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/biz/ - Business & Finance

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12527795 No.12527795 [Reply] [Original]

I'm a 19yo and have $10 000 in my local currency. I want to invest it but it seems that since all stock markets are at an all time high my chances of bhsl are high. I have no prior exp with money. What should I do?

>> No.12527819

>>12527795
The "don't buy an ATH" meme is retarded.

>> No.12527824

>>12527795
Retard get this for suicide insurance
1k link
1mil holo
1k aion

>> No.12527828

>>12527819
how so?

>> No.12527837

>>12527824
I will never invest in crypto, unlike some I learned from the pink fields

>> No.12527894

>>12527837

Best time to buy is when the catalog is filled with pink.

>> No.12527904

>>12527795
>I have no prior exp with money. What should I do?
read a book

>> No.12527971

>>12527904
which one?

>> No.12527977

>>12527894
Don't have a catalog, just $10k in the bank

>> No.12527983

>>12527971
Lord of the rings

>> No.12527985

>>12527971
The Intelligent Investor by Benjamin Graham

>> No.12528000

>>12527985
tfw to inteligent investor by bitcoin wojak

>> No.12528011
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12528011

>>12527971

>> No.12528031

silver
if you don't want that then just buy btc or eth

>> No.12528045

>>12528031
why silver? I'm not fucking with crypto

>> No.12528239

invest in drugs and hookers

>> No.12528265

>>12528045
read peter lynch, ben graham, dodd, etc.
don't invest until you know what you're doing- that 10k represents about 700 hours of work. so spend atleast 700 hours learning how to not lose that 10k.

and yes you're a fucking spastic to be touching most things right now. market values are more stretched than my ex.

>> No.12528315

>>12528265
so hodl my money in bank untill the next crisis and then invest?

>> No.12528316

>>12527795

Do Your Own Research

Otherwise try this, at your own risk:
Put half of it in high-grade bonds, bond ETFs or a time deposit with a reasonable interest rate (not necessarily in your country).
Put the other half in an index fund.

If you're considering to buy any funds, for index funds I would spread the investment over several months due to the probable bear market (therefore stocks and stock-following index funds will probably go down) and bonds or bond etfs I would just buy now.

>> No.12528327

>>12528239
I don't do drugs and I'm waiting till marriage

>> No.12528341

>>12528327
stay poor then

>> No.12528365

>>12528316
You seem to know your shit, any predictions on when the next downturn will come?

>> No.12528434

>>12528365
It's already starting to happen

>> No.12528445

>>12527983
>>12528011
very nice

>>12527971
>go to local amazon
>look for personl finance book
>read reviews
>buy one that sounds good
>read and learn

like >>12528265 said: dont buy it if you dont unerstand it

>> No.12528947

>>12527894
Serious question. What's a "catalog"?