/biz/ - Business and Finance

Working for very stable employer. Maxing out employers SIPP(UK fag). I want to retire at 55.

Nothing… no job ATM…sucks ass

Selling weed, not earning too badly

NEET

>>1

Nothing so far, just been losing my car crash money on the stock market. I'm effectively useless as a money maker right now. Horrible health, mental issues thanks to my upbringing, kinda friendless neet (taking 2 classes at uni though)

That's why I'm here. I want to find a hustle

>>1
enlisted in the US Navy.
getting ready to sell some dogecoin

Working.
Currently taking home around 110K from my dayjob

When my Uncle died, he left me ~250K
I've had it in a savings account earning around 1.1% for the last 3 years. I add 10,000$ to it yearly and I have around 290,000$ in the account so far.

I'm open to suggestions on how to make more out of it.

>>192
If you had invested that in the S&P500, you'd be up to ~400k. If you'd invested it in even the barest 60/40 stock/bond allocation, you'd still be over 300k.

Head over to bogleheads, and get that money working for you. At 1.1% interest, it's LOSING money to inflation.

Granted you are a high income earner at 110k/year, but FFS, why are you so stupid? Are you saving it for downpayment on a house? 3 years LATER?

>>193
Sorry, I meant, head over to the bogleheads wiki and start learning about portfolio allocations, then head over to (preferably) Vanguard.

Why Vanguard? Cause they won't jew you like every other organization, because when you own Vanguard funds, you OWN Vanguard. It truly has a fiducial responsibility to you, and low cost index funds are the order of the day.

>>193
I'm a rookie. If I invest in S&P, am I risking anything? Is that a fluctuating stock?

>>199
S&P 500 is an index stock: you can't buy it like you would buy Apple or GE stocks: what you can do is to invest IN the stocks listed in the index.
After the correction that happened a few weeks ago, and with the Dow Jones that crashed 220 points yesterday, there's something bigger going on behind the scenes.

I personally avoid blue-chips because the HFT's (high frequency traders) create a holographic liquidity: they bombard the stocks with a lot of 100-share blocks and behind the scenes the institutional traders bank on options because of the immense leverage that is permitted there. The smallcaps and microcaps I operate in are safeguarded from these mongoloids because these HFT's/institutional traders who effectively manipulate the prices in largecaps; it's about the most real experience of the stock market.

I traded bluechips from the S&P 500 during earnings month (mid-end October) and I remember exactly when Apple should have risen above in price on 19th October (everyone was sure that their earnings report would be gold) yet the options traders used HFT's to keep the price of Apple stagnant because their options would have become worthless soon. I made money trading a block of 10k shares, but that was the point where I got sick of them and never looking at such stocks ever again.

Using my time at university to avoid work while spending almost all of my free time building up a CV.

I say that. I'm actually wasting a lot of it doing nothing, but I am building up my CV before my graduation this summer coming and am on track for a General Electric internship position.

Just working this 8-5 (accounting) and investing in my self getting professional certifications. Investing money for retirement as well.

>>26
you'll alright, anon

Being friendless is nothing to be ashamed of. A lot of successful people are. I find most people annoying and I'm relatively successful.

Index futures anon. Can leverage the hell out of your investments if you know what's coming down the pipe. Shit's so cash.

self employed freelancer, $150/hr, around 150k CAD/year

22 year old dropout

being an ebay/amazon jew. working as a delivery driver. Also being a full time student