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

/biz/ - Business & Finance

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23179127 No.23179127 [Reply] [Original]

I have 100K sleeping in my bank account, what should I buy? I live in Western Europe and I'm 27 (single).

>> No.23179152

thats about 1000 hookers in eastern europe

>> No.23179161

>>23179152
I mean, investments.

>> No.23179185 [DELETED] 

>>23179161
>I mean
germanfag spotted.

>> No.23179215

>>23179127
link and bitcoin.

>> No.23179233

>>23179127
>Western Europe
>100k
You could probably buy a perfectly average garage?

>> No.23179239

>>23179127
Statera!!!!!!

>> No.23179276

>>23179127
Balanced portfolio of stocks to hold for 50 years.

>> No.23179277

>>23179127
Unironically, Link. Just sit on it, for a couple years, you'll make it.

>> No.23179288

>>23179233
you can buy a 9 sqm flat in paris for 100K
or a 50 sqm flat in sofia
or a 25 sqm flat in madrid

>> No.23179307
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23179307

>>23179276
>>23179277
>>23179215
at these prices?
everything seem overvalued...

>> No.23179326

>>23179307
Time in the market beats timing the market. Stop timing the market.

>> No.23179345

>>23179326
buying the top beats buying the almost dip?

>> No.23179361

>>23179307
Link will pull 150x until peak market. Your call, anon. If you think you're late in the game, yes, you're right, you are, and you have only yourself to blame for it. You can risk it on pajeet scams , hey, it's your money.

>> No.23179365

>>23179345
Correct

>> No.23179366

>>23179307
don't listen to those fucking shills
best use $5k to daytrade, save the rest
the market is not looking good for any kind of investment

>> No.23179382

>>23179345
The point is, you don't know if it's the top. If you're waiting for a dip, you miss out on the potential gains you'd have if you just bought now.
The #1 tip for investing is to invest what you can afford to lose and treat it as icing on the cake. No one trades or invests for a living. Focus on things that make you money, then put some of that into investments. Buy and hold things worth holding.

>> No.23179392

>>23179307

You are insane.

The Securities Clarity Act being signed will make this market erupt

>> No.23179404

>>23179366
To be honest, this. Im not a day trader at all but the current market is a day traders wet dream. volatility will continue as the pandemic keeps going on, and good news and bad news keeps coming out. im too lazy/pussy to daytrade though so i just buy and hold

>> No.23179410

>>23179366
I was hoping they could say something else than LINK, BTC and SP500 ETF...

>> No.23179412

>>23179345
If you're worried about market timing (its purely an emotional thing, applies to stocks only here) just dollar-cost your way, set a drip feed in weekly.

For some people this removes the emotional ball ache, cause yes, you could be on the verge of a correction or crash.

I wouldn't put all 100k in coins etc, but you might wanna put no more than 10% into some projects you like.

Boomer stocks bro, don't go robin hood on us.

>> No.23179440

>>23179366
>Just day trade bro

Statistically, a majority if of people lose money day trading. Retail day traders are almost exclusively dumb money who get fleaced. Not all of course, but that's what **they** want you to think. Be a good goy and time the markets!

If OP is asking for advice on where to put money long term, you can bet he isn't gonna be able to day trade...

>> No.23179460

>>23179440
I'm not interested into daytrading, just like I'm not interested into betting on soccer

>> No.23179465

>>23179127
let it rest in your bank account and don't take advices from anons on /biz/, get an actual financial advisor to tell you what to do if you're determined.
or you can go all on a shitcoin like a real man

>> No.23179484

>>23179460
Which country are u from OP. I'm UK and my boomer fund of choice is Fundsmith Global Equity.

>> No.23179490

>>23179127
But to be fair, 100k is not enough to buy anything that would really make a lot of money.
It is a nice insurance in case something goes wrong though.
Keep it and don't touch it

>> No.23179495

>>23179484
Mine is Greggs Sosij Rolls.

>> No.23179508

>>23179412

nobody on /pol/ talks about the actual merits of different coins or their technical advantages/disadvantages. why treat it like a gamble when you can make more educated decisions? crypto seems to reward trend followers and early adopters but you never know how long some coin is going to last. it's a game of chicken.

>> No.23179522

>>23179490
in Europe we are not living a zimbabwean inflation like you are living in the US

100K at 27 is good
nothing crazy but it's good

>> No.23179545 [DELETED] 

>>23179460
depends on your age and risk tolerance. I would put 5k aside as safe net. 85k into sp500 over two years. 10k into btc/eth/link.

>> No.23179551

I just put an order to market buy 1000 EUR of an ETF WORLD next monday

Seems the best choice to do... cryptos are too expensive for what they offer at the moment

>> No.23179563

>>23179522
US is living deflation currently bro.

The reason Europe isn't' getting super inflation is the long-standing lack of growth/wage stagnation and ofc, high taxes for the workers/middle class.

Not saying its bad, but it is why.

>> No.23179581

>>23179522
i'm french buddy. 100k here is good, but if you're going to try anything you're gonna be taxed to death.
Best to let it rest, you're rich for your age

>> No.23179614

>>23179563
400K per year is a middle class wage in LA/NY/SF

you are living african tier inflation

>> No.23179649

>>23179581
I'm from Spain, I don't know any guy of my age with this kind of money in my social circle, I'm just tired of seeing people saying they make 300/500/1000$ of monthly passive income and me seating on cash

Yet i don't like volatility, this money I earned it very hardly, I can't gamble it

>> No.23179680

>>23179649
You can try staking on crypto, you can make 5% a year, or 2% if you want to be safe.
Better than the 0.05% the banks here propose.
Your choice, I wouldn't do it though

>> No.23179700

>>23179614
I'm just saying the current inflation rate. The West is just as retarded on wages. Western Europe especially.

I'm not a wagie, so it hasn't impacted me as much yet.

>> No.23179724 [DELETED] 

>>23179649
put 40% into msci world and 60% bond etf if you don't like too much volatility. Consider buying link/btc to expose to more growth opportunity. Most importantly focus on how to earn more/continue and you will do well.
Lastly do something you can sleep well with.

>> No.23179730

>>23179649
Dont invest in crypto if you feel this way. However, you REALLY should not be holding this much cash because it makes you "feel safe".

Inflation is a form of taxation. Even if you get 5 year cash rate offers, you are still paying to keep your money "safe".

You need to look into buying a global tracker, or possibly something in Vanguard, take a look, take your time. By all means keep some of your money in cash with the best interest rates you can get. But cash is truely worthless, it has been since 2008 and now is astronomically becoming silly.

>> No.23179733

>>23179127
bitcoin

>> No.23179786

don't be a retard. stay in cash till stonks crash. then buy big bluechip stocks and BTC. winrar

>> No.23179805

>>23179786
>till stonks crash

Took 12 years after 08,
Yes bro, hold cash for possibly 12 years.

>> No.23179844

>>23179649
then buy Dividend stocks you fucking idiot, theres plenty of good blue chip stocks that yield from 3-7%

>> No.23179857

>>23179805
he is right you know, if you think you will be okay after a one month bear market... Yet I'm going to start DCAing next monday

>>23179733
I will buy one for sure but not at this price

>>23179730
we are in a deflation or inflation? you all say contrary things

>> No.23179876

>>23179127
i'm honestly glad i never been to one of these parties. you feel pressure to make a move but all the girls are in groups, which makes it easier for them to turn you down and feel smug about it

>> No.23179877

>>23179844
stocks offering 7% dividends are struggling to get investors and are, statistically, not very good investments because of capital loss in the long term

>> No.23179886

>>23179857
>you all say contrary things
WELCOME MY SON
WELCOME TO THE MACHINE

>> No.23179894
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23179894

>>23179876
in reality you just have to seat in the sofa and if you are attractive they will come to you

if you are ugly you won't even receive the invitation to join the party

anyway, normies are cringe.

>> No.23179910

>>23179127
Luigi.Finance

>> No.23179951

>>23179910
scam

>> No.23180048

>>23179127
$30K BTC
$30K ETH
$30K LINK
$10K XRP incase those schiozs were right or practice trading between LINK/BTC

>> No.23180072 [DELETED] 

>>23180048
40k msci world
20k msci emerging markets
20k link
20k cash

>> No.23180173

Convert it into tether, dai, usdc and earn 15% interest

>> No.23180180

>>23180072
stocks are only good for long-term DCA so just buy VGT weekly for the next 10-30 yrs
crypto is the golden ticket for short-term so you better have a suicide stack (1K) in LINK

>> No.23180189

Am a 26 eurofag in a very similar situation, I put 20% in somewhat stable cryptos, rest into PMs and calling it an investment.
Will enlarge position in PMs at every 3 paychecks and maintaining absolute cash number steady around 50k, ready to dump 20k into a possible catastrophic dip.

>>23179894
I went to a graduation party and they started putting "la macarena" and doing weird moves, was the only one on the verge of a panic attack on the sofa while they tried dragging me out of it, never again (not that I will have another opportunity lol)

>> No.23180200

>>23179857
The point is, all timing is crazy. Don't forget people put massive Puts after March crash down, and lost big time on a "obviously it will go down further" scenario. Nobody Fucking Knows.

Therefore your strat should answer accordingly, your should DCA in yes. But you should never ever, just "waiting till a crash bro", cause the best you might get is a correction, and they are easier to miss than you think.

It is deflationary currently as the Feds printer money isn't reaching the hands of many Americans until congress sorts its mess out. Presumably post-election. People don't understand how the FED works.

In the long term (we talking 5 years+) inflation is likely to be aggressive. As long as Money velocity couples healthy inflation (2-3%) and strong stocks will benefit from this. Just like in the past 12 years.

>> No.23180229

>>23180189
* rest 30% into PMs

>> No.23180303

dale a tu cuerpo alegria macarena!
eeeeeeeeeeeeeeeeeeeee macarena aaaaay!

>> No.23180313

>>23179127
10k€ that you share only on low mcap (under 20M$) shit coins. Better if they are available only on uniswap.

50k€ on 20-800M$ mcap

The rest on Monero, BTC, Dot, Eth

>> No.23180338 [DELETED] 

>>23180200
How will you invest during the next years?

>> No.23180543

Just average buy month after month into something you understand, don't invest in things that you don't understand otherwise you will do some mistakes

>> No.23180583
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23180583

Precious metals is not an investment. NIGGA

>> No.23180602
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23180602

>be 30
>always a cashman
>too ignorant to make something out of money that come to me
>have blown about 50K in "experiences & life"
>have about 60K cash
>& 174$ in BTC
>will be spending some on another more useful degree (Europe so not too expensive)
>have no idea how to into money
Am I destined to wageslave for eternity?
I am considering private retirement account to put most of it and let it stay locked till I am 65 (hopefully alive) to get them back.

What can I do or start learning to do?
(Btw I bought $250 BTC when it was 16K 2 years ago. Yes, I am that guy that bought high).

>> No.23180632

>>23179127
Spend it all on cocaine and heroin and alcohol

>> No.23180651

statera

>> No.23180766

>>23179161
Start an onlyfans for the hookers.
Ask them to send sexy photos of themselves and then post them on only fans.

>> No.23180807

>>23180602
just buy some stocks you pussy invest in companies that you like and only keep an emergency fund in cash or buy real estate if you live in the US it's pretty cheap there

>> No.23180973

>>23179522
100k (and no debt) at 27 is good too in the US.

>> No.23181100

>>23179649
>this money I earned it very hardly, I can't gamble it
Glad I earned my money through crypto and can throw it around

>> No.23181229
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23181229

>>23180807
Stocks during the pandemic?
Even if they are established companies Nvidia, etc for the long run?

>> No.23181447

>>23179649

Put it into Nexo and you can get 8% compounding daily on stablecoins (10% if you buy their dividend token). Basically risk-free, they've got insurance and are pretty well verified.

>> No.23181461

>>23179366
best response itt, uncertanity, world pandemic scare, elections in usa coming in hot, negros rioting, winter is coming, every single economy is hurting coz 2020 was a shitshow for almost every field.

entry right now looks like putting a hand into a tornado of knives.

>> No.23181631

>>23180602
just buy btc faggot
ath 2023

>> No.23181674

>>23179127
Property.

>> No.23181767

>>23181631
Buy more BTC?
I don't understand it, who "prints it " and when? Is it gambling? When will the next lift off happen?
How much should I buy? 500-2000K ?
When do you think it might reach 20K?

>> No.23181876

>>23181767
honestly just focus on coins that have been around long enough to have gone through market cycles and be more or less guaranteed to exist in the next few years with your indicators, historical data is far better than this board. For instance eth-btc always pumps in the first quarter, so it would be wise to swap your btc into eth before that

Also just look for an advisor like cowen if you want to be safe, you can afford it

>> No.23182838

>>23179127
let me cut to the chase here. if you're asking random anons on 4chan what to do with 100 grand. you arent going to make it.

>> No.23183518

>>23179551
buy larger parcels, man

>> No.23183553

>>23179345
implyng BTC has a top

>> No.23183618

>>23179127
There will be a "second wave" of covid in February/March, and Biden will coerce a national shutdown. Wait for this before investing

>> No.23183925

>>23179127
Dollar is unironically about to explode, hold and buy in February

>> No.23183948

>>23179288
I would buy a ship and take up piracy in the Mediterranean and the coasts of Africa, sinking migrant vessels along the way. In minecraft I mean.

>> No.23183961

>>23179127
I suggest a blonde. Those jewish girls are frumpy.

>> No.23184379

>>23179581
>but if you're going to try anything you're gonna be taxed to death.

you're going to not try to make more money because you would have to pay taxes on it? I hate the IRS as much as anyone but wtf

>> No.23184405

>>23179127
Wait for UNN (union) public sale.

unn.finance

>> No.23184408

>>23179910
This
>>23179951
You’re a scam you faggot

>> No.23184856

>>23179127
DCA into BTC and ETH, maybe gamble 1% on one of the daily 4chan shills.