

Buy cryptocurrency

>>737302626
>Sorry, I'm in advertising
you should post on 4chan!

>>737302680
this would ONLY MAKE SENSE if OP had a viable career and was not a poor faggot trying to get through college.
Have fun investing in a fucking IRA then pulling out early due to unexpected circumstances, that shit will REALLY ruin your little week.

>>737302722
Oh yeah im for sure lying

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>>737302895
N-nah, I would never do that....

>>737302790
Unless they are in shit locations where you end up spending more on upkeep because of the trashy rentals you keep pulling through.
Rental properties in the hood are a nightmare to manage.

>>737302680
Really tho, the Roth IRA would be a great idea, but it isn't going to get you to financial freedom, just a decent retirement. This is the Real-estate guy btw.

>>737303012
Well stop it you whore.

>>737303078
Then don't buy in the hood.

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>>737303041
You're a good person :D

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>>737303139
That thought has yet to honestly come across my stupid mind.
And now that it has, I still think it's a bad idea.
Education is word.

>>737303078
I have had a single house in the hood... (same neighborhood I grew up in) I sold it less than a year after buying it. I didn't loose money... but it was a nightmare. Some people love investing in the hood... Not me. Not to mention the problems you end up finding while getting the place up to code. I had to strip every wall out of the place just to get it livable/rentable.

>>737302559
exactly what I did with my deceased mother's money she left to me plus the college and the blah blah blah
she actually died in her sleep after I read one of those stupid posts about mom's dying in their sleep. Tragic but at least she had the foreskin to write a will knowing me and what I do.

>>737302841
I know things are expensive in Australia due to a lot of it being very remote etc. But surely with all that unused land housing outside of Sydney Melbourne etc should be cheap as fuck?

There's good advice here (real estate, IRA), risky advice here (gold, crypto), but whatever the fuck you do, DO NOT BUY STOCKS right now. They have 100% headwind right now.

If you're not into managing stuff yourself and want a low risk trade, commodities specifically ag would be your best bet. Sov Bonds used to be that, but anything from a reliable country yields below real and has for the better part of a decade.

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>>737303174
Thanks, anon

>>737300521
Yo op belive me ! INVEST INTO WATER IT'S GONNA BE LIT I SWEAR

im 40 and I flip houses ONLY because I know how.
if you know zero about renovating and its inherit hassles then id go

1) buy reliable car for reasonable price
2) place the rest in primary bank until you KNOW what you're confident with doing

>>737304251
Type of advice ill keep in mind, thanks. Yeah I think now is a good time to put some good thought in what i want to do. Eventually Id want to have a dispensary but i have a long way to go.

>>737304251
How do you learn about renovating? Get a job in construction?

Depending on your credit worthiness you can finance a car cheaper than you can finance a student loan. Meaning, finance the car, pay for the schooling. Financing the car, and making the payments will also help build credit worthiness whcih will help reduce the cost of future credit. Looking at the pay differential between those witha high school diploma vs. those with a colleg degree makes it clear that the smartest investment is in your education. Over a lifetime that can mean millions of dollars for even a mid-level professional.

>>737300814
this

>>737304879
I don't see any value in a BS degree outside an engineering degree

>>737305005
or maybe something computer related

>>737304879
>smartest investment is in your education
Just so you know, the STEM hype is mostly a lie. The "E", engineering is really the only BS degree worth a shit. In science a BS degree is crap, you will be some PhD's lackey. BS in Math makes you a teacher.

>>737300521
Lmao OP learn to store dab. That looks like you kept it in your pocket in the sun scrunched up into a ball.

>>737300521
Depending on your area you should be able to buy a livable house for less than 30k, that's what you should do

>>737305005
>I don't see any value in a BS degree outside an engineering degree
I have an advanced degree in electrical engineering from Purdue, so I'm inclined to agree - except there are many professions that require a an undergraduate education and pay better than the average job requiring no education.
Clearly the job market is looking for mechanical engineers - that doesn't make it the only right choice. Nigger.

>>737305365
>buy a livable house for less than 30k
Which Indian reservation are you living on?

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Buy bitcoins, and then buy ANS, ETH, but always have BTC make up the majority of your investment. China's bank recently announced one of their main priorities int to hop into the cryptomarket, while Russia wants to be the first country with a national cryptocoin.
This and other factors are making cryptocurrencies rise in value.
It's a volatile market for sure, but it yields mad gainz if you know what you are doing.
Or at least copy the moves from those who do.

>>737305404
BS in Chemistry here, you hiring?

>>737305515
crypto is shit

>>737305592
>BS in Chemistry here, you hiring?
Is your meth game strong?

>>737305404
What?! I'm getting a degree in Marine Biology. I'm gonna be rich bitch!

>>737300521
Don't waste your money on a car. You're 18. You drive a piece of shit, that's how it works. Trust me, I spent so much on cars and you regret it later.

>>737300521
That all actually sounds pretty great.

>>737305728
uhh, no. I graduated before recreational meth became big.

>>737305404
so yer azn, amirite?

>>737305739
No, you're going to be unemployed with college debt.

>>737300521
Honeywell ~ stock gone nowhere but up
litecoin ~ long term investment; will mine like bitcoin
the obvious investments \ google/ microsoft / lockheed martin

invest in crypto, get high gains, cash out the starting amount, reinvest everything else forever

>>737300521
Put like $2,000 in a savings account and don't touch it till you're 30s.

>>737305954
>so yer azn, amirite?
proud viking heritage

>>737305365
Commodities guy here. Now that I think of it, if you don't yet have a reliable income stream, outright buying a home might actually be the smartest thing. Unless it's in CA, MA or IL property taxes and utilities should be doable with part time work only, and if you can get full time later you can put the extra to investing if you're still interested.

>>737302375
Depends on if you have a goal like being a plumber or a doctor. A shitty bachelor's in business isn't a career

>>737305739
So fucking quit and get a job in a grocery store if you think that's where you'll find your fortune.

>>737303264
my old rental manager at this dunghole I rented at was pretty cool with me (cuz I actually paid rent... on time).
He told me the same ish story, he wanted to sell the place so bad but he didn't think it was the right time or market for it and he could never get serious offers around what he wanted for it. So he's stuck managing a matchbox filled with meth heads.
Glad I moved the fuck on.

>>737306277
This. Put it as a down payment on a house. Keep a solid 5k to fix house if needed and a few thousand as an oh shit fund

>>737304394
>dispensary
how about investing in something more stable that will always be there, like a motel or gas station right off a highway?
Starting off that'd be the way to go.

>>737306241
You're doing God's work son.

>>737305090
comp science is still pretty in demand.

>>737300521
>I've been thinking on throwing down $7k-$10k on my first car, spend some on a 2 year tuition, invest into stocks

You should be able to get a decent used car for less than that; I'd probably target 5k. I'd probably stay away from individual stocks until you have secured a job with good earnings and have more cash saved up. I think you'd be better going with an index fund or some other low fee mutual fund.

>>737300521
Buy a car... get a place of your own or if already have that. Sit on it and make more money, "one nights" you know as maby as you want if you know what to say, got one of the you need money, a car, a job....

>>737305486
fucking right?
>>737305365
you could ONLY do this if you invested in accessible land and had some cheap building company work it for you.
I don't see that panning out with 30k

>>737300521
Actually, your plan sounds smart for 18. Don't listen to these other fags. Use the money to reinvest in yourself with school and a Roth IRA. Buy a quality used car and finish your two year degree. Start work and night school. Save the house flipping for later.

Save your money, live like an 18 year old and just be frugal like everyone else. But, you'll just have an awesome cushion and you can take comfort in that. Seriously, don't blow it on some dumb shit. On another note, you should slide me a few hundred because I'm broke. I wish I took my own advice when I was 18.

>>737305515
lies and more lies
only a troll would propose the failure that is bitcoin

>>737305800
unless you pay about 8k for one that lasts a long time?
Toyota or Honda brand shit?

>>737307154
Also,live at home.for the next two years. It will suck unmercifully but it will pay off when you hit 21 and can buy your own house. Finish two year degree. Start work and finish bachelor's part time.

>>737306241
continue

Realize $36k is really not a lot of money in the grand scheme. It may be to us poorfags but don't spend it on stupid cars and booze and sluts.

>>737306955
5k is where you run into cars with major issues waiting to happen /b/ro

>>737300521
DO NOT BUY A BRAND NEW CAR!

>>737307427
leasing is where it's at!

>>737307427
>this!
instead go over to /o/ and buy one of the cars they discuss all the time

>>737307168
This is the best advice in the thread.


I'd also add that it's a good idea to still take out loans for the things you want to buy instead of just paying straight up cash. Paying the loans builds your credit, and since you have the money anyway, you won't even have to worry about it.

Trying to figure out clever ways to spend money is probably one of the biggest mistakes people make when they get it. Don't invest. You probably don't know what you're doing anyway and will lose most of your money.

Also, don't tell anyone you just got a bunch of money. People are cunts and will come up with a lot of shitty ways to get money from you.

>>737301057
You are literally retarded. Don't listen to this dumbass

>>737307763
>still take out loans for the things you want to buy
pay interest to the jews

>>737307912
muh shekels

>>737300521
get a 3k car and put the remainder into a trust that you cant touch till your 30.

>>737308347
>Hey /b/, need atleast some decent advice on what do, I currently have $36k in my bank via financial compensation from a car wreck. What's the best way to use this money? I'm 18, I've been thinking on throwing down $7k-$10k on my first car, spend some on a 2 year tuition, invest into stocks. Are there smarter ways to use this money? What would you do?


Don't listen to anyone else here.

36k @ 18? Buy bitocoins and hope for them to explode. If not? Fuck it, but by the time you're 25 you could be a millionaire with the ridiculous shit that's happening with bitcoin.

>>737308471
>36k @ 18? Buy bitocoins and hope for them to explode
This is the worst advice ITT besides hookers and cocaine

Bonds not share.
I would say get into mtg and ygo. If you buy a booster box for Magic and keep it seeled for about 5 years it can go from £80-£200 sometimes even higher.
I've not personally done that because I dont have the space or the money.
I buy boxes and especially sleeves and sell them in person. Booster packs turns me about £60 to £100. Sleeves turn £10 into £30. Fidget spinners were getting £60 from £20 but thats died down now.

>>737302722
>people that are smarter than I am must be lying about it

All a conspiracy I tell ya.

>>737307396
Fucking Americans... My car cost me £600, the back box fell off once but that only cost £100 to fix..

>>737309250
unlike britbongs Americans actually drive their cars a lot

>>737307912
You lose a little money, but building your credit is worth it in the long run. Considering he doesn't have THAT much money, whatever he wants to do to make more might require other loans.

>>737309250
>back box fell off
Why do you have a box on the back of your car?

>>737309488
Considering the british are a backwards people with an oafish grasp of english, I interpret that to mean that his hood ornament fell off.

>>737309488
Illegal not to :p

>Back box = muffler??

Get an education. And buy a cheap car. As long as it runs reliably, everything else is a waste. And get some good clothes. A decent suit and some little more expensive business-casual attire. Basically gentleman it up. Good for your education and job hunt. Failing that, hookers and blow are a close second.

>>737309559
What's a hood ornament?? Do you mean the badge??

>>737307763
Lol thanks I know it's good advice because I didn't fucking do it when I was younger. Hindsight is always 20/20

>>737300521
I dont know, invest in education and property maybe, i dont know where you live. Maybe buy a little nice flat, live there until you earn decently and after that rent it out for secure monthly cash.

>>737309655
After searching the internet I can give you a confident maybe

>>737300521
As a young guy who just bought his first house and had that same kind of money to work with I can tell you it really depends on where you live and what your job is.

Renting vs owning is largely decided by your local market. For me owning a house is almost half the price of renting. My mortgage with taxes included in escrow is $780/month while a similar house costs about $1200/month to rent. I have steady and reliable employment that allows to comfortably pay my mortgage. Even if I had to take another job at lower pay I could still pay my mortgage pretty easily. In this scenario owning my house is financially smarter than renting. You should look into those factors and ask yourself, "how long will it take me to amass another ~$30,000 to use as a down payment".

If you have steady and reliable work and the market is right in your area I would strongly consider looking into buying a house.

>>737309601
muffler, now yer talkin english

>>737307168
Ya I would put that into some accounts and not touch it until your mid 20's. you are about to enter a very fast paced stage of life. School is over, jobs, bills and responsibilities all hit you at once. You will grow a person a lot in the next 7-10 years and you will come out the other side asking yourself why you thought you knew anything about the world at 18.

Don't touch it. Put it to the side until you are a bit older. I don't think there's a single 18 year old anywhere that is ready for the responsibility of home ownership.

>>737309559
>Considering the british are a backwards people with an oafish grasp of english, I interpret that to mean that his hood ornament fell off.
Ask me how I know yer a britbong making fun of Americans

>>737310489
Americans don't understand big words like oafish???

>>737310768
No American on 4chan would use oafish. That is a word Americans on Reddit might use.

>>737306306
>>737302375
SPLASHHH

>>737310826
Ouch. We're going to need a lot of burn cream

>>737300878
Pay for a job you want, okay retard

>>737311513
Where are you going to get a job? The job tree that jobs grow on?

>>737311865
I typically load myself into a job cannon and blast off into job land where jobs grow on jobbies.

>>737300521
keep it in bank account for your daily expenses.

simplest and wisest solution
trust me im a revowned tibetan monk with a master in economics

>>737300521
Put 10k in crypto

>>737300521
INVEST

>>737300878
I just want a skateboard

>>737315232
Stop wasting your time with children's toys.