Hey guys - I am going to receive my bonus at the end of the month. My plan is to fully invest it to make more money. Any suggestions?
At the moment I plan to yolo 100% of it on Ethereum (and hold 3-4 years at least)
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Also note that I cannot invest in individual companies due to compliance etc
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Yoloing your entire bonus into ETH (obviously) seems overly risky. Why don’t you invest 20-25% of it in crypto and the rest into traditional investments? Know individual stocks are off the table but you should be able to invest in most mutual funds and etfs
That's not investing. That's gambling.
Agreed that's all crypto is. It's not a currency, just a speculative token
ETH ETH MOTHERFUCKER
get rich by continuing your finance career long enough to receive at least 10 bonuses, and invest them all into SPX ETFs.
Will be absolutely SHOCKED if this doesnt work
When I look at the S&P Graph, I don't know why but if feel it's a bubble ready to burst lol
ah yes, the ETH chart looks way less bubbly than SPX... lol
agree P/E is higher than it probably should be, but i think it is legit that many big tech companies are reinvesting profits in extremely profitable growth
Don't you think crypto will fall if the stock market crashes?
I keep my money in mutual funds as of now. Skeptical of crypto. Parents make six figures just off rent for their properties annually while taking a call maybe every few months from their tenants for a request. Probably going to go the same route eventually - long term investing in real estate (they lost a ton of money though on an investment that went sour so it's not perfect either).
I'm only an intern, but I am thinking about using proceeds from internship as a down payment on a rental property.
how many properties do they own?
And how did an investment go that sour.
Imagine thinking people in finance were smart with their money 🤦♂️
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