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/biz/ - Business & Finance

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1823453 No.1823453 [Reply] [Original]

I have $1000. It's not much, but it's a lot to me at the moment.
Where should I invest it and why?

>> No.1823458

Ethereum

>> No.1823460

>>1823453
non-gmo seeds and bullets

>> No.1823464

>>1823453
*bloody tampon long braaaaaaaaaaaap*
>"He he sorry Anon I'm on my period."

Save your $1k.

>> No.1823473

>>1823453
If you definitely want to keep it, put it in a CD.
If you can stomach a little more risk, bond ETFs.

CDs are backed by FICA, so you won't lose your money unless the apocalypse happens. If you might need access to that money, CDs will be more liquid too.

Bond ETFs will give better returns, but they aren't backed by FICA. They're also slightly harder to sell (you might have to sell at a loss).

>> No.1823476
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1823476

>>1823453
ETH. Thank me later.

>> No.1823482

>>1823453
Invest in dat assssss

>> No.1823492

>>1823476
how do I get eth right now I only have 20 bucks in paypal

>> No.1823508
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1823508

>>1823473

What? FICA? You mean FDIC bud...

CDs are not more liquid by any means. 98% of bond ETFs can be sold on the open market...CDs typically have a maturity date, and if you sell (brokered cd) or redeem (bank cd) before that date, you will have a penalty/capital loss.

CDs are paying next to nothing, if you want any sort of return that is relatively conservative, I would say look at short to intermediate bond ETFs

>> No.1823512

Buy PLX, it will be your best investment. By christmas you will have 5k+

http://seekingalpha.com/article/4048023-protalix-biotherapeutics-new-institutional-ownership-swells-ahead-major-catalysts

>> No.1823600

>>1823512
PLX will be bankrupt in literally 3 months

>> No.1823615

>>1823453
Just invest in VTI.

>> No.1823625

>>1823453
You should buy the snap ipo and dump it at 10% gain. Then go to SLCA to get oil/material gains.

>> No.1823717

>>1823600
What do you recommend I invest in?

>> No.1823722

>>1823717
I second Ethereum. I just bought some for 15.11 today and it's already above 16

>> No.1823750

>>1823722
I'm a noob to crypto, actually I'm pretty much newfriend to business in general, but how does this work? You invest in a crypto currency and then what?

>> No.1823755

>>1823750
I just barely got into stocks in general a week ago.
Just go sign up on coinbase and buy your ETH then get the ETH wallet and move your money there.

>> No.1823784

>>1823755
should I link my bank account or card?

>> No.1823792

>>1823784
Either one.

>> No.1823795

>>1823792
alright my dood thanks
let's see if this shit really does hit the moon

>> No.1823843

>>1823625
Snap IPO looks disgusting

>> No.1823845

>>1823453
ATGN BOSC ICPW

>> No.1823859
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1823859

ethereum, to the moon or suicide B0YZ

>> No.1823862

Invest in yourself.

$1000 is not enough money to """invest""" in any meaningful way to make a return.

Even at a 1000% return you'll have $10,000, which is still basically nothing.

If you want to invest in stocks or various other market assets, wait until you have $1000 per week/month available to invest

>> No.1823949

Buy some ETH!

>> No.1823957

>>1823453
A suit that you can wear to job interviews. 1K invested isn't gonna keep the heat on when you're old and gray even with Soros levels of prescience.

>> No.1825341

>>1823453
If you want long term returns- Btc, Gold. Short-medium term- Iconomi coin.
Eth is a joke.

>> No.1825521

>>1825341
Gold? you are really recommending GOLD for LONG TERM RETURNS?

fuck off

>> No.1825531

>>1823453
put it in bitcoin if you want something safe.