Took a loan from my 401k. What should I buy? Looking for a quick double. Was going to buy more KIN, but it already about doubled from where I wanted to buy.
Took a loan from my 401k. What should I buy? Looking for a quick double. Was going to buy more KIN...
How do loans from a 401k work? I mean do you have to make monthly payments to repay it? How long are the loans?
xrp
Ya it's taken directly out of paycheck, I'll pay about $100 a week for 5 years. And I believe you paying interest to yourself
>paying yourself interest
Kek based good luck with your 2x
Heroin is a good investment in places like Canada where all they got is fentanyl.
this
enjoy debt slavery
Is it really debt slavery when you've borrowed from a bank you yourself own?
You really took this money out with no plan of how to use it? I always figured such loans were either for a personal financial emergency or to make the down payment on a mortgage.
What a moron you are. Start slow with like 1k
If you can't turn that into 2-5k within a month then crypto isnt for you
Algo, xrp, and xlm
Wait for the Unn.Finance sale.
literally happening these days.
Lol here's my current portfolio, I'm looking to gamble this 23k basically
pic
I'm also not opposed to buying stock or options
The plan was to double down on KIN, but I didn't get my money before it started moving again
Unironically buy CLF or XRP. No better advice with come to you
The Schizo Stack:
80% XRP
10% XLM
10% ALGO
Unironically all in on $API3. Slick as fuck, $LINK killer and the price HAS to go up till the token distribution ends on the 14th. $1.35 now, will be $10 EOY
YFL is a guaranteed 2X by the end of the day tomorrow
Theres the airbnb ipo in a week or two although thats a bit risky.
RLR is at 8$ down from 16$ two days ago.
Just saw door dash doing ipo also dec 8. May go all in on that
ABNB is a "pandemic is over" play while Doordash is a "pandemic will continue" play imo.
Ya that's what I was thinking and people are getting used to it currently. Also low 2.5b evaluation compared to 35b for bnb. I may buy calls for few months out and expect it to do very well
Well why do you ask us then? I mean the fact you cashed your 401k is irrelevant, you're basically asking what you should invest in like thousands of posts here everyday
Buy CAP
YxY
I dunno if the option chain will be available at ipo time. Sometimes it takes a month or two. Should be fast for such a popular stock i guess.
Mostly to discover new crypto I haven't heard of yet, but most of the time people shill garbage
Corsair was pretty fast after listing. Still kicking myself over that one for selling early
Have you looked at it recently? Smg was going full pink wojak wave over CRSR the last 2-3 days.
I bought 650 shares around $15, and sold because I wanted into something else
All in BTC easy money
Also, consider selling covered calls/cash covered puts. Way safer than buying options and you have enough capital to wheel weeklies on a decent range of stocks.
Oof I'm 80%ETH 10%XLM 10%ALG
Be careful out there everything is pumped to high hell, YFI was 7.4k a month ago, for example. It shouldn't be difficult to 2x your money, but fuckin be patient and wait for the right opportunity to come to you, if you try to rush it you might end up killing yourself like I'll have to
>having to take a loan out to access your own money
Do amerifarts really do this