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re: Have just $40k laying around. What's the smartest/safest way to increase it in a year?

Posted on 1/2/22 at 10:53 am to
Posted by BigD13
French Settlement La
Member since Sep 2013
2571 posts
Posted on 1/2/22 at 10:53 am to
If your not scared of Crypto I grabbed 35k of XLM yesterday at .27. This will get downvoted of course but I will bump this thread in 2022 when it doubles and I sale.
Posted by Joshjrn
Baton Rouge
Member since Dec 2008
30074 posts
Posted on 1/2/22 at 10:55 am to
quote:

I was assuming based on his post that he still would be contributing funds to the account. Don't think he was looking for a 50% return.


If that's the case, he needs to give us the contribution amounts and schedule. It's just impossible to balance risk and reward without that information.
Posted by 98eagle
Member since Sep 2020
2640 posts
Posted on 1/2/22 at 11:48 am to
(no message)
This post was edited on 1/2/22 at 12:23 pm
Posted by 98eagle
Member since Sep 2020
2640 posts
Posted on 1/2/22 at 11:48 am to
(no message)
This post was edited on 1/2/22 at 11:49 am
Posted by BoogalooCopperpot
In my own head
Member since Jan 2021
458 posts
Posted on 1/4/22 at 12:50 am to
Definitely buy all the game coin you can! Hashtag to the super moon!

Yahhhhh! Spirit fingies!!!!!
Posted by Auburn1968
NYC
Member since Mar 2019
23258 posts
Posted on 1/4/22 at 11:28 am to
It's a good time and age to study the markets and follow everything on this forum and elsewhere.

If the market goes into the dumps anytime soon, well, that's a good time to jump in with both feet.
Posted by DVinBR
Member since Jan 2013
14710 posts
Posted on 1/4/22 at 12:16 pm to
first off, don't leave huge sums of money in a checking account while deciding on where to invest it at, put it into a savings account where it can safely accrue a better interest rate for better growth in the meantime
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