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Started By
Message
re: A friend was given $10,000. Where is it best to place the money?
Posted on 8/7/21 at 9:53 am to LatinTiger30
Posted on 8/7/21 at 9:53 am to LatinTiger30
There is no good luck. It will bottom out. I have been at this crypto game since 2015. I have a stack ready. I have flipped eth so many times. It is free money.
0
Posted on 8/7/21 at 10:36 am to Popths
quote:
I’d give it to my financial advisor to invest for me
quote:
My track record of trying to handle it on my own is not good.
HFS with only 10k? You cannot even manage that? DO you seriously not know WTF to invest in? educate yourself. with all the info posters have shared here there is no excuse!
quote:
Pay the professionals unless you are one yourself.
OMG
10k is chump change. pay a pro to invest that small amount?
This post was edited on 8/7/21 at 10:59 am
Posted on 8/7/21 at 11:38 am to tigersint
Rlftf
Posted on 8/7/21 at 1:33 pm to tigersint
VIG
Posted on 8/7/21 at 1:54 pm to tigersint
Try your luck with EGOC.
Reverse merger with a Chinese company that has the backing of the Chinese government.
Reverse merger with a Chinese company that has the backing of the Chinese government.
Posted on 8/7/21 at 1:59 pm to Popths
quote:
Popths
Why are you on the money board?
Posted on 8/7/21 at 3:09 pm to tigersint
Most likely a S&P 500 or total stock market ETF or mutual fund.
Posted on 8/7/21 at 3:38 pm to Armadillo
AAPL
This post was edited on 8/7/21 at 3:43 pm
Posted on 8/7/21 at 3:53 pm to Richleau
Too costly for me to chance losing what I have. I’m a retired plant baw. Never was a math kinda guy. Good luck to you though. I’m not hating. Just answering the question posed.
Posted on 8/7/21 at 3:56 pm to Richleau
Not pay a professional to manage just 10k idiot. The guy said it was a gift. Didn’t say it was my net worth. Get over yourself.
Posted on 8/7/21 at 3:58 pm to Popths
I’m here like everyone else is. Like to see what people do financially. Glad to see so many know it all’s.
Posted on 8/7/21 at 4:01 pm to tigersint
DCA bot
Posted on 8/7/21 at 5:07 pm to Popths
quote:
Too costly for me to chance losing what I have. I’m a retired plant baw. Never was a math kinda guy. Good luck to you though. I’m not hating. Just answering the question posed.
While I have to admit that some people were a bit harsh in the way they came after you for your reply, you also have to realize that by investing in a well diversified mutual fund or ETF, a *professional* would be (essentially) making investment decisions for you.
Paying a professional to pay a professional (especially with this smaller sum of money) really is unnecessary.
Posted on 8/7/21 at 5:35 pm to tigersint
SLI has me up in the 400% range year to date. There is a very long thread on Standard Lithium chock full of information and history.
Posted on 8/7/21 at 6:16 pm to Auburn1968
That’s just what I would have done in my situation. Thanks for understanding. I feel quite comfortable with how I manage my own investments.
Posted on 8/7/21 at 11:17 pm to tigersint
FXAIX
Posted on 8/7/21 at 11:22 pm to tigersint
eth
Posted on 8/8/21 at 9:46 am to ninthward
NLST
Posted on 8/8/21 at 6:30 pm to whitefoot
quote:
quote:
Popths
Why are you on the money board?
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