Ask HN: Where would you invest 30K EUR?

Post by eb0la » Fri, Nov 30, 2018, 11:24 AM UTC

badpun wrote: post #30

quickthrower2 wrote: post #28

Earlier quoted context omitted.

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.

Sometimes people needs money asap, or gets tired of the same suff...

... life happens ;-)

Post by thiago_fm » Wed, Dec 05, 2018, 2:32 PM UTC

methusala8 wrote: post #21

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.

It is just a rule of thumb I created for the OP, you can create it as well for yourself any way you want.

It just shows the importance of diversification and mitigation of risk, and real diversification, which means that you aren't diversifying between 5 oil companies stocks, but different types of assets, maybe even contradicting assets, so it hedges you a bit just in case one goes down, the other goes up.

So tha greatly reduces the risk of the OP losing all his money(it can still happen) meanwhile give him some time to figure out things by himself.

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

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