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I have 500 dollars from a summer job (i'm 18)

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Thread replies: 15
Thread images: 2

File: 1465916531063.png (161KB, 431x651px) Image search: [Google]
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What assets should i buy with it ?
Why ?
>>
bitcoin, it will go up in less than a month
>>
AMD
>>
>>1318176
Seriously ?? Let's say i put 500 dollars on it next week. How many money Will i make ?
>>
>>1318186
who knows, but i made $200 on it in the last 2 weeks
>>
>>1318174
Weed and beer. Have some fuck you fuckhead.

>>1318186
With $500 down, you/ll make about $20 over the next month!
>>
>>1318194
Could you please explain how you did it ? I'm a beginner and i'd love to read step by step how you bought those assets
>>
>>1318202
go to coinbase.com to buy them
>>
>>1318200
Then what asset should i buy ?
>>
>>1318174
An Xbox and a bunch of games for it. : ^)
>>
File: 1462088164749.jpg (136KB, 784x1040px) Image search: [Google]
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Would it be smart to use 500 dollars for a monthly gym membership and better clothes ?

I'm just asking, because doing this can help any guy when it comes to getting girls
>>
>>1318437
Edit: forget about the clothes

Let's just say you'll use your $500 for the gym.
>>
>>1318174

I would advise to put it in savings, I know you're young and likely live at home yet, but my recommendation to anyone is before they start investing have enough cash in the bank to survive for 3 months.

A realistic bet for someone your age is $1000-$1500 a month to survive, depending on cost of rent in your area. For example I am 24, I own my own car, I share a 4 bed house with 3 other guys, and am debt free. I need $1000 to cover rent, food, gas, insurance, and utilities. I earn $2300/month after tax, plus commission on sales. After my core expenses are covered that leaves me with $1300 to use as I please:

>$500 fun money

and

>$800

that I will invest if I have 3 months of expenses in savings or place into savings if I have less than 3 months, or need to save up for something else.

Make sense OP?
>>
>>1318437
Start running, put heavy shit on your body. Why pay for something that is literally free? Spend the money on good food, or better save it.
>>
>>1318174
Invest in a lawnmower and some flyers.
Place flyers in rich neighborhoods.
Network through friends, family, church, work, etc. to help get the word out.
Build up clientele.
Proceed to make more per hour working for yourself.
Proceed to live below your means and save as much of your money as possible.
Begin investing your new larger stores of cash into a business model that isn't seasonal.
Build up non-seasonal business.
Invest extra cash into other assets that produce dividends or appreciate in value.
Thread posts: 15
Thread images: 2


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