guys im not joking. what do i do with 150k if i want to be rich?
Guys im not joking. what do i do with 150k if i want to be rich?
Donate it to your local church and be rich in God's grace.
Hold link, but you won't because you're fucking stupid.
Same, it's all in stonks and index funds.
fag
Hold ETH and Polka, nothing else...
which ones breh
Hold Bitcoin, nothing else...
Buy some RSR.
30% gold/silver bullion and paper, 30% crypto, 30% gold and silver miners, % 10% Fiat for expenses. Short the USD
All in LINK
Start a small business from something you are good at/know well.
I'm at $1MM. Most of it is from work.
My advice would be to put most/ all of it into a VERY well-diversfied stock portfolio and/ or passive index funds. And then just be patient. Don't try to time the market or stock pick too much (there's a 95%+ probability that you're not smarter than the markets). My portfolio:
> 74% stocks/ index funds
> 10% real estate (my home)
> 6% crypto
> 10% cash (want this to be 0% long term)
I will probably put 3-5% into gold/ gold stocks soon for diversification.
but 150k is nothing
How old are you? I think $150k is a lot of money if you're young. Don't underestimate compound interest. Most middle class wagies don't even have $150k to invest when they're in their 30s.
im 32
I have 140k in boomer index funds and 10k in crypto. I guess not too bad for being mid 20’s familia
Nothing special, vanguard shit. It's after tax money I'm holding onto to do something with just not sure what and just trying to keep up with inflation for the time being.
>vtsax
>health care fund
>tech fund
>generic reit fund
oops replied to myself
$150k is not bad. If stocks return 10%/ year on average you will double your money every 7 years. And on top of that there's the money you save (and invest). Don't forget that money grows exponentially over time.
It obviously depends on how much you save, but you could be at $300k in 4-5 years. That's $21k-$30k/ year (7%-10%) in passive income for "free". Not too shabby.
It's fine advice, but you won't get rich doing this. 1 million is also 'nothing'
What the fuck is compound interest you fucking boomer. Name a fund that provides interest rates worth a flying fuck
$1MM is lunchmoney compared to the average user on this board
thanks bros
Nice. Outside of inheritance fags, very few people have that much in investments in their mid 20s.
This. Real interest rates are negative
so what then?
Buy real assets. Gold bitcoin land