Tell me how to smartly invest 10k

The Something Awful Forums > Discussion > Ask/Tell > Tell me how to smartly invest 10k

mystes: May 31, 2006

snowparty posted:

I guess I�m looking for a high risk, high reward way of investing. Otherwise it will potentially go to real estate.

Start reading https://www.reddit.com/r/wallstreetbets/ and trading Tesla options on Robinhood, but alternatively, now is definitely a great time to buy real estate!

# ¿ Jul 19, 2020 18:04

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# ¿ May 8, 2024 15:50

mystes: May 31, 2006

New Yorp New Yorp posted:

People always say that because they think the "risk" part won't apply to them, only the "rewards". Then they lose everything and regret it. You're better off choosing a less risky investment strategy that provides modest returns over a long period of time unless 10k is just a trivial, meaningless amount of money to you.

On the other hand, if 10k is just a trivial, meaningless amount of money to you, consider blowing it on something fun rather than "investing" it (unless you just enjoy gambling).

# ¿ Jul 19, 2020 18:23

mystes: May 31, 2006

OP, Bloomberg has a great article for you:

People Fear They�ve Got Too Much Cash in Their Bank Accounts

quote:

For a while, Brian Harrington, 28, had been satisfied with a high-yield savings account at Ally Bank, earning a risk-free 2%. Now, the marketing consultant in Anaheim, California, is planning to convert his remaining $15,000 in savings into bitcoin.

# ¿ Aug 2, 2020 18:42

mystes: May 31, 2006

Wisdom posted:

High Risk High Reward?

That would be the lottery.

Only if you take out a loan to buy lottery tickets.

# ¿ Aug 7, 2020 16:10

mystes: May 31, 2006

Airbnb and Doordash just IPOed. I hope you got in on it, OP.

# ¿ Dec 11, 2020 16:25

mystes: May 31, 2006

Fozzy The Bear posted:

If you had bought GME stock when you made this post, today it would be worth $758,536

There's still time to get in on GME while it's up!

# ¿ Jan 29, 2021 23:22

mystes: May 31, 2006

GoonInvestmentsLLC posted:

Goon investment advice explained:

Seraph84, looking at Dogecoin: “. . .”

Dogecoin, 24 hours later:

Dogegoons: "Well gently caress."

Meanwhile:

Goons when bitcoin is at $5 each: “It's a scam, it's a bubble, never invest in this poo poo!”
Goons when bitcoin is at $500 each: “It's a scam, it's a bubble, never invest in this poo poo!”
Goons when bitcoin is at $5,000 each: “It's a scam, it's a bubble, never invest in this poo poo!”
Goons when bitcoin is at $15,000 each: “It's a scam, it's a bubble, never invest in this poo poo!”
Goons when bitcoin is at $35,000 each: “It's a scam, it's a bubble, never invest in this poo poo!”

Seraph84 when bitcoin is at $255 and every day since: “buy and hold bitcoin!”
Seraph84 when bitcoin is at $40,000 each: “I just realized $150,000 in profit. Time to buy some Manhattan real estate.”

Never take investment advice from goons, unless that goon's name starts with Seraph and ends with 84.

With your ability to predict these trends, don't you think you should get a bit more leveraged? It seems like you could be making a lot more than $150,000.

# ¿ Feb 3, 2021 15:53

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# ¿ May 8, 2024 15:50

mystes: May 31, 2006

Did you just reregister under a different account again? LMAO.

# ¿ Feb 3, 2021 19:46

The Something Awful Forums > Discussion > Ask/Tell > Tell me how to smartly invest 10k