Investment suggestions
Imagine you would have $10K to invest, how would you invest it (crypto, stocks, etc)? Interested to hear what you all think is the way to go.
Imagine you would have $10K to invest, how would you invest it (crypto, stocks, etc)? Interested to hear what you all think is the way to go.
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I’m just a noob (aka just an incoming college freshman) when it comes to investing but maybe commodities since food prices have been increasing during corona (CPI for food skyrocketed while US CPI in general went down during corona). I’m just speculating but I think that the transition into the school year (late August to early September) would be a good time period to trade in commodities. Prediction on how commodity prices will react: students on campus will probably stimulate local businesses (delis and restaurants), increasing demand for commodities. But with problems in the supply chain for food imports, prices will increase. Of course if it is possible for there to be a quick recovery and travel bans are lifted, then the increase in the supply of food would naturally fulfill the demand, demolishing the rising commodity prices. My reasoning is probably bs and I haven’t really done any research so treat this with one cent instead of two.
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