Given that you are in Australia, I suggest that you look at Forager Funds Management. I think they provide a reasonable way to enter the stock market.
I concur.
Shill - check the post history
Ask HN: I have 50k. How do I make it more without a startup?
31–40 of 51 posts
Re: Ask HN: I have 50k. How do I make it more without a startup?
#32Dear Sir, SEEKING YOUR IMMEDIATE ASSISTANCE. Please permit me to make your acquaintance in so informal a manner. This is necessitated by my urgent need to reach a dependable and trust wordy foreign partner. This request may seem strange and unsolicited but I will crave your indulgence and pray that you view it seriously. My name is. DAN PATRICK of the Democratic Republic of Congo and One of the close aides to the for…
What happened to downvotes?
Re: Ask HN: I have 50k. How do I make it more without a startup?
#33Earlier quoted context omitted.
In fact, even if you started investing in an S&P 500 index fund at the top of the market right before the big crash of 2007 (financial crisis), you'd still have a very decent return today.
That article convinced me otherwise. I wish I could find it now because I'd love to get some input on the numbers that, I'm assuming, I'm reading correctly.
I can't check without the article, but some mistakes I've seen - ignoring reinvested dividends (~2%/yr,) and unrealistic tax figures
on the other side, you've got people who ignore inflation and assume 10% a year returns promising ridiculous growth
Re: Ask HN: I have 50k. How do I make it more without a startup?
#34Get a job.
There's no way for you to reliably make even 20k in the next year off of an investment of 50k unless you are going to be personally involved in it. You will also almost certainly make at least 20k at your job in the next year, and can probably figure out a way to increase your salary by 20k.
Re: Ask HN: I have 50k. How do I make it more without a startup?
#35Buy Bitcoin for 50k and sit on it. Not even kidding. :)
Only if you have the calm and patience to sit through a major dip. Or wait until then to buy.
Bitcoin as an "investment" is a lot more volatile than most other options. But, as of now, also a lot more profitable.
Re: Ask HN: I have 50k. How do I make it more without a startup?
#36Earlier quoted context omitted.
Same boat here. I'm really scared of a stock market crash.
You are right to worry about this, current stock market valuations are not sustainable .. Just avoid the risky bourse. IMHO it's too late for refuge assets too. Long term assets could be something to be evaluated. solar energy, home refurbishing, ... https://www.forbes.com/sites/laurashin/2016/06/02/4-reasons-...
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Re: Ask HN: I have 50k. How do I make it more without a startup?
#37Index fund, real estate. Personally I like real estate because I find the principles of it intuitive.
[deleted]
Re: Ask HN: I have 50k. How do I make it more without a startup?
#38Dear Sir, SEEKING YOUR IMMEDIATE ASSISTANCE. Please permit me to make your acquaintance in so informal a manner. This is necessitated by my urgent need to reach a dependable and trust wordy foreign partner. This request may seem strange and unsolicited but I will crave your indulgence and pray that you view it seriously. My name is. DAN PATRICK of the Democratic Republic of Congo and One of the close aides to the for…
What happened to downvotes?
Downvoting worked for me
Re: Ask HN: I have 50k. How do I make it more without a startup?
#39Buy Bitcoin for 50k and sit on it. Not even kidding. :)
and/or diversify BTC with Monero
Re: Ask HN: I have 50k. How do I make it more without a startup?
#40'more' in terms of value? Then, take a break and roam the world. You can sustain for 2-3 years and do a RTW at a slow-n-steady pace and also make some money in the interim :)