No post body was provided.
Ask HN: I have 1k to invest, what would you recommend?
1–10 of 32 posts
Re: Ask HN: I have 1k to invest, what would you recommend?
#2Since many with more knowledge than I are saying the stock market is overvalued and Bitcoin is vapor based I'll offer you invest in something you can add value to and resell or keep for your pleasure.
Re: Ask HN: I have 1k to invest, what would you recommend?
#3Bitcoin and Litecoin
Re: Ask HN: I have 1k to invest, what would you recommend?
#4Since many with more knowledge than I are saying the stock market is overvalued and Bitcoin is vapor based I'll offer you invest in something you can add value to and resell or keep for your pleasure.
Can you give an example?
Re: Ask HN: I have 1k to invest, what would you recommend?
#5High yield dividend ETF if you are risk averse or if you want to gamble then a cryptocurrency
Re: Ask HN: I have 1k to invest, what would you recommend?
#6If you want to be safe buy 4 $SPY you'll have to go a little over a grand as they are at $265. Historically very few assets beat it over a given 25 year period. For some fun buy Litecoin or 10 NVDA Jan 12 2018 217.5 calls.
Re: Ask HN: I have 1k to invest, what would you recommend?
#7Since many with more knowledge than I are saying the stock market is overvalued and Bitcoin is vapor based I'll offer you invest in something you can add value to and resell or keep for your pleasure.
Can you give an example?
Restoring furniture, old cars and motorcycles, growing food, tools for any kind of trade work, buying and reselling almost anything of value.
One might just sit on the cash and wait for a bust in the stock market and then jump in.
Re: Ask HN: I have 1k to invest, what would you recommend?
#8Bitcoin and Litecoin
"1,000 People Who Own 40 Percent of the [bitcoin] Market"
That, right there, is just one problem with Bitcoin, and it's a big one.
https://www.bloomberg.com/news/articles/2017-12-08/the-bitco...
Re: Ask HN: I have 1k to invest, what would you recommend?
#9Bitcoin and Litecoin
"1,000 People Who Own 40 Percent of the [bitcoin] Market" That, right there, is just one problem with Bitcoin, and it's a big one. https://www.bloomberg.com/news/articles/2017-12-08/the-bitco...
How is that any different from US dollars?
https://www.theguardian.com/global-development/2017/jan/16/w...
Re: Ask HN: I have 1k to invest, what would you recommend?
#10Start a side hustle! https://www.sidehustlenation.com/ideas/
IMO that money is far better spent in a way that allows you to develop skills in areas you're passionate about while making money.