61–70 of 92 posts
Most answers you're getting here are on the responsible side i.e. Bogleheads-like. Your question makes it feel like you're ready for some extra risk and I am assuming these 5k aren't your entire savings. - Wefunder allows you to invest in companies with small amount. Find something really promising there. - Spend time researching small-cap companies in the $1-$5 range and invest 1K where metrics and fundamentals seem…
If you really want to spread your risk, choose 5 different ETFs that are not correlated. But I don't think any investment available at the 1k level will net 10x.
Earlier quoted context omitted.
Plenty of countries have tax-shielded vehicles for small investments like this, which it would be handy to find out about. The UK "ISA", for example.
Good points! I do have an ISA, maybe I should limit my investments inside it. It doesn't support US shares though.
I’m not going to give you financial advisor like advice, so be warned. 1k each in: 1. Teladoc $TDOC (telemedicine) 2. Canopy Growth $CGC (weed) 3. Nvidia $NVDA (gaming, crypto) 4. Bitcoin $BTC 5. Adyen (payments) Macrodrivers: growth in telemedicine/direct to consumer healthcare, eventual worldwide legalization of weed, gaming, mainstream crypto use, ecommerce payments....
Do you have debt? Yes? Pay it off! Do you have an emergency fund? No? make that your investment! Do you have 3-6 times your monthly expenses set aside? No? make that your investment! Still money left? invest in MSCI World oder S&P 500 ETFs and let it sit for a decade or two ... that should net you your 10x growth Edit: removed the MSCI EM ETF recommendation ... S&P 500 performs better.
Aren't 2 and 3 the same thing?
How is money set aside an investment?
Thank you!
If you really want to spread your risk, choose 5 different ETFs that are not correlated. But I don't think any investment available at the 1k level will net 10x.
I'm not particularly expecting 10x. I'll look into those, thanks!
I honestly don't know enough about finance to go from correlations between two asset classes to the correct correlation between five, but maybe google will help.
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Thank you for this, especially the Golden Cross / Death Cross links. I learned something today.
You didn't. Technical indicators like that are nonsense
If you're considering following the suggestions of investing in the stock market, hold off until a possible Brexit market reaction passes in March. Also, wait to see if the S&P can get up and hold steady above $2750. If it can't hold above that mark for a month or so, expect significant drop. Read up on simple moving averages (sma), relative strength index (rsi), and stochastic rsi indicators. Then read up on golden…
Instead of doing this focus on making more money at the actual career you've chosen and being disciplined at avoiding hedonic treadmills and at investing consistently over time. Start doing this as soon as possible, ideally from day 1 of your earning career. If you do that variations in market timing are nothing to worry about. The worst possible timer in the world comes out well ahead of >90% of the population: http…
Investing blindly in any market is a terrible idea and ignorant advice. Buying and holding is a terrible strategy, especially during crashes or leads up to crashes. "Bob" invested at the peaks of four market cycles and suffered heavy losses of nearly 50% with each subsequent crash. He could have nearly 50% more in gains had he taken the time to read the signs.
Anyone in their right mind would be livid had they just invested a nice chunk of their hard earned pay, only to lose 50% of it in the following month. Best bet to dodge these avoidable pitfalls, is to hold off on dropping money into investments until you feel comfortable enough with assessing markets. Then make an informed decision on what to invest in , instead of throwing shit at a wall to see what sticks
Considering the current political and economic climate : 1- Pay back as much debt as you can: Signs point to the 'cheap money' party ending relatively soon and debt will start becoming considerably more expensive to carry. 2- Bitcoin. Yes, I said it. My 2 cents: Forgetting the debate on the currency aspect and its usability as such . A politically neutral store of value has a use case and there is a tremendous need f…
Invest in ChainLink :) https://chain.link
Follow satoshi nakamoto