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/biz/ - Business & Finance


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9551184 No.9551184 [Reply] [Original]

Just got my first job and next month I will receive my salary ($500).

I live with my parents so I almost have no expenses, what can I do to invest this money or increase it?

>> No.9551206
File: 41 KB, 641x530, 78e392bebb1c2cb4d567855e3fe9381b.jpg [View same] [iqdb] [saucenao] [google]
9551206

>$500

The fuck you live anon? Venezuela?

>> No.9551251

>>9551206
South America, actually one of the best countries from the continent but still a shithole.

>> No.9551294

Bump?

>> No.9551362
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9551362

>>9551251
Put it all in DERO and forget you have it for a year, thank me when it hits $100.

>> No.9551373

>>9551184
Buy chainlink

>> No.9551396

>>9551362
>>9551373
No cryptomeme, please.

>> No.9551397

Unironically chainlink, just look at all the fud it got lately

>> No.9551412

>>9551396
Buy high, sell low. Never change, biz

>> No.9551473
File: 33 KB, 286x400, 1521287275282.jpg [View same] [iqdb] [saucenao] [google]
9551473

>>9551396
You're not really going to see much for gains on $500 if you invest in anything else anon, putting it on the stock market you're going to get raped in trade fees by your broker and the most you're going to see is double your money over months to years if you're lucky.

Sorry anon, but simple fact is the amount you're dealing with is too small to show good returns unless you're in a high risk volatile investment like crypto

>> No.9551559

Your only option is Bitmex.
Trade with high leverage and hope for the best.
You will lose the money, but at least you tried.

>> No.9551577

>>9551251
Chile?

>> No.9551624

>>9551473
What about old school investing like buying shit and selling it?

>> No.9551742
File: 392 KB, 1080x1062, 1519298928777.jpg [View same] [iqdb] [saucenao] [google]
9551742

>>9551624
not only do you need to have the eye for undervalued merchandise but you must possess the ability to sell somebody their own shit at a higher value than its worth.. skills not everyone has