How do I turn 150k into 5 million?
How do I turn 150k into 5 million?
Colton Long
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Brayden Sanders
Suck my dick
Thomas Walker
Put it all in VTSAX, set dividends to reinvest, contribute $40k to it every year for the next 30 years.
Alexander Jenkins
Buy LINK
Charles Brown
*My bad, it's $30k a year for 30 years, $40k puts you at over 6 million.
Luke Rogers
Buy buttcoin
Carter Bennett
VTSAX is nectar from the gods. I have it in my Roth and Taxable
Nathaniel Rivera
What is the difference between vti and vtsax?
Bentley Murphy
buy diagon
James Taylor
VTI is an ETF, VTSAX is a mutual fund. Identical holdings.
William Price
> How do I turn 5 million into 150k?
Chainlink.
Isaac Collins
Ahhh ok thx. But wouldn't vti be better since it pays dividends?
Carson Evans
Just buy AVAX and wait one year, faggots
Asher Ortiz
They have the same dividends and expense ratio. You can buy either one, just look up the differences between an ETF and mutual fund.
Jordan Phillips
Put in VIDYA and QNT
Ian Young
Thx
Eli Robinson
This, both are capital gains free and only pay dividends
Andrew Kelly
do u think its worth it to put 150k into vtsax? 150k is a relatively small amount. should i try to trade to get to 300k then dump it in vtsax?
Grayson Kelly
Buy kneepads for 150k blowjobs
Charge $33.33 per blowjob
Easton Allen
Only trade what you're willing to lose. Statistically retail day traders do much worse than index investors.
Josiah Diaz
Yea that's a good point I might do that. Should be a good time to do it too markets looking shaky
Alexander Fisher
10k link
Nathan Mitchell
Buy LRC now. Before it moons. Mooning tomorrow by 5-10x. Screencap this
Sebastian Russell
I'm going to assume you inherited the money since you don't know much about investing. Just buy VTI or VTSAX, set dividends to reinvest, then don't look at it for the next 20 years. It will be up and down, especially in the short term. Just pretend it doesn't exist and get on with your life, then enjoy the gains when you're older.
Cooper Bennett
All-in Curio(CUR)
Cooper Rivera
Buy $Power .76 low marketcap. Easy 10x
Liam Torres
I didn't inherit the money, I have it saved from working. And yes I'm a retard. Thank you the candid advice
Austin Carter
Good for you user, that's very impressive. I highly recommend reading this series to get your fundamentals down:
jlcollinsnh.com
It's the same advice you'll get in any index investing book, but just free and online.
Enjoy the decades of compounding gains, and make sure to keep adding more every month to dollar cost average as the market moves.
David Bailey
If you keep adding to it, it'll be 500k before you know it. Just keep adding to the pile and don't sell
Jeremiah Price
>don't sell
I should have mentioned this too. Do not sell, just keep accumulating through good and bad times.
Robert Russell
Who wants to live that long?
Jordan Anderson
I want to live forever