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2
Posted on 2/2/21 at 10:11 pm to el Gaucho
Turn that kid into a link marine and get him some Chainlink
Posted on 2/2/21 at 10:13 pm to rocket31
quote:
digital sports card of his favorite player
why would you pay money for a free gif off google?
ETA: if thats a glorified nba funko pop type deal
cringe dude
This post was edited on 2/2/21 at 10:17 pm
Posted on 2/2/21 at 10:17 pm to Costanza
quote:^this. Never too early to start teaching them.
Talk to him, teach him, give him learning assignments, make him read, and then let him pick what he wants to invest in. Build the foundation. (And yes, VTSAX)
Posted on 2/2/21 at 10:25 pm to PoppaD
Quote:
I would think about putting it in an SP500 etf or a total market index etf.
Its not as sexy as buying some individual stocks but it works to get broad diversification. I read some Warren Buffett advice and he said most retail investors should mainly invest in these type of funds.
I followed his advice on my portfolio.
vstax is a total market index mutual & the VTI is a total market etf .
Doing my own research I dont think ill really be utilizing the possible benefits of an etf over a mutual, this will be a long hold.
Unless im missing something...
I would think about putting it in an SP500 etf or a total market index etf.
Its not as sexy as buying some individual stocks but it works to get broad diversification. I read some Warren Buffett advice and he said most retail investors should mainly invest in these type of funds.
I followed his advice on my portfolio.
vstax is a total market index mutual & the VTI is a total market etf .
Doing my own research I dont think ill really be utilizing the possible benefits of an etf over a mutual, this will be a long hold.
Unless im missing something...
This post was edited on 2/2/21 at 11:02 pm
Posted on 2/3/21 at 2:24 am to PoppaD
quote:
read some Warren Buffett advice and he said most retail investors should mainly invest in these type of funds.
Unless you're a genius AND lucky or privy to insider trading, you're better off in the long run just putting it into low cost mutual funds and letting it sit there. Low cost being the key. That is what my 401k and 457b are doing.
That said, I am starting to invest with my brokerage account with some AT picks and seeing if I can make bank with cash as well.
Posted on 2/3/21 at 8:12 am to slater
honestly if you are just setting and forgetting....bitcoin. Tell him he cant touch it until college. I wouldnt expect it to continue down the path it has but 500% growth in that time frame is almost a certain. Not many other things can say the same.
Posted on 2/3/21 at 8:33 am to slater
ATVI
Posted on 2/3/21 at 8:36 am to CE Tiger
quote:
Turn that kid into a link marine and get him some Chainlink
Another good option. Prolly higher upside than even BTC.
OP if this is college money, the play is in Crypto.
Posted on 2/3/21 at 8:43 am to el Gaucho
quote:
why would you pay money for a free gif off google?
ETA: if thats a glorified nba funko pop type deal
cringe dude
Even as a crypto guy, this digital card shite is so dumb
Physical cards will always be a bigger deal, especially non-modern cards.
Posted on 2/3/21 at 8:47 am to Ace Midnight
quote:
Buy Coca Cola, set dividends to reinvest. Tell him not to look at it until he's 50.
Terrible idea. KO hasn't been a good investment in years.
SPY & QQQ trounce it if you want passive investments.
Posted on 2/21/21 at 3:33 pm to rocket31
quote:in a shocking development im right once again
bitcoin and a digital sports card of his favorite player
this zion williamson block is selling for $1285LINK
that Zion card is now $5750
Bitcoin is also up $20k since this post
This post was edited on 2/21/21 at 3:39 pm
Posted on 2/21/21 at 3:44 pm to rocket31
hey op if you still wanna buy it, it'll be over $10k by April
Posted on 2/21/21 at 4:16 pm to AncientTiger
Ancient, when you say GL in your posts do you mean good luck or go long?
Posted on 2/21/21 at 5:53 pm to Powerman
Following this thread
Posted on 2/21/21 at 10:13 pm to cmlsu
If you’d have put $3500 in DELL in 1990, by 2000 it would have been about $350,000.
Posted on 2/22/21 at 4:42 am to Ace Midnight
I could see coke and other sodas under attack in our future given how bad they are for you, but it’s got nothing on alcohol
Posted on 2/22/21 at 6:41 am to slater
If he truly is investing for a lifetime, a good, broad low cost index fund will do the job.
Fidelity has 3 completely “free” funds.
Fidelity has 3 completely “free” funds.
Posted on 2/22/21 at 7:36 am to slater
Fidelity Select Technology - FSPTX
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