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Ask HN: Where would you invest 30K EUR?

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Re: Ask HN: Where would you invest 30K EUR?

#21

Post by methusala8 »

thiago_fm wrote: post #10

I will try to make it short. I have been successful investing for a long time(10+ years), long-term and having no background in finance or whatsoever. Read it only if you want to invest it in the long term, possibly forever, so you acummulate assets over time. My tips/rules: - buy some books about value investing and read them(don't only buy) - NEVER buy stock from recommendations - avoid mainstream media about finan…

Nice, thorough answer. You mentioned that : "of those at least 3 types of assets, never have 10% of more than any"

Could you please elaborate on this? Suppose, I have x as my savings, should I invest only 30% of that in each of these and hold the rest in cash? Is that what you meant? Thanks.

Re: Ask HN: Where would you invest 30K EUR?

#22

Post by mozillas »

Buy a website that makes 1K EUR a month. Before, do some thinking and reading about a niche that you might know something about or care about. Use a serious broker to minimize the chances of getting scammed. Try to grow the website by using some your time and skills or use the money left to hire people that cost less per hour than what you make.

If things go well, you can keep the website or sell it for more than you bought it. If the revenue doesn't improve or becomes smaller you can sell the website and get some of the money back. Either way, you'll learn some new things.

Re: Ask HN: Where would you invest 30K EUR?

#23

Post by SirLJ »

I would advice to avoid any Buy and Hold strategies for any assets including the the stock market...

You already lost money in crypto, because you don't know what you are doing, so do not listen to people that advice to by index funds, it might have the exact same result....

Just check how long it took NASDAQ to go back to new highs after the dot com bubble or check Japan - Nikkei stock index from the 1989 and how far off it is today almost 30 years later...

https://finance.yahoo.com/quote/%5EN225?ltr=1

As with everything, you'll need to educate yourself and spend the time doing it so... unfortunately, there are no shortcuts...

Think about it, if you want to fly a plane, would you ask here for advice how to do it?

Re: Ask HN: Where would you invest 30K EUR?

#24

Post by jakobegger »

Why not just leave it at the bank?

It's always nice to have a bit of money on the side for unexpected expenses (eg. car breaks down) or if you should find yourself without a job for a few months, or if you need a down payment to buy an appartement.

If your money is tied up in investements, it's just going to be a hassle to get to your money, and it's going to cost a lot in fees if you need it sooner than later.

Re: Ask HN: Where would you invest 30K EUR?

#25

Post by galawa »

invest in my startup, i have a startup company in concept stage and the startup aims to compete with the established messaging app like viber,telegram,snapchat and whatsapp. Invest that amount to my startup. reach to me by sending a message to my email , ismailgalawa@gmail.com

Re: Ask HN: Where would you invest 30K EUR?

#26

Post by Ooberdan »

thiago_fm wrote: post #10

I will try to make it short. I have been successful investing for a long time(10+ years), long-term and having no background in finance or whatsoever. Read it only if you want to invest it in the long term, possibly forever, so you acummulate assets over time. My tips/rules: - buy some books about value investing and read them(don't only buy) - NEVER buy stock from recommendations - avoid mainstream media about finan…

Thanks for a great, thorough response Do you have any recommendations on books?

Re: Ask HN: Where would you invest 30K EUR?

#27

Post by badpun »

mozillas wrote: post #22

Buy a website that makes 1K EUR a month. Before, do some thinking and reading about a niche that you might know something about or care about. Use a serious broker to minimize the chances of getting scammed. Try to grow the website by using some your time and skills or use the money left to hire people that cost less per hour than what you make. If things go well, you can keep the website or sell it for more than you…

> Buy a website that makes 1K EUR a month.

That's a 40% yearly ROI. Do people really sell at such valuation?

Re: Ask HN: Where would you invest 30K EUR?

#28

Post by quickthrower2 »

badpun wrote: post #27
mozillas wrote: post #22

Buy a website that makes 1K EUR a month. Before, do some thinking and reading about a niche that you might know something about or care about. Use a serious broker to minimize the chances of getting scammed. Try to grow the website by using some your time and skills or use the money left to hire people that cost less per hour than what you make. If things go well, you can keep the website or sell it for more than you…

> Buy a website that makes 1K EUR a month. That's a 40% yearly ROI. Do people really sell at such valuation?

Yes because if risk. Who says it'll still be making anything next year.

Re: Ask HN: Where would you invest 30K EUR?

#30

Post by badpun »

quickthrower2 wrote: post #28
badpun wrote: post #27

Earlier quoted context omitted.

> Buy a website that makes 1K EUR a month. That's a 40% yearly ROI. Do people really sell at such valuation?

Yes because if risk. Who says it'll still be making anything next year.

Sounds like a market for lemons (perhaps that explains the very low valuations). For an owner, barring some personal circumstances, it makes little sense to sell unless he forsees problems in the near-ish future. Otherwise, as holding the company for just 2.5 more years doubles his profits, it sounds smart to hold on to it for as long as possible and only sell when he feels that a decline is coming.
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