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Hypothetical Question

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Thread replies: 9
Thread images: 3

Sup /biz/

I'll be starting a 85k/yr job in June while living with my dad (LA area, thank fuck I don't have to pay rent). Other than my basic needs (food, utilities, petrol, etc), I have no real expenditures or debt. At some point I'll probably want to move out, but my dad is chill so I won't be hard pressed to leave right away.

What would you do with all that disposable income?

pic unrelated
>>
Invest in solid, dividend paying stocks when they are trading at reasonable prices.

Don't fall for the index fund meme, a lot of stocks in those indexes aren't worth buying. Diversify by having no more than 20% of your money in one sector and no more than 5% in one stock.
>>
>>1699652
Read the Intelligent Investor to get a decent idea about this. This is the book Buffett bases his investment strategy on.
>>
>>1699652
Solid advice. I've already started some basic research on this based on other advice I've seen, so it's always nice to hear it reinforced.

Still looking for other opinions - even radical and stupid pipe dreams 'cause those can still be fun to think about
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>>1699654
also thanks for the resource
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>>1699643

Withdraw it from the bank, in one dollar bills, then shove it all up your ass.
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>>1699643
... what kind of job?
>>
>>1699652
>>1699654
Graham never hated index funds. He even mentioned that they enterprising investors might not necessarily outperform index funds.
>>
>LA
>petrol

Try /r9k/ for fantasy role play
Thread posts: 9
Thread images: 3


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