srs replies only
i know but i need more than a measly 5k for surgery. i need to invest this money and 2x or 3x it.
You won't x2 or x3 time it safely. This would be considered gambling. Also, with inflation and rising interest, all the growth stocks are worth way less. Those are the stocks that can grow massively. I would advise r/wallstreetbets if you truly wanna gamble on the stock market.
5k isn't much, I would set some aside for living expenses until you get a new job and look into a sidehustle or something where the rest of the money can at least gain you some sort of income meanwhile. Idk what your current skills are or location so it's hard to answer
because i'm an incompetent retard drug addictWhy did you get fired bhai
If you want to go stocks, buy TLT and ZROZ, wait for market crash and VIX to go above 40, then slowly buy stocks
Welcome to the got fired from your job club.
www.barrons.com
This is old news btw. I would say currently to just cash out your investments , and consider long term puts on either semiconductor stocks like amd or nvidia , or banking stocks.Welcome to the got fired from your job club.
A bit in crypto, maybe 100-200$ max, and the rest in either cash waiting for things to change course, or an extra 300$ in some meme stocks like AMC/GME/BBBY for extra roi, or you could just do some blue chip names if your not as risky.
Some bullish news is Bank of England is gonna buy bonds again, meaning they capitulated and turned the money printer on again. Now whether this can halt the slam in the global markets and america ( as its currently off still the money printer ) remains to be seen. Market might speculate that QE is gonna occur in like 6 months again and rally from pricing in the future.
What the Bank of England's Emergency Move Means—and Doesn't—for Fed Policy
Markets rallied on optimism that the BoE's emergency action means the Federal Reserve won't get much further in hiking rates. Don't bet on it.
As for any particular cryptos, the coin LUNC , luna classic , appears to be hot. Its been consistently top 10 for several months on webull, and top 5 on binance for a while.I invested at the 0.00009-0.00012 avg entry level. Speculation is binance is expected to burn up to 2.5-3 Billion a day based not the 0.1% daily volume burn tax, but given the fact VIP traders that generate most of the volume are likely not paying less then a 0.1% burn tax, the overall amount might be 0.7-1.2 Billion, which could disappoint the markets and it may go down some after that. But if binance decides to burn extra like some of their own bag, which is possible as they own like half the supply, price could pump more.
The people expect it to moon a lot as the burns accelerate, reducing overall supply.
invest a part of it and get another job in case you fuck up so you don’t end up homeless
