/biz/ - Business & Finance

[Anonymous No.24722713]

Hello, absolute retard here.

I want money, but I can only invest about 500€.

What buy. I know nothing about finance, business, or crypto or whatever before .

[Anonymous No.24722737]

>>24722713
get fucked

[Anonymous No.24722766]

>>24722713
Pokemon cards.

[Anonymous No.24722800]

>>24722737
>>24722766

Allow me to add:
-I dont mind waiting
-Im willing to add about 200€ per month
-Im only investing money I dont need so its not like is gonna ruin my life if I lose it

[Anonymous No.24722806]

>>24722713
follow the smart money anon

[Anonymous No.24722826]

>>24722806
Nice graphic! FLETA is actually a very smart move

[Anonymous No.24722842]

>>24722713
Blessed poor retarted anon. I started with that and now I have much more. Start with investing in index ETFs. See if there is one right for you. The money is kind of like playing a game instead of practicing. You will learn more this way. For example I think the s&p is way overvalued right now. I think this because I was comparing p/e to historic price to earnings. This is the most basic valuation for stocks. Start with some entry level shit on investing websight. https://www.investopedia.com/terms/p/price-earningsratio.asp

The biggest thing to learn is money always loses value, but no one ever went broke making a proffit. Take an econ course online for free. Its interesting stuff. Expand your knowledge. See if you can get a bank account to beat inflationary. Make a concrete goal. Like for example this year I started a new way of investing and trading. I wanted to beat the s&p 500, while maintaining a relatively low corelation to it, and not buying something that is so overvalued it could drop in a few days. Just start somewhere and learn something new every day!

[Anonymous No.24722891]

>>24722842
I feel like Im way too dumb and unmotivated to learn all that stuff.

Is there a way to make investing automatic? Ive heard robo advisors do something like that.
Also I wouldnt mind dumping a couple hundred in crypto just in case. I know what happened to bitcoin (massive MASSIVE increase in price) is not gonna happen again, but who knows. If I were to buy crypto, which one should I get?

As you see Im not interested in learning about economics or finance, I just wanna dump my money and see it grow.

[Anonymous No.24722900]

>>24722800
Anon this is perfect! What country do you live in, and what currency do you use. I use about half euros half usd. So my goals are a bit different, and my strategy has a bit more of a focus on currency risk than some. Your mentality is spot on. I will have to rebalqnxe my portfolio soon but as far as my new strategy(strategy 1) goes, I'm long on ex(short for excluding) US energy, especially refiners. Xrx (xerox) ETFs for poland, austria, Russia, and the UK. I was debating adding in norway. My other long strategy is just s&p (an index fund for the top 500 companies in market cap). I am trying to get out of that in a strategic way, by investing more globally, although I will maintain a little of my s&p in the near term(checking it daily, but I mean for 1-2 years) the us stock market is in rough shape....

[Anonymous No.24722926]

>>24722900
I live in Spain and I use €uros.
I literally dont understand half of what you said, just so you know the level of understanding and knowledge you're dealing with.

[Anonymous No.24722936]

>>24722891
Yeah it can be a hobby for alot of people. I would assume variations in the market to get pretty wild. This is a risky time to invest. Perhaps you should put your money in VT (vanguard total world stock). Adopt a dollar cost averaging approach( dont buy it all at once, space it out over a few weeks with your 500, your 200 monthly is DCA by defult). Then you can get more advanced. Don't trust the robot advisors right now. Bonds are shit, especially bond funds, they advise you to buy them. Dont fuck with them as of yet. If you don't want to learn just trust me on this...

[Anonymous No.24722966]

>>24722926
That's ok Anon. This has become my hobby. (Also im bot sure if I cant legally offer you financial advice without a license to do so in the US) but anyways. https://www.marketwatch.com/investing/fund/VT
This is suposed to represent the total world stock market. Find a broaker (the person who you buy stocks from) that has a low or no fee. Also expect some fluctuation. The important thing is that you don't shit your self and sell. Just keep adding money in.

[Anonymous No.24722979]

>>24722891
ill only say it once

XRP.

[Anonymous No.24722981]

>>24722966
Aight, and what about crypto, are they a meme? Worth investing even if a little?

[Anonymous No.24722987]

>>24722979
how much gain in how long?

i only have coinbase.what else do need(wallet etc)?

what taxes are involved?

[Anonymous No.24723005]

>>24722979
What about it?
I see the historic graph and it follows the same pattern as most 'dead' crypto I can see. Sudden surge and then it shits the bed. Whats supposed to be different about this one?

[Anonymous No.24723028]

>>24722966
An ETF or exchange traded fund, is a mutual fund designed to be bought and sold on an open exchange (like the new York stock exchange). I am not sure what exchanges you have access to but I'm sure you can find this or similar. A mutual fund is like an etf, but you can't sell it on an exchange. They usually have a minimum amount you have to buy (like $3000) but you can add any amount after that (for example $50, $ 27.94) where as an ETF you have to buy it as you would a stock. Save crypto for later. Its risky AF. VTI is popular in the US as well. So is VOO (a fund designed to replicate the performance of the top 500 US companies based on the market cap(the value of the shares that can be bought and sold in the us, so that is to say the largest 500 companies). The s&p 500 (wich again just think VOO) comprises of abour 80% of the stock market. And the medium and small cap (the other 20% according to this index) have alot more risk associated with them.

[Anonymous No.24723044]

>>24723028
Damn. Its really hard -next to impossible- to get involved in this stuff without really knowing about it, right? Makes me feel kind of hopeless desu

[Anonymous No.24723056]

>>24722981
You would need to watch your ass every day for crypto IMHO. I'm long on constelation dag, btc, and eth. They are EXTREMLY RISKY" investments ". I wouldn't touch it u till you have atleast 10k stacked and are willing to basically gamble. https://www.thebalance.com/warren-buffett-90-10-retirement-strategy-4159839

The truth is people can beat the market
Most wont.
The 10% in short term bonds he recommends are for emergencies. They hardly ever beat inflation.

[Anonymous No.24723076]

Just sign up on Robinhood and buy Tesla stock

[Anonymous No.24723079]

>>24723044
Nah bru. Dude read that article. Just buy a total world index, and put your $200 every month into that. Chill on it for 10 years. This will either 1 cream your robot advisor, or 2, your robo advisor will advise the same thing. You may want to look at just a developed market ETF. I'll look for one rn that you can buy in Spain. Can you tell me the name of where you plan on purchasing these stocks?

[Anonymous No.24723097]

>>24723079
I did the same with just American stocks and I started when I was 16. By the time I was 21 I doubled mu money. Exept I added exactly $0. Easy as that. I cant promise you will do any better or worse. But this is a safe and easy solid bet.

[Anonymous No.24723127]

>>24723097
Literally put 3k into voo. That was it.

[Anonymous No.24723141]

>>24722800
I did almost the same you did with bitcoins, this year I had a blast because I started putting $200 every month from May and you can see the graph, all up until first week of december!

Your strategy is spot on, but you need to know something about finance in order to make a nice amount of money. Otherwise you can invest in safer assets who can grant you a lot less but you will be sure to have some returns.

I will use bitcoin as an example because this year I invested only on crypto markets: I was looking almost everyday twice a day even if I was playing very long. Very volatile goods can make you rich but they can also make you very poor and lose your stuff because of debt.

[Anonymous No.24723210]

>>24723079
>>24723097
>>24723127
Im gonna be honest with you, Im kinda getting scared with all the technical terms.
I feel like an idiot for considering investing if I know nothing about it and I dont have the will or patience to learn about it.

[Anonymous No.24723216]

>>24723076
Fuck this guy. Seriously. You will lose a fuck ton of money. Play it safe play it cool. If you can sign up with TD ameritrade, Schwab, Interactive Broakers, you can just buy VT. (I recommend Interactive Breakers). Set a limit order and you are golden. Your in it for the long haul. Ignore the dips and massive gains. Just add your $200 for like years. Don't sell. Don't stop. No matter what. Then come back in 10 years and shit on atleadt half of /smg/.

[Anonymous No.24723223]

>>24723210
Then just listen to my post retard

[Anonymous No.24723231]

0.x.M.R. and FARM

[Anonymous No.24723243]

>>24722713
sir

[Anonymous No.24723252]

>>24722713
you need two things: a robinhood and coinbase account
join
dot
robinhood
com/vladisk6
free stock
coinbase
com/join/kokhan_9j for an extra 10 for free. Dont say I never did you any favors op

[Anonymous No.24723300]

>>24723141
This guy gets it.
>>24723210
Please don't sorry! Just buy VT (google it, and perhaps google how to buy a stock). You will learn this shit naturally. Go from there. Don't expect to get rich overnight. Don't even try to. Thats how people lose a fuck ton of money. Literally just buy VT. You will do at the very extreme worst, average. You will likely beat most professional investors. I find getting technical interesting....

[Anonymous No.24723311]

>>24723231
nope. 0xmonero is still vaporware bullshit
just like the last hundred times you spammed it
shut up
https://www.reddit.com/r/CryptoMoonShots/comments/i27fhk/0xmonero_summary_of_findings/

[Anonymous No.24723312]

>>24723300
And DONT FUCKIN TOUCH CRYPTO LIKE>>24723141
Said. Its not for you. Don't listen to the shills here they want to make money from scamming you. JUST BUY VT for now. You will do fine.

[Anonymous No.24723342]

>>24722713
https://finance.yahoo.com/quote/VT


Or maybe just get a robot advisor and cancel it if you want. They charge you, but it may buy you some peace of mind. Also it would give you some perspective( I hope I have never used one). Your local bank/uni may have better options for you so look into it.

[Anonymous No.24723366]

>>24722713
>social media talking about BTC
>DUMB MONEY FLOW INCOMIIIIIING

buy bonds, retard. or study the markets and practice for a couple of years like based retards do

[Anonymous No.24723409]

>>24723342
Im definitely gonna start with a robo advisor and see how it goes. As i get more confident (and hopefully I read and get a better understanding) I'll consider other options.

Thank you so much kind anon for all your explanation and efforts, I wish I was better at understanding what you told me, you seem like a cool dude who knows what hes talking about.

Love u.

[Anonymous No.24723420]

>>24722891
>I feel like Im way too dumb and unmotivated to learn all that stuff.
>but i want to get rich quick
this is why they tell you 95 blabla lose money.
get
the
fuck
out of here, its like south africa
tourists will be mutilated by pajeets i fucking warned you

[Anonymous No.24723448]

>>24723420
>but I want to get righ quick

Literally never said that.

[Anonymous No.24723478]

>>24723448
literally buy bonds then. What? Magic internet money pumping they say?
>oh well ill start slow
>then ill get 4 out of 5succesful trades
>jfc im a genius this is so easy!
>go all in
>get a rope

[Anonymous No.24723527]

>>24723409
Dude GOOD ON YOU! play it safe. Try to avoid bonds imho, and try to invest in broad indexes. They probably will advise you to do that. Dont get carried away with the chart that shows qqq going up alot. Use Broad total market indexes. You made a good choice anon. Robot /smg/ is your friend.
>>24723420
Also dude this guy is kinda right. Tourists will be mutilated by pajeets here. I didn't mean to spread too much fud, but he is right.

I am proud of you anon. I feel the love. Post results please. Dont get scared by the dips. I would be curious if you could show is what your robot advisor says too! Remember, this is a basket weaving form. If you took financial advice from it too seriously your an idiot. Don't get scammed by Indians. My basket weiving non advice is avoid bonds and avoid qqq and meme stocks.

[Anonymous No.24723538]

If you want to do good, invest in INJ!

[Anonymous No.24723570]

>>24723478
Kek. But I wouldn't advise bonds rn BC interest rates. My guess is the robot advisor wouldn't advise doing all bonds so op will probably turn out ok regardless. This is like one of those 1/20 year events that bonds could lose you money. But the amount they could lose you is still relatively small. So even if op gets robo advised to buy some bonds its safe enough insofar as he also buys non meme ETFs. I'm excited for op.

[Anonymous No.24723579]

>>24723527
Minimum amount was 500 so here I am

[Anonymous No.24723594]

>>24723579
Oooooooooooooooooo

( a money market account is like a bank account but they are not Government insured against losses. Usually they have higher interest, and usually it is less than inflation)

[Anonymous No.24723595]

>>24723579
And this is what it says about the distribution, my guess is its totally normal.

[Anonymous No.24723602]

>>24723579
Op respectfully, do you have all of your money in a money market account? What does that button say?

[Anonymous No.24723621]

>>24723602
Ooooooooooo what orders do you have?! I have literally never seen a robo advisor in action and they are more popular than advisors for younger folk so im super curious.

[Anonymous No.24723630]

>>24722891
btw ur robots are called algos. Algo trading. But,
are you really that retarded to think guys from institutions didnt implement those in their moves? Thats why you should always look at bigger timeframes. And im no expert in algo trading, but bigger timeframes are different so bots are not that efficient.
What ull get for free are indicator based algos. If you want something that will work, you hire a C programmer to build an algorithm based on your strategy, keep his contacts so he can release updates later. That wont be cheap and you need an experience in th first place
Ready-to-go bots are the same as signals. Will you trust your money to a complete stranger? And that wont be cheap either, i good bots cost 2-5k.

IMO the best thing dumb money can do is to pick a timeframe, lets say a year, and accumulate desired asset during that timeframe in portions at a set interval. So then, 1 year, 20k usd, 2 weeks. 26 portions in total. Every two weeks you buy some say btc worth of 770 usd
That way ull reduce the volatility influence its a fine investing strategy

>>24723570
>robot advisor wouldn't advise doing all bonds
tf? cant understand you. You dont need a bot to buy freaking bonds man, you can use the strategy from above if you want to. And i wouldnt be excited for someone whos planning on building capital via investing with no starting capital and no knowledge. I used to flip 200 usd accounts when i started yall know, cuz 200 usd was all i had. And i wasnt a newbie ofc. But if i were like op, by that point i wouldnt earn shit, why even bother

[Anonymous No.24723677]

>>24723579
oh god. good luck with that, i thought you were talking about mt5 bots and such

in my region brokers scam dumb money like that, except they dont use robots just advisors, "managers". Poor normies, sometimes really feel sorry for them getting lured into the fraud via ads and stuff.

also read about etoro, i`ve heard they are manage accounts with robots too, but .. fuck it, are you really so gulligible to think it will make you money? basic logic? no?

[Anonymous No.24723683]

>>24723621
Purchase order of the investment fund Axa WF US High Yield Bd_I EURH

Purchase order of the investment fund iShares Global Gov Bond Index_D2

Purchase order of the investment fund iShares North America Index_D

Purchase order of the investment fund Candriam Euro High Yield_I

Purchase order of the investment fund Robeco Euro Government Bd_I

Purchase order of the investment fund BNPP Sustainable Enhanced Bd 12M_P

Purchase order of the investment fund Amundi Index Euro Agg Corporate SRI_IE

Purchase order of the investment fund iShares EM Gov Bd Index_I2 EURH

[Anonymous No.24723697]

>>24723683
Well fuck theres way more of those but i got tired of copy and pasting, I hope it gives you a general picture

[Anonymous No.24723703]

>>24723630
https://www.investopedia.com/terms/r/roboadvisor-roboadviser.asp

In the US there is a standard foem you fill out and it allocates shit based on that. Basically most robo advisors would buy something like 90% voo and 10% bsv depending on shit. They are not to advanced. They may do some more advanced stuff but that is basically it. Even the most conservative robo advisors are unlikely to have you do like 100% bonds.

[Anonymous No.24723709]

>>24723683
Very interesting very cool anon! I would be curious to read more about robo advisors. Do you know how much is invested in bonds vs stock if I'm not wearing you out?

[Anonymous No.24723742]

>>24723709
I wish I could tell you but I have no idea. How can I know by looking at the purchase orders?

[Anonymous No.24723744]

>>24723703
i misunderstood you, ur talking about robot advisors, ive been taling about algorithms
Anyway its very shady IMO. And its not a good attitude to entrust you funds to anything not designed by yourself, if you are willing to progress and make bigger gains
of course that would require serious effort, time and some money to spare practicing before you become consistent. i`d aim for 2-5 years and 8-10k usd to comfy learn all the needed skills

[Anonymous No.24723766]

>>24723742
post funds allocation screen, your app should have one i think

[Anonymous No.24723770]

>>24723677
https://www.liberatedstocktrader.com/do-robo-advisors-beat-the-market/

Lol anon you had me scared for a second.

Also If you use Etoro I would think about switching soon as they charge a spread fee that's kinda high.

If op is actually investing like he said he is he will do. Better than most. (50% of Americans retiring haven't invested at all, but then again like 15% are by definition retarted).

For (you) (op)
https://investor.vanguard.com/advice/digital-advisor-details

Above is Something to consider later. Learn about what you invested in from your robo advisor! Its kinda fun imho. Learn about your robo advisor as well. The most important thing is that you started to save and invest so don't get too worried about it. You will continue to learn, grow, and prosper. Who knows, WWIII could break out and you would be lucky to have those bonds!

[Anonymous No.24723810]

If you are looking where to buy ETFs and similar look for Degiro. It's based in Netherlands

[Anonymous No.24723819]

>>24723744
As long as the broaker isn't sketchy its better than not doing anything, and better than crypto. Its also a chance for OP to see his money grow, and learn about stocks! At the very least he's not buying some overhyped bullshit this way, and I think if people see green when they invest they will start to save more.

[Anonymous No.24723853]

>>24722842
>

S&P is not overvalued, you have to compare earnings of companies to bond yields you can't just look at historic PE-ratios because if the stock market got too expensive you used to be able to dump your money in 2-3% yielding low risk bonds, something that is no longer possible.

[Anonymous No.24723874]

Im sorry friends I cant seem to find how my funds are distributed as of right now.

Is it a good idea to keep adding about 100-200 each month?

[Anonymous No.24723880]

>>24723853
Good advice anon. Will bond rates ever increase tho? Like what are we looking at? I'll have to look into this more.

[Anonymous No.24723881]

>>24723770
nah i dont use etoro. OP needs to remember about statistics; If your predictions are right (or for investors, if your timing is good) for more than a half cases and your reward:risk ratio is above 1, you will profit in a long run IF you stick to your strategy and dont change it. I`d even say OP should focus on stonks first, create a plan. His portfolios stocks to bonds ratios will change over time, he needs to learn how to balance it and reinvest capital not to rely on the bots all the time

>>24722713
https://www.khanacademy.org/economics-finance-domain/macroeconomics

economy course for you OP, it will help when you read the news in calendars
best calendars are on investing com and tradingeconomics websites IMO

also
https://drive.google.com/drive/folders/0B1s-Y597iYjabW5rZklPTzlpcmc
just keep the link, maybe ull decide to learn stock picking or FX swing trading one day

[Anonymous No.24723890]

>>24723874
100% a good idea. This is necessary.

[Anonymous No.24723927]

>>24723874
not necessarily a month, ive posted this above you should look
>
pick a timeframe, lets say a year, and accumulate desired asset during that timeframe in portions at a set interval. So then, 1 year, 20k usd, 2 weeks. 26 portions in total. Every two weeks you buy some say btc worth of 770 usd
That way ull reduce the volatility influence its a fine investing strategy

also you can try stock options arbitrage, its not hard to understand and is little risk (im not an expert, just know how and why it works)

[Anonymous No.24723938]

>>24723853
Like how would I measure the relationship?

[Anonymous No.24723945]

>>24723938
https://www.longtermtrends.net/

[Anonymous No.24723958]

>>24723927
Yeah or just split your 100-200 into two equal payments

[Anonymous No.24723980]

>>24723958
the key is consistency, defined interval.
im worried about taxes tho; maybe OP shouldnt even split it

[Anonymous No.24723991]

>>24723945
Thx anon. I'm tempted to start a Stock Newbie General. Or a crypto newbie General as a pajeets containment thread

[Anonymous No.24724001]

>>24722713
If you have friends, you could bulk buy weed then sell it off to them only. Double your money

[Anonymous No.24724003]

>>24723980
Damn. Just like as an accounting headache? Is it a problem in your home country? Im from the US and the only thing I hate more than the IRS is them knocking at my door and shooting my doggo.

[Anonymous No.24724021]

>>24722713
two options: BTC and SFT

[Anonymous No.24724043]

>>24723991
i dont like general threads to be honest, im too toxic to newbies as you may saw in my first replies.
>>24724003
i live in Russia, here you normally would calculate taxes with a formula (position close price*quantity)-(position open price*quantity) but im still a student so im kinda under cover. Dont judge me for not paying taxes bruh

[Anonymous No.24724044]

>>24724021
I dont trust you.

[Anonymous No.24724046]

>>24722766
Bro, I have a friend who buys cards from countries where they are out of fashion, then sells them in countries where they're in fashion. Mainly Dragon Ball Z but also pokemon, basketball etc. He makes fucking bank. Some cards 100x profit.

[Anonymous No.24724066]

>>24724044

Buy LINK

[Anonymous No.24724091]

>>24724066
I dont trust you either.

[Anonymous No.24724102]

>>24724043
Nice! I'm long on ERUS. Do you have any opinions on that? I didn't notice anything abrasive or mean with you. But then again I feel like if you are learning about basket weaving techniques all day you get used to it.
I was debating selling my ERUS because I was looking at corprate transparency issues in China ( I have exposure in my global ETFs). Should I trust what I am seeing. So far it has been a ridiculously good bet for me(erus)...

[Anonymous No.24724105]

>>24724066
I thought min spend is over 500 Euro

[Anonymous No.24724122]

>>24724066
>>24724044

Op is getting the hang of it!!!

And nice didgets... twice in a row. Thats like what 1 in 10000?

[Anonymous No.24724131]

>>24724122
Eh fuck I clicked the wrong reply....nvm but yeah op is still getting the hang of it.

[Anonymous No.24724164]

>>24724044
>>24724091
just write them down you can DYOR later here
https://www.coingecko.com/en/discover
if you need ideas; theyre just shilling

>>24724102
i can look, but Im not a fundametal trader. And I dont pick stonks, just indexes and ETFs, mainly in forex and CFDs

[Anonymous No.24724172]

>>24724131
Ngl crypto are tempting as fuck, specially those which are cheap dirt. I keep thinking 'eh I could spend like 50€, maybe with some luck I manage to gain x3 that amount', but then again I keep telling myself nothing in this world is that easy. Yeah sure, it happened with bitcoin, but most of us would have cashed out when it was at 3k.
Also it seems like a very time consuming investment, with constant tracking, and honestly fuck that.

[Anonymous No.24724180]

>>24724102
ETF CFDs*
jfc haha im retarded but uve got it

[Anonymous No.24724209]

>>24724172
Guide for shitcoin trading

1. Its all pump&dump scam. Embrace it.
2. See pajeets shilling scamcoin
3. If there was only 1 pump, buy
4. Transfer everything back to ETH with th next pump
5. Go into another pajeet thread
repeat till rich

[Anonymous No.24724225]

>>24724172
you'd be better off sports betting, easy bets only

[Anonymous No.24724231]

>>24724209
Seems like too much work, I think Ill stick to dump money into the robo advisor for now until it starts growing. Then Ill maybe consider stocks.

[Anonymous No.24724259]

>>24724172

Thats why you just buy link and forget about it and check in on it in three years.

[Anonymous No.24724401]

>>24724102
there will def be a dip, maybe even major uptrend downbreak 14-15 december
I`d be extremely cautios right now, monday can be a disaster. but on weekly chart looks good, 41.60 def achievable
I`d start to worry if it goest below 38 tho

[Anonymous No.24724467]

>>24722713
holy shit everyone in here is retarded.

You're not a trader, so you should be looking at things to buy & forget about. If youre a boomer, buy a total market index fund. if you want to actually make money, Bitcoin & LINK.
Buy regularly, dollar cost average in each week.
thats it. no timing the markets, no forex scams.

[Anonymous No.24724515]

>>24724467
>you should buy things & forget
>also bitcoin & link

Which one is it mate, because from what I can gater cryptocurrencies require constant supervision.

[Anonymous No.24724589]

>>24724467
thanks for summing the thread up, not retard

[Anonymous No.24724929]

>>24722713
Education would be a savvy investment.

[Anonymous No.24725187]

>>24724515
these are the two that dont require supervision. wait 5 years, boom, youre rich

[Anonymous No.24725217]

>>24722800
You seem like a nice guy, get yourself some xsn, it's good for you.

[Anonymous No.24725255]

>>24723005
because xrp to currency is html to internet

[Anonymous No.24725745]

>>24722800
btc then best for long term dca

[Anonymous No.24725783]

>>24725187
link is a utility token with no utility not durable for a 5y investment stitch

[Anonymous No.24726821]

>>24722713
Go to Vanguard and invest in whichever Target Retirement Fund matches your expected retirement date most closely. It's brain-dead simple.
https://www.bogleheads.org/wiki/Vanguard_target_retirement_funds

[Anonymous No.24726947]

BTC