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/biz/ - Business & Finance

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15416788 No.15416788 [Reply] [Original]

Invest in index funds.

>> No.15416805

>>15416788
I'm not larping when I say this. I have about $250,000 just sitting in cash and it has been for about 1.5 years now. Call me a dumbass, sure. But I was waiting for a "recession" to invest in invest funds, as opposed to crypto. I feel like I'm losing money keeping this in cash every single day. What should I do OP?

>> No.15416814
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15416814

>30% index
>20% random stocks
>10% gold
>40% crypto

Reporting in sir

>> No.15416827

>>15416805
Find a high interest savings account. I get 2.75% with my bank.

Alternatively, if you feel like taking a slightly higher risk you could put that money into a stable coin and use something like compound, nexo, or celsius and earn up to 11% back on it.

>> No.15416838

>>15416805
Should've been selling puts the entire time you damn dodo.

>> No.15416840

>>15416805

If timing is a concern for you, you should dollar cost average (ie. Put in portions of your cash over time). It motivates any timing risk from buying at the top.

And yes, you are losing money by keeping all your funds in cash, not to mention depreciating purchasing value due to inflation.

>> No.15416849

>>15416840

Motivate should say mitigate

>> No.15416915

>>15416827
Hmm I have found a good high interest savings account. I shouldn't say it was just in cash. My money was in Coinbase and I was trading crypto with it, but only a very small portion of it, like $30,000. So I have made some money, but a huge chunk of it is just sitting there unused.
>>15416840
My fear is of a massive crash and /biz/ keeps warning me about this. This worries me and so I've just been keeping away I guess. I should really get around to start DCAing in I guess though.

>> No.15416919

>>15416805
Look at how much the s&p500 has gone up in the past 18 months, and a recession might not hit for another 18 yet, and monetary policy worldwide is gonna become so loose that holding cash is a bad move. At least get into bonds

>> No.15416955

>>15416919
Fucking hell I need to go figure this out. I'll see what I can get on Vanguard.

>> No.15416972

>>15416805
If you want to buy a house any time soon (or pay off an existing mortgage), that could be a good use of at least a large portion of your money. That would address your fear of a stock market crash, since the value of property isn't closely correlated with stocks. If you want to get into stocks after that, then dollar cost average like others suggested. Choose some amount (say $2,000) to invest on a monthly basis. That way if the S&P 500 drops 50% in the near future, you won't feel bad for putting in all your money at the top.

>> No.15416979

>>15416955
Use Schwab instead of (((Vanguard)))

>> No.15416983

>>15416972
No I actually own a house already. But I'm even MORE worried about a real estate crash. Is that not coming right around the corner according to /biz/ and every pundit out there? I know to DCA though. Thanks for the advice really even I seem to be arguing against it.

>> No.15416984

>>15416838
Yep. See, sometimes r/biz/ does give good advice. Start doing this now, >>15416805

>> No.15416991

>Vanguard index funds
Are these a guarantee win or what ? Why everybody shill this shit like it's the best investment out there ?
>Trying to document myself before putting my money on it.

>> No.15416999

>>15416991
Savings accounts are a "guaranteed win" too. What do you mean by that?

>> No.15417015

>>15416991
any overall market fund is a good investment, and vanguard is super low fee

>> No.15417020

>>15416999
idk I'm still a brainlet noobie but I know you don't make money by saving on an account because the interests gets fuckd by inflation.

>>15417015
thanks

I'll try to get myself involved in that but not sure if it's working here too ((France))))))

>> No.15417046

>>15416827
Savings accounts have a limit of guarantee if the bank fails (100k€ in Europe)
Don’t put all your eggs in the same basket and start value averaging some index funds if you really don’t know how to invest it. Money sitting in banks is dangerous

>> No.15417053

>>15416919
2018 Jan 26, sp 500 was literally higher than it is now

>> No.15417060

>>15416991
First thing learn about inflation and how it can fuck up your cash

>> No.15417069

>>15417020
dunno what the rules are for euros. but if you can use vanguard, something like 90% VTI (total stock market etf) and 10% BND (total bond market etf) is a good way to split your investment money. dyor and all that, but lots of people will make very similar recommendations.

>> No.15417073

>>15417053
If you think of cashing before 3/5 years, stock based index funds are not for you

>> No.15417125

>>15417073
The guy implying it's been performing better than cash over past 18 months is just delusional. I am hodling for similar period already, would buy more but the current tensions are scaring me.

>> No.15417133

>>15416805
Be fearful when others are greedy.

Ýou're one of those that will make it anon. Don't doubt yourself

>> No.15417145

>>15416979
Vanguard is literal the whitest, non-jewish company out there

>> No.15417149

>>15416915

Market recession is always going to be a concern. I will alway say /biz/ is not the best indicator for gauging market sentiment (I have found valuable advice on here on crypto - but would not value that as a long term investment)

At the end of the day, you need to decide what you want to do with your money.

What are you planning for?

Long term retirement? Then market recession shouldn’t be a fear if you’re playing the long game.

Need to make a large purchase? Your money is safest in a high interest bank account, or money market fund.

Want to make a quick buck? Try day trading and crypto, but before you go in you need to have a strategy and STICK to it.

>> No.15417169

>>15417149
>day trading crypto
that's a recipe to lose money no ?

>> No.15417236

>>15416983
If you already own a house and you have $250,000 in cash and, presumably, you have regular monthly income, it sounds like you're pretty well set, and I wouldn't worry too much about whether you're making optimal decisions as long as you're not making really stupid decisions.

>> No.15417267
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15417267

>>15416788
Nah nigga this shit finna crash. You really really want to exit traditional markets and get into crypto right now.

>> No.15417295

>>15417169
Yes, unless you have enough capital where fees and commissions and taxes won’t materially impact your bottom line

>> No.15417382

>>15417267
good luck investing in chaturbate tokens or whatever it is you're doing

>> No.15417411

already been doing this for years.

Only retards invest in fucking pepecoins and camgirltokens

>> No.15417460

>>15417382
>>15417411
You can invest in chaturbate tokens ?
I mean people are not gonna stop masturbate, seems like a good investment to me.

>> No.15417493

>>15417460
buy brap token sirs many vishnu for you if you do the needful

>> No.15417537

>>15417145
Owned by a jew

>> No.15417580

>>15416805
Buy gold stocks. Like fucking NOW