Hello, absolute retard here

Hello, absolute retard here.

I want money, but I can only invest about 500€.

What buy. I know nothing about finance, business, or crypto or whatever before .

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Other urls found in this thread:

investopedia.com/terms/p/price-earningsratio.asp
marketwatch.com/investing/fund/VT
thebalance.com/warren-buffett-90-10-retirement-strategy-4159839
twitter.com/NSFWRedditVideo

get fucked

Pokemon cards.

Allow me to add:
-I dont mind waiting
-Im willing to add about 200€ per month
-Im only investing money I dont need so its not like is gonna ruin my life if I lose it

follow the smart money user

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Nice graphic! FLETA is actually a very smart move

Blessed poor retarted user. I started with that and now I have much more. Start with investing in index ETFs. See if there is one right for you. The money is kind of like playing a game instead of practicing. You will learn more this way. For example I think the s&p is way overvalued right now. I think this because I was comparing p/e to historic price to earnings. This is the most basic valuation for stocks. Start with some entry level shit on investing websight. investopedia.com/terms/p/price-earningsratio.asp

The biggest thing to learn is money always loses value, but no one ever went broke making a proffit. Take an econ course online for free. Its interesting stuff. Expand your knowledge. See if you can get a bank account to beat inflationary. Make a concrete goal. Like for example this year I started a new way of investing and trading. I wanted to beat the s&p 500, while maintaining a relatively low corelation to it, and not buying something that is so overvalued it could drop in a few days. Just start somewhere and learn something new every day!

I feel like Im way too dumb and unmotivated to learn all that stuff.

Is there a way to make investing automatic? Ive heard robo advisors do something like that.
Also I wouldnt mind dumping a couple hundred in crypto just in case. I know what happened to bitcoin (massive MASSIVE increase in price) is not gonna happen again, but who knows. If I were to buy crypto, which one should I get?

As you see Im not interested in learning about economics or finance, I just wanna dump my money and see it grow.

user this is perfect! What country do you live in, and what currency do you use. I use about half euros half usd. So my goals are a bit different, and my strategy has a bit more of a focus on currency risk than some. Your mentality is spot on. I will have to rebalqnxe my portfolio soon but as far as my new strategy(strategy 1) goes, I'm long on ex(short for excluding) US energy, especially refiners. Xrx (xerox) ETFs for poland, austria, Russia, and the UK. I was debating adding in norway. My other long strategy is just s&p (an index fund for the top 500 companies in market cap). I am trying to get out of that in a strategic way, by investing more globally, although I will maintain a little of my s&p in the near term(checking it daily, but I mean for 1-2 years) the us stock market is in rough shape....

I live in Spain and I use €uros.
I literally dont understand half of what you said, just so you know the level of understanding and knowledge you're dealing with.

Yeah it can be a hobby for alot of people. I would assume variations in the market to get pretty wild. This is a risky time to invest. Perhaps you should put your money in VT (vanguard total world stock). Adopt a dollar cost averaging approach( dont buy it all at once, space it out over a few weeks with your 500, your 200 monthly is DCA by defult). Then you can get more advanced. Don't trust the robot advisors right now. Bonds are shit, especially bond funds, they advise you to buy them. Dont fuck with them as of yet. If you don't want to learn just trust me on this...

That's ok user. This has become my hobby. (Also im bot sure if I cant legally offer you financial advice without a license to do so in the US) but anyways. marketwatch.com/investing/fund/VT
This is suposed to represent the total world stock market. Find a broaker (the person who you buy stocks from) that has a low or no fee. Also expect some fluctuation. The important thing is that you don't shit your self and sell. Just keep adding money in.

ill only say it once

XRP.

Aight, and what about crypto, are they a meme? Worth investing even if a little?

how much gain in how long?

i only have coinbase.what else do need(wallet etc)?

what taxes are involved?

What about it?
I see the historic graph and it follows the same pattern as most 'dead' crypto I can see. Sudden surge and then it shits the bed. Whats supposed to be different about this one?

An ETF or exchange traded fund, is a mutual fund designed to be bought and sold on an open exchange (like the new York stock exchange). I am not sure what exchanges you have access to but I'm sure you can find this or similar. A mutual fund is like an etf, but you can't sell it on an exchange. They usually have a minimum amount you have to buy (like $3000) but you can add any amount after that (for example $50, $ 27.94) where as an ETF you have to buy it as you would a stock. Save crypto for later. Its risky AF. VTI is popular in the US as well. So is VOO (a fund designed to replicate the performance of the top 500 US companies based on the market cap(the value of the shares that can be bought and sold in the us, so that is to say the largest 500 companies). The s&p 500 (wich again just think VOO) comprises of abour 80% of the stock market. And the medium and small cap (the other 20% according to this index) have alot more risk associated with them.

Damn. Its really hard -next to impossible- to get involved in this stuff without really knowing about it, right? Makes me feel kind of hopeless desu

You would need to watch your ass every day for crypto IMHO. I'm long on constelation dag, btc, and eth. They are EXTREMLY RISKY" investments ". I wouldn't touch it u till you have atleast 10k stacked and are willing to basically gamble. thebalance.com/warren-buffett-90-10-retirement-strategy-4159839

The truth is people can beat the market
Most wont.
The 10% in short term bonds he recommends are for emergencies. They hardly ever beat inflation.

Just sign up on Robinhood and buy Tesla stock

Nah bru. Dude read that article. Just buy a total world index, and put your $200 every month into that. Chill on it for 10 years. This will either 1 cream your robot advisor, or 2, your robo advisor will advise the same thing. You may want to look at just a developed market ETF. I'll look for one rn that you can buy in Spain. Can you tell me the name of where you plan on purchasing these stocks?

I did the same with just American stocks and I started when I was 16. By the time I was 21 I doubled mu money. Exept I added exactly $0. Easy as that. I cant promise you will do any better or worse. But this is a safe and easy solid bet.

Literally put 3k into voo. That was it.

I did almost the same you did with bitcoins, this year I had a blast because I started putting $200 every month from May and you can see the graph, all up until first week of december!

Your strategy is spot on, but you need to know something about finance in order to make a nice amount of money. Otherwise you can invest in safer assets who can grant you a lot less but you will be sure to have some returns.

I will use bitcoin as an example because this year I invested only on crypto markets: I was looking almost everyday twice a day even if I was playing very long. Very volatile goods can make you rich but they can also make you very poor and lose your stuff because of debt.

Im gonna be honest with you, Im kinda getting scared with all the technical terms.
I feel like an idiot for considering investing if I know nothing about it and I dont have the will or patience to learn about it.

Fuck this guy. Seriously. You will lose a fuck ton of money. Play it safe play it cool. If you can sign up with TD ameritrade, Schwab, Interactive Broakers, you can just buy VT. (I recommend Interactive Breakers). Set a limit order and you are golden. Your in it for the long haul. Ignore the dips and massive gains. Just add your $200 for like years. Don't sell. Don't stop. No matter what. Then come back in 10 years and shit on atleadt half of /smg/.

Then just listen to my post retard

0.x.M.R. and FARM

sir

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you need two things: a robinhood and coinbase account
join
dot
robinhood
com/vladisk6
free stock
coinbase
com/join/kokhan_9j for an extra 10 for free. Dont say I never did you any favors op

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