Newfag here
I got $4,000 cash gifted to me. I've got no experience trading or anything of the sort. So I ask you, /biz/, what would be the best thing to for me to do with four grand to potentially get the most return from it? I'm a complete novice but I want to be dedicated to this, and so I just need some guidance in the right direction.
put it all in jnug
>>1737867
right now its a weird time to invest, with no skill i suggest putting it in some mid yield bond mutual fund something like a 60% bond, 40 value based stock.
if you wanna go a little crazier ask for either high yeilding bonds or very high growth stock funds.
B-B-But muh
>mgmt fees!!
you pay experts to do experts work, sorry.
after that, don't touch it, seriously don't touch it for a year, if you NEED, and i mean NEED like rents due, or the mobs at my door, take out only 40% of what you earned.
>>1737867
Bro, get in slowly don't put all your money unless you are going long term gains with etf. UNDER NO CIRCUMSTANCE DO YOU START CHASING MEMES, leave that to the gamblers they already know a few things but most are losers. Start asking yourself question of what you want with your money for example, "Am i going long term?", "Do i feel like losing it all gamblin-i mean day trading?", "What are my options for learning?"
>>1737882
Where do I go, who should I ask? I'm a complete novice and have no idea where to head if I want to get into this.
Put $1,000 in gold. Dollar will fall when Trump gets into office as people will be panicking. Watch your money rocket.
Other than that listen to this guy: >>1737882
>>1737867
open a forex account and trade
>>1737926
Good luck getting approved for Forex with 4k
>>1737867
>to potentially get the most return from it
most return = most risk
So you're asking /biz/ to recommend the riskiest shit there is, essentially.