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/biz/ - Business & Finance

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2799792 No.2799792 [Reply] [Original]

Advice please, what in you're opinion /biz/ is the best way to turn $100 into $1000? I see people on here talk about 100k as if it were chump change i assume some are larping but for the most part everyone is knowledgeable and even helpful.. Not asking for a 10 step plan or investment advice. Just want to know how YOU did it. I'm going to school for business soon and I'm not hip to the lingo completely but any words of wisdom would be much appreciated.

>> No.2799796

>>2799792

buy a low cost vanguard or fidelity target fund for the date you turn 65

also abrzx

>> No.2799837

>>2799796
Going to Google those terms. But i have 0 experience when it comes to investing and it seems like the learning curb is quite high.

>> No.2799852

>>2799792
No one here has any money, all LARPers. Shitcoins are the new penny stocks for people too dumb and poor for the stock market. The exception is BTC but smart money bought years ago and is just holding for probably several more years.

>>2799796
$3k minimum for Vanguard. But this is the best answer.

>> No.2799861

>>2799792
Short ETH

>> No.2799866

>>2799852
I figured as much but thank you. I'm just looking to turn some shit around financially and any advice helps. It's just so deep that idk where to start.

>> No.2799876

Think of the 24 hour news cycle, how seemingly every day there's a new "breaking story" that carries just as much weight as yesterday's breaking story. Finance forums such as this one will constantly be under a barrage of manufactured stories otherwise there would be nothing to talk about.

Tldr; invest in proven indices and hold. If you want to gamble go to Las Vegas, at least you get free drinks when you blow your life savings there.

>> No.2799915

>>2799792
>>2799866
I actually have some money. The best way to turn 100 to 1000 is to buy some asset that will enable a side job. Buy some tools and fix things for people on the side. Make (((jew)))lry and sell it on etsy. Buy a pressure washer and spray peoples houses on the weekend. Buy a ladder and clean old peoples gutters. Once you get 1000 reinvest into something bigger, or open a brokerage account somewhere and drop the money in an etf or mutual fund.

>> No.2799917

>>2799876
Good analogy, thank you.

>> No.2800722
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2800722

>>2799792
Buy bitbean

>> No.2800749

drugs

>> No.2801458

>>2799792
The EASIEST way is to get a fucking job.