What am I supposed to do with the money I'm saving?

[Anonymous No.14046612]

I save around $1,000 a month and have around $45,000 in savings. I'm a middleclass wagie in my mid 20s and live a very low maintenance and happy life.

What is the end goal with this?

Buying real estate: not interested because i will have to pay annual taxes and insurance on it.
Buying stock or crypto: too risky
Buying expensive stuff like cars: not interested
Give it away: fuck off

What am I supposed to do with the money that I'm saving? Is it for retirement? Should I just keep saving money until the day comes I finally realize what I've been saving for? Give me some inspiration...

[Anonymous No.14046699]

You want to save for retirement. It's not about having a easier life when you're 65. It's about getting out of wage slavery earlier. A mix of real-estate and stocks are fine, but keep your eyes open for business opportunities too.

[Anonymous No.14046707]

all in on Chainlink idiot

[Anonymous No.14046730]

Wait for the bottom of the stock market crash and put it into stocks

[Anonymous No.14046740]

>>14046699
the thing is that i actually like my boring 9-5 job because is in a beautiful city and i like the people. I already have a small apartment which i inherited and don't need a car.

[Anonymous No.14046751]

buy gold, 10x next year

[Anonymous No.14046755]

>>14046612
If you have to ask you might as well give it away.

[Anonymous No.14046811]

>>14046612
avoid real estate if you want liquidity and avoid maintenance/insurance/taxes/HOA/tenants

you can play the stock market if you're risk averse, just build up a watchlist of stocks and track it for months or years until it comes down significantly in price and put a small position in, rinse and repeat over the years, you can make superior returns to bonds/real estate/index funds with little risk on any given position and it's very easy and relaxed - if you want to increase the reward put larger positions, etc

now you dont have to deal with tenants or strangers vandalizing your property and all of these cash flow out going to local governments and companies

[Anonymous No.14046826]

>>14046612
Put it in a REIT. Put as much money as you can in real estate once the market tanks in 2 years.

[Anonymous No.14046877]

>>14046612
>Buying stock or crypto: too risky
keep saving then
you know saving and not spending your money is also a decision with it's own set of risks
why not only allocate 10% of your savings as "risky"

you should put 10% of you savings into the follow crypto spread:

>50% btc
>35% eth
>15% link

10% of $45,000 is $4,500

put $4,500 into crypto with the breakdown I gave you above
I would also recommend you get LP shares but you're probably going to say that's too "risky" as well

there is no gains without risk, if you want your saved money to earn you more money you need to invest it
otherwise keep piling up cash and see what happens when the government keeps printing fiat and undervalues your holdings
(P.S. inflation is another word for tax)

[Anonymous No.14046891]

>>14046826
what do you think will trigger a tank in real estate, rising base rate and more interesting alternatives?

[Anonymous No.14046919]

>>14046612
Travel?

[Anonymous No.14046923]

>>14046612
Only problem with keeping your money in cash is you're actually losing 1-2% a year due to inflation.

If you're going to let it sit you should put it in a high yield savings account, buy CD's or short term bonds

[Anonymous No.14046960]

>>14046740
Come to think of it, I remember I was like that in my mid-20's too. A time may come when that same job you love so much does nothing for you except drain your soul. It may be hard to see now, but in 10-15 years you just may wish you had been way more productive with your money at your current age.

[Anonymous No.14046976]

>>14046612
Any debt? If so, pay it off. Otherwise, practice investing with small amounts you can afford to lose. Start buying small amounts of crypto, precious metal, and ammo, as protection against unexpected hyperinflation.

[Anonymous No.14047344]

>>14046960
what do you think i should do? live a little more? travel?

i don't plan on starting a family because I hate children and have lots of growing up to do still

[Anonymous No.14047383]

>>14047344
keep it in a 0 interest checking account and let inflation eat away at it

[Anonymous No.14047404]

>>14047383
well interest will inevitably rise to 2% or more again so I don't really give a damn about losing $450 in value annually as long as i know my money is somewhat safe

[Anonymous No.14047429]

>>14046923
My new car doesn't even come with a CD player anymore so what good is buying cd's, besides everyone has Spotify these days and I doubt cd's will increase in value like say records

[Anonymous No.14047446]

>>14047429
certificate of deposit

[Anonymous No.14047636]

>>14046612
Buy my shitcoin OP