Best way to make money investing in stocks as a beginner?

[Daqirius]

I am Going to be inheriting 30k next week and was wondering if anybody can give me tips on investing it towards the stock market

 

[randomuser2407]

Step 1: Get 1 small loan of a million dollars from your rich father

 

[Deleted member 6128]

30k is too small for quick money from the stock market hop onto crypto or actually start a scalable business

 

[AscendingHero]

30k is too small for quick money from the stock market hop onto crypto or actually start a scalable business

If he gets into crypto what should he do?

if 30k is small then im fucked

@Korea gtfinh bro

 

[Korea]

If he gets into crypto what should he do?

if 30k is small then im fucked

@Korea gtfinh bro

He's kinda wrong tbh. 30k is more than enough to make sizeable returns.

If he's asking what to do with the money, the only suggestion is to tell him to learn about investing.

And definetly not crypto, investing isn't intended to be a get rich quick method.

 

[AscendingHero]

And definetly not crypto, investing isn't intended to be a get rich quick method.

What is then? i just need a few tens of thousands of dollars right now for looksmaxxing

and then im set tbh.

He's kinda wrong tbh. 30k is more than enough to make sizeable returns.

Indeed

He's kinda wrong tbh. 30k is more than enough to make sizeable returns.

If he's asking what to do with the money, the only suggestion is to tell him to learn about investing.

And definetly not crypto, investing isn't intended to be a get rich quick method.

Should he do stocks or crypto do u think, let's say someone has 4k?

 

[Korea]

What is then? i just need a few tens of thousands of dollars right now for looksmaxxing

and then im set tbh.

Stocks is meant to be a long term, and stable way to retain and steadily grow wealth over years.

When most people think of investing, they're actually thinking of "Day Trading" or "Options Investing".

Those are the only way you're going to get rich overnight in stocks, and they're both extemely volatile and not for beginners.

You'll lose everything overnight.

Should he do stocks or crypto do u think, let's say someone has 4k?

Stocks over crypto any day for me tbh.

 

[AscendingHero]

Stocks over crypto any day for me tbh.

And your reasoning?

 

[WhiteGoodman]

i just need a few tens of thousands of dollars right now for looksmaxxing

Not gonna happen buddy

 

[WhiteGoodman]

And your reasoning?

Crypto is a ponzi scheme

 

[Korea]

And your reasoning?

Way too much shit going on.

Stay away from anyone who recommends crypto to a BEGINNER LOL

Crypto is a ponzi scheme

^^^And This.

 

[Deleted member 6128]

He's kinda wrong tbh. 30k is more than enough to make sizeable returns.

If he's asking what to do with the money, the only suggestion is to tell him to learn about investing.

And definetly not crypto, investing isn't intended to be a get rich quick method.

30k isn’t enough imo especially if ur a beginner with no experience or know anything of the stock market.

Honestly OP should invest that 30k into an online business could be literally anything from Saas to something simple like an agency

 

[Deleted member 6128]

Stay away from anyone who recommends crypto to a BEGINNER LOL

Crypto is ironically the fastest way to double money you own

 

[Korea]

30k isn’t enough imo especially if ur a beginner with no experience or know anything of the stock market.

Honestly OP should invest that 30k into an online business could be literally anything from Saas to something simple like an agency

Not enough for what? I have no clue how you think 30k isn't enough.

If he invested 30k into AT&T, he'd already be up $644.

30k isn't enough to be an accredited investor lol, so investing in a business is out of the question.

Crypto is ironically the fastest way to double money you own

Not when you have no clue what you're doing.

 

[Deleted member 6128]

Not enough for what? I have no clue how you think 30k isn't enough.

If he invested 30k into AT&T, he'd already be up $644.

30k isn't enough to be an accredited investor lol, so investing in a business is out of the question.

Not when you have no clue what you're doing.

Idk I just feel 30k isn’t “safe” enough for the stock market it really isn’t with crypto but the return rates are ridiculous.

Honestly he should go the business/self employed.

I doubt OP has a stable good paying job yet

 

[eduardkoopman]

I am Going to be inheriting 30k next week and was wondering if anybody can give me tips on investing it towards the stock market

you'll lose first.

 

[twosigma]

Daytrading doesn't work and people end up losing money.

If you want to spend hundreds of hours reading balance sheets of small to mid size companies go ahead and do that to find good deals, if you just want to put money in and get returns buy some shitty ETF (still better than daytrading)

Also options generally have a negative expected value so don't even bother buying options (and go watch Patrick Boyle on YouTube instead)

 

[Daqirius]

Daytrading doesn't work and people end up losing money.

If you want to spend hundreds of hours reading balance sheets of small to mid size companies go ahead and do that to find good deals, if you just want to put money in and get returns buy some shitty ETF (still better than daytrading)

Also options generally have a negative expected value so don't even bother buying options (and go watch Patrick Boyle on YouTube instead)

Have you found any success in those areas?

 

[twosigma]

Have you found any success in those areas?

I make a living off finance, if you want to get rich you should probably do what investment banks and institutional investors are doing (instead of copying people with $235 in their Robinhood account)

 

[SPFromNY914]

I am Going to be inheriting 30k next week and was wondering if anybody can give me tips on investing it towards the stock market

IMO I would start a business not do stocks yet you still have time

 

[Chinacurry]

If u have 30k windfall and I guess also a decent job for cashflow, don't put more than 5-6k into crypto and of that, 3-4k should be BTC and ETH stable shit

 

[AO77777]

Invest in s@p500 do not buy cryto it is like a coin toss controlled by the top 1% of holders who can make it move whenever they feel like.

 

[FrameMogger]

Based on current interest rates (which are pretty low) and high inflation, I would honestly recommend taking out a loan if you want to start a business and not use your inheritance money (make use of that free Fed money). Since the stock market looks like its in a bubble, I would recommend utilizing safe stocks based on gold and precious metals. But in the end I'm not an expert with stocks and would recommend doing your own research on how to best invest your inheritance.

But sure fire suggestions I'd give you.

1) try to play it safe and aim for returns that are a bit above the current inflation rate. The market is simply too volatile atm to invest in riskier stock options. Also dont go too heavy into crypto, only invest like 10% abs max in crypto.

2) Don't use your inheritance money to start a business. With high inflation and low interest rates, the fed is practically giving out free money so business loans would be smarter.

 

[Crusile]

Based on current interest rates (which are pretty low) and high inflation, I would honestly recommend taking out a loan if you want to start a business and not use your inheritance money (make use of that free Fed money). Since the stock market looks like its in a bubble, I would recommend utilizing safe stocks based on gold and precious metals. But in the end I'm not an expert with stocks and would recommend doing your own research on how to best invest your inheritance.

But sure fire suggestions I'd give you.

1) try to play it safe and aim for returns that are a bit above the current inflation rate. The market is simply too volatile atm to invest in riskier stock options. Also dont go too heavy into crypto, only invest like 10% abs max in crypto.

2) Don't use your inheritance money to start a business. With high inflation and low interest rates, the fed is practically giving out free money so business loans would be smarter.

pls stop spreading misinformation about inflation https://looksmax.org/threads/inflat...unked-covid-19-was-a-economic-miracle.477351/

Inflation is NOT high and interest rates are low because inflation is not high

 

[try2beme]

Give it to me ill double it

 

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[eduardkoopman]

Give it to me ill double it

 

[eduardkoopman]

Give it to me ill double it

 

[kranerman23123]

people dont "make" an income from investing stocks unless they have millions of dollars of capital, people who make a basic living off markets are traders and they lose money for years if not decades before they develop a profitable strategy, and thats like living as a gambler.

 

[vrilmaxxer]

go to the fucking casino retard and play roulette