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/biz/ - Business & Finance


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17608827 No.17608827 [Reply] [Original]

My mom is asking me for financial advice, so here I am. She sold her stocks a week ago and has 50k in USD.

Holding USD is bad right now correct? Should I tell her to put it in gold or bitcoin?

>> No.17608844

Unironically buy PNK. It's literally breaking out from a cup and handle as we speak.

>> No.17608863

>>17608844
Fuck off pajeet

>> No.17608927
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17608927

>>17608863
>asks for advice
>rejects advice
Sounds like you really don't know what you want do you?

>> No.17608956

If you’re after safety, definitely gold. I bought gold stocks three weeks ago and am in the black despite biggest daily losses ever in recent weeks.

>> No.17608964
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17608964

>>17608827
50% LINK, 30% BTC, 20% ETH
literally can't lose, for higher risk take % out of BTC and ETH and put it in LINK

>> No.17608970

>>17608927
You are wasting your time, kindly fuck off to one of your 15 kleros threads. Thanks

>> No.17609025

>>17608970
It's funny because you could probably turn that into like $1 million dollars if you listened to me.

>> No.17609095

>>17609025
I am overty callous to Indians irl because of you pajeet shills. Racist even, like wont buy or sell to them and look down on them with obvious contempt.

>> No.17609102

Atleast 10% of that into chainlink unironically, i would put all of it in link but dont do that with your mothers cash

>> No.17609114

>>17608827
Go half Bitcoin and half gold.

>> No.17609118

>>17609025
Kys pajeet, think of your fucking karma youll be reborn as a piece of shit on your designated shitting street

>> No.17609138
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17609138

>>17609025
post timestamped pic of your hand or gtfo to 4ganges or whatever you guys have there

>> No.17609149
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17609149

>>17609114
Imagine thinking bitcoin is the superior investment compared to link

>> No.17609164

>>17609095
>>17609118
>>17609138
I don't care about your financial success enough to take a picture. I'm shilling this because its going to 100x with or without you but you could join and help pump it faster.

>> No.17609171

>>17609149
kys retard

>> No.17609233

>>17609164
Dont reply to me ever again, you are not in my caste.

>> No.17609234

>>17609171
Youre the retard, what was objectively the better investment 2019 and 2020?

>> No.17609239

>>17609164
hahha shitskin

>> No.17609262

>>17609164
$53 286,06 USD
5,85082539 BTC
223,84917457 ETH

I could literally do half ot his volume of this scam

>> No.17609267

>>17608827
Unironically gold.

I'm a BTC Maxer, but I know that BTC is super volatile. So just go with gold.

>> No.17609275

>>17608827
All in LINK when it hits $4.50

>> No.17609339

>>17608827
Tell her to buy inovio stock.

If she is scared buy link.

>> No.17609410

>>17609262
And yet PNK will leave you in the dust while you cling to your boomerbux and boomercoins.

>> No.17609470

>>17608827
High rated corp bonds. 10-15%PMs (gold/silver only), muni bonds (tax free), and anything else that outpaces 1.7% inflation. Stocks I would not recommend atm considered the current circumstances.

>> No.17609739

>>17609410
only thing in the dust is your asshole from shitting on the street

>> No.17609774
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17609774

>> No.17609843

>>17608827
Some gold is good.
I'm getting GLDM and GOLD (mining company with good management)

But these events can be deflationary, inflationary, or neutral, so you never know, I wouldn't go too heavy.

>> No.17610000

>>17608827
Bro, ETH 2.0. is near (around July 2020). Go all in ETH right the fuck now, sell the first big candle when it goes live, rebuy when it retraced a bit ---> profit lol

>> No.17610403

>>17608827
put it into gold, don't buy into cryptocurrency as more than likely it'll get pump/dumped.

>> No.17610527

>>17608827
I told my boomer mom to buy chainlink when she came to me for financial advice and it was 22c. She wouldnt do it because she couldnt find it on her fidelity app. I practically begged her a few times after that in the following weeks. Shes got 600k+ in a 401k and wouldn't muster up a measly 10k for it. I haven't explicitly told her this, but on some level she is already dead to me. If I had access to even a portion of her funds I would make us all rich. I'm going to milk her dry. It's what she deserves.

>> No.17610740

>>17610527
I shilled my dad on BTC, ETH, and LINK. He bought every one and made bank off them, then sold for massive profits and used the capital to finance our family real estate empire of which I am the only male heir.

Read it and weep scrub

>> No.17610752

Gold

>> No.17610790

LINK, literally the banking cartel's coin

>> No.17610792

>>17608827
Cash is fine desu.
The party has only started.
You haven't seen anything yet.

>> No.17610818

>>17608844
PNK is the most retarded concept I've ever seen and anyone who buys it is, therefore, a retard. Do you fucking shills even know what the project is about? Have you even read the white paper? It's like a practical joke.

>> No.17611726

>>17608827
She shouldn't have sold her stocks, retard. Tell her to buy VOO or VTI.

>> No.17611754

>>17610527
Lol.

>> No.17611760

>>17608827
Do not ask random people on the internet for investment advice.

I will not give investment advice.

>> No.17611773

Thanks everyone for the replies. We are doing 5k in Link and the rest in gold. She is willing to hold link for years without touching it.

>> No.17611776

>>17611760
*Also, she's gonna blame you if your advice turns out to be bad. They all blame you.

>> No.17611803

I don't know how long the coronavirus market dump will continue. It'll bottom out eventually

>> No.17612882

>>17609095
thats like, your problem, man.