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File: 1680394354551232.jpg (207 KB, 1106x1012)
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I need some help /biz/. I inherited a couple thousand € and I'd like to do some medium to long-term investing with them. I'm looking at silver and gold prices and they're doing ATHs so that seems pointless. With the AI craze any american ETFs or stocks also seem like buying the top. That leaves me with crypto which seems to be the only under performing asset at the moment. Although I can't tell if BTC is still overpriced. At least LINK is super low but feels reckless to put this money into LINK. I also wanted to buy some XMR but the EU made it way harder to get my hands on some. Feels like the only reasonable choice atm is crypto or world ETFs, what do you think?
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>>61566647
Invest.
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>>61566668
invest in what?
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>>61566647
Long term gold buying physical backed security GBS.L here and up 130% and also hold and have held a lot of physical (I dumpoed a load of kg bars just before Christmas. You'd be nuts to buy physical goild or silver at these prices. You'd not sell it quickly at full spot price either and to get spot or above you;d have to deal with shit like ebay and private sales or actioneers fees which can be quite a cut. I can't tell you which way to go but right now probably stay in cash if your itch is too hard pick up 500 euro of link and sit on it. If you are not trading gold in a way that lets you buy and hold it tax free with no margin on sale you are screwing yourself. ETFs change a fee can be low down to 0.30% but it's there and again depending on where you are you will have brokerage fees and maybe capital gains tax on that which can be punative in some Euro counties. If you are trading it from a pension account then you often don't have that.


Remember if you make bank on e.g link that you owe the tax man and he can be soul destoying.

Sit in cash for a bit, often markets plummet and bit this time of year as stuff goes ex dividend.

Donlt dox yourself but difficult to give specific advise without knowing which nation you are in. Really a couple of grand is nothing in investment terms, ten grand is kind of very very minimum entry level.

TLDR stay in cash but buy five hundred quids worth of link if you have to scratch that itch. Remmeber what I said about ETFs they have fees and you may be better buying the dip and buying a couple of blue chips in energy or minding that pay dividends as dividend stocks tend to ride recessison better but you see that all depends again on how dividends are taxed for you. Most world ETFs have heavy exposure to shit like China and other regions that you may not want to have a toe in at all. A lot of people who had exposure to Russia got wiped out in 2022 for example
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>>61566738
alright, makes sense. Thanks for the help
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>>61566738
>"BUY MY SHITCOIN!" "LE HECKIN' METALS ARE REDDIT!"
>t. Link Bagholder.
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>>61566647
silver mining stonks
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>>61566647
China is using PMs as a passive aggressive attack on the US. Trump could respond by selling some of our gold reserves to buy BTC. This would cause btc to break trend and would grow stabilecoins (which buy us debt).

This is just a fantasy desu. Trump is a useless faggot who won't do anything unless his jew masters stand to profit.
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>>61566718
Yourself :)
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>>61566647
>With the AI craze any american ETFs or stocks also seem like buying the top.
Doesn't matter for longterm unless you think America will finally fall behind in the world market.
>I also wanted to buy some XMR but the EU made it way harder to get my hands on some.
Just use a DEX.
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>>61566647
>wanted to buy some XMR
>fiat-xmr
retoswap.com(p2p client for desktop)
>crypto-xmr
Trocador.app
KycNot.me
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>>61566718
Some American socks, some European socks, some Asian socks. A little bit of cash, a little gold and silver.

You'll be okay OP.
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>>61567106
>why isn't Drumpf retarded enough to buy my bags?



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