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2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance

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10238336 No.10238336 [Reply] [Original]

If you have a mid 6 figure nest egg, is it wise to have it in savings account or ETF right now? I have mine in savings account. My gut feeling is that we're overdue for a stock market crash and aiming to buy the dip is higher ROI than getting into ETFs now. Not super confident though.

>> No.10238401

>>10238336
I want to stand in the middle of them all and just sniff the air.
I bet it smells so pretty.

>> No.10238406

>>10238336

I am jealous of your nest egg, being a poor millennial...

Anyway, if you think the markets are going to crash, you can either invest in inverse ETFs or put options on stocks you expect to fall in value.

It's your money so it's your risks and decision...

>> No.10238442

desu put it in a CD

2% guaranteed growth or something if you fear the stock market

>> No.10238470

>>10238336

If you're a millennial, put it into some balanced ETFs. I have mine in a 60 stock / 40 bond ETF. Never try to time a market, you'll only lose out in the long term. Keeping it in savings is for suckers.

>> No.10238512

>>10238336
Invest it in prostitutes. You can raw dog the most top quality prostitutes for that kind of money. Go anal too. It costs a little more but you've earned it. Proud of you champ.

>> No.10238543

>>10238336
If you put it all in LINK, you will unironically be able to retire by this time next year with hundreds of millions of dollars.

>> No.10238552

>>10238543
Bags is heavy
Knees weak
Moms spaghetti

>> No.10238580

Sell puts at your entry point, you'll make more than a savings account yield.

>> No.10238594

>>10238543
Unironically this. Safest bet in crypto besides anal with hookers.

>> No.10238612

>>10238442
Nigga that's lower than inflation

>> No.10238640

a diversified portfolio of cryptocurrencies and shit. diversify yo tokens nigga!

>> No.10238833

>>10238401
Just buy a shampoo and soap

>> No.10238888
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10238888

>>10238336
>My gut feeling is that we're overdue for a stock market crash

You're being tricked into "muh 7 year biz cycle" meme it's right only some of the time. Look into the longer term cycles. This will be a fall dip/consolidation, not a crash. Then go way the fuck higher than you could even imagine.

You're lucky to have seen such rare information, seriously anon I shouldn't even post this. Fucking screen cap I swear everyone is wrong

>> No.10238914

how much DAG for a threesome with these 2 HBB cutiepies?

>> No.10238925

>>10238914
forgot pic, somehow my pic exceeds maximum file size : https://i.imgur.com/o9KIsdV.png

>> No.10238941
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