Should i invest in gold ?(Or anything other)

[neonig]

Around 530$ i can invest

 

[Bishoplol]

Pointless. Once you start getting monthly income, you take a part of that income and invest that. That's called compounding. Investing these $530 won't compound shit and will grow to maybe up to $570 by the end of next year.

 

[neonig]

Pointless. Once you start getting monthly income, you take a part of that income and invest that. That's called compounding. Investing these $530 won't compound shit and will grow to maybe up to $570 by the end of next year.

So where should i invest

 

[Bishoplol]

So where should i invest

When you start getting income you can diversify however you want depending on risk tolerance. Too much stuff to write here so do your own research.

 

[000fifi]

So where should i invest

invest in yourself, save up and when you got enough spend it on shit that could increase your qualifications and land you a better job.
courses, education, maybe a degree.

 

[ilovearcherqueen]

Around 530$ i can invest

Investing in gold only for slow gains. You wont make much as its not volatile. Its good if u take a small chunk of ur wage and put it back in and maybe 5-10 years you can make shit ton. otherwise looks at other stuff.

 

[jgrey080]

Just buy and sell sex dolls

 

[idontlikemyself6]

Invest in hairyballs coin on solana

 

[ChudboreanNightmare]

put it into xrp or lcx. LCX is more short to medium term, XRP is more so of a long term hold. trust

 

[KeepCopingLads]

When you start getting income you can diversify however you want depending on risk tolerance. Too much stuff to write here so do your own research.

I'm planning to have long term investing money (10-20% of salary)
And playing money (for volatile stuff) (5≈%)

 

[Bishoplol]

I'm planning to have long term investing money (10-20% of salary)
And playing money (for volatile stuff) (5≈%)

For long term, low risk, just buy ETFs. You can also go for something much safer like bonds. They have lower returns but they’re mostly guaranteed since its backed by the country meaning the entire country would have to collapse for your bond not to hold. With “playing money” I recommend individual stocks you believe will go up. Analyze earning reports, news, etc and learn why and when stocks go up and down. If you cba to do allat, crypto is the way. Volatile but can be high return.

Super simplified version but if u personalize itll definitely work

 

[KeepCopingLads]

For long term, low risk, just buy ETFs. You can also go for something much safer like bonds. They have lower returns but they’re mostly guaranteed since its backed by the country meaning the entire country would have to collapse for your bond not to hold. With “playing money” I recommend individual stocks you believe will go up. Analyze earning reports, news, etc and learn why and when stocks go up and down. If you cba to do allat, crypto is the way. Volatile but can be high return.

Super simplified version but if u personalize itll definitely work

Yh I'm thinking of just doing VXUS and IJS
And playing money just crypto and individual stocks

 

[Chakras]

Did you not make the same thread yesterday?

 

[neonig]

Did you not make the same thread yesterday?

No it was another guy

 

[Afrab]

Yeah unironically. The Fiat currency is gonna collapse in 1-2 decades, you will need gold and/or silver to use when you want to buy something as money will be obsolete.

 

[OnlyWs]

Yeah invest it in gold bro

You’ll be able to buy a nice gold ant with that $500

 

[Wexilarious]

gold/silver is to have money that will never become cheaper

other shit is gambling