>Get XX,XXX amount of shares in successful startup
>Cash out on shares
>six digit returns
What do I do now /biz/ ? I'm 18 and I would really enjoy getting into day-trading and I was wondering where to start?
Currently starting my first semester studying marketing with an interest in finance.
Side question: would treating myself to 10% of profits be too much?
>tl;dr ran into good money, how do I turn it into more money?
>>1485523
>would treating myself to 10% of profits be too much?
reward yourself, but not too much. 10% is great.
>day trading
Top kek. Buy and hold or passive index funds/ETFs
>>1485523
10% is great. Now create a diverse portfolio including high dividend stocks, buy up some bonds for safety, then compound interest my friend.
BBD.B You're Welcome.
>>1485534
So what would an ETF offer me that day-trading wouldn't? Is it just a higher return?
I'm a fucking novice
>>1485552
More exposure to a broad range of an exchange instead of limiting yourself to one stock. Day trading is too short term and youre more likely to lose more money than if you go with ETFs
>>1485552
You will lose your money day trading. If you really MUST try it, throw like 10% of your portfolio into an account for trading and invest the rest. See where that account winds up after a year.
>>1485576
One piece of advice you should never forget, but is quite often forgotten, is that's you should never invest in anything (whether it's stock, bond, etf, whatever) without fully understanding risks and benefits. Keep researching and only make your moves once you fully understand what you're getting into.
>>1485523
Can't you just move somewhere with low house costs, buy a house in full, put the rest into a low index fund and work small jobs on the side, live kind of frugally and let your money build up while you never really work again?
>>1486048
Nvm op thought you meant 7 figure, fuck off
>>1485523
>I would really enjoy getting into day-trading and I was wondering where to start?
Have you tried reading books on trading?