Serious So where the hell do you invest money?

[i_a_m_i]

How do you know whom to pay? There are plenty of scammers and bullshitters who won't beat S&P or reduce risk in comparison with S&P index investing.

I don't. But I can either manage my own money, or pay someone else to manage it. I can either succeed financially, or fail financially. If I manage my own finances, there is a very good chance I'll fail. If I pay a competent person to do it, there is a good chance I'll succeed. However, if the person I pay is incompetent or a scammer, then there is a good chance I'll fail.

So there are two risks to consider. 1)The risk that I'll mess up my finances by investing on my own (very high), and 2)The risk that the person I hire to manage my money is incompetent or a scammer (high). The second risk is less likely, so if I were interested in "investing" my money, that's what I'd do.

Though if I were given a million dollars, I probably wouldn't even need to invest my money. I'm content to live off $50,000 for the next ~20 years. I don't foresee myself living longer than 20 years anyway.

 

[Smallondick]

Though if I were given a million dollars, I probably wouldn't even need to invest my money. I'm content to live off $50,000 for the next ~20 years. I don't foresee myself living longer than 20 years anyway.

"Reais" in fact and here 50,000 are worth less.

 

[Blacktarpill]

post more biz memes ngl

Rest in biz, incelkingkong

 

[acnescarcel]

saving a million is super hard unless you become an entrepreneur or you have a high paying job and save every dollar you make. assuming you did save 1million id say invest in the s and p 500 index/etf its what warren buffett says to do. if you were to invest 10k now at 20 something by 60 something you should have a million supposedly, so with a million you'd have a bunch. you could also try individual stocks but thats more risky and more work and more fees, but could pay off more.

 

[IncelGenocide]

Ok, it looks like nobody knows anything.

 

[Deleted member 8206]

you need to buy gold if you want to survive collapse

 

[Sans]

Where the fuck do you even GET a million dollars?

 

[IncelGenocide]

you need to buy gold if you want to survive collapse

low IQ goldbug reply.

If people are in a collapse and they don't have money, do you think they will be buying fucking gold?

No, they will be selling everything, including their golden teeth to pay for FOOD.

 

[Weed]

I felt for BAT meme today, now hoping Brave browser becomes legit in new years tbhngl. Road to millionaire, will update

 

[IncelGenocide]

I felt for BAT meme today, now hoping Brave browser becomes legit in new years tbhngl. Road to millionaire, will update

degenerate gambling

 

[Deleted member 8206]

low IQ goldbug reply.

If people are in a collapse and they don't have money, do you think they will be buying fucking gold?

No, they will be selling everything, including their golden teeth to pay for FOOD.

jfl at thinking you will have to sell gold to random people who struggle to buy food

 

[Weed]

degenerate gambling

Cope, project seems very legit unlike BITCONNEEEEEEEEEEEEEECTTTTTTTTTTT... I would've made £1k in profit back then if I did HODL

 

[IncelGenocide]

Cope, project seems very legit unlike BITCONNEEEEEEEEEEEEEECTTTTTTTTTTT... I would've made £1k in profit back then if I did HODL

As I said - coins and gold bugs are degenerate gamblers of same mentality.

If I wanted to gamble I'd go to casino. I made this thread to ask for investment advice not buying shitcoins and imaginary internet tokens.

 

[Deleted member 15752]

It's all a scam bro', property; land ownership & investing in a technology that will take off 5-10 years later is the only investments that work & TBF you need to have the capital to start with, insider knowledge or investment backers to get anywhere.

 

[Weed]

As I said - coins and gold bugs are degenerate gamblers of same mentality.

If I wanted to gamble I'd go to casino. I made this thread to ask for investment advice not buying shitcoins and imaginary internet tokens.

You didn't mention you were investing in your original post plus you never said why it's gambling.

 

[IncelGenocide]

You didn't mention you were investing in your original post plus you never said why it's gambling.

It is gambling, because those are stupid imaginary made up tokens that don't produce anything and don't have any underlying value and you just buy them, because you buy into the scam-hype story and think another idiot will pay more for them. It's not like you are buying companies with employees, inventory, patents, real estate, research labs and stuff that actually moves humanity forward and drives productivity. No, you are literally buying a copy pasted shitcoin with a nice name and nice story.

The shit has sailed. Those who managed to get lucky on the 2017 bull market made money. Not because they were smart, because they were lucky. In gambling, sometimes you win. But it is no way to blow a million.

 

[Juxtaposition6]

WHERE I SPEND MY FUCKING MONEY(not the milliondollars) :
-buying the books
-buying the pens(drawing)
-buying the food(junk)
-buying the electronic generalities

 

[Michael15651]

Real estate