Just curious to know success stories are out there of folks that invested in businesses that took off. And any advice they are willing to give? It could by any time of investment such as real estate, stocks, coin laundry, etc... Assume someone had about 30k to start
Ask HN: I have money, What should I invest it in?
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Re: Ask HN: I have money, What should I invest it in?
#2The worst thing you can do with your money is make a mistake with it. So make sure you don't rush into anything without fully understanding what you're getting into.
Re: Ask HN: I have money, What should I invest it in?
#3Unless you have a good insight, you're probably not going to beat the market. I'm a big fan of Betterment:
https://www.betterment.com/
Make a financial goal, and Betterment will tell you the possible outcomes if you put X% in stocks and 100-X% in bonds. You select a risk level you feel comfortable with and it'll handle the rest for you. It's also like a bank account - you can deposit and withdraw at any time.
As the Wu-Tang Clan said, you need to diversify your bonds: https://www.youtube.com/watch?v=1_rDtmT246s
Re: Ask HN: I have money, What should I invest it in?
#4Invest in Canadian paint pro.com or American paint pro.com as a licensed service provider
Re: Ask HN: I have money, What should I invest it in?
#5Unless you have a good insight, you're probably not going to beat the market. I'm a big fan of Betterment: https://www.betterment.com/ Make a financial goal, and Betterment will tell you the possible outcomes if you put X% in stocks and 100-X% in bonds. You select a risk level you feel comfortable with and it'll handle the rest for you. It's also like a bank account - you can deposit and withdraw at any time. As the…
Hahaha thanks for the site, and thank you Wu-Tang Financials
Re: Ask HN: I have money, What should I invest it in?
#6You can just give it to me.