I will soon come into possession of 50k euro. It's a decent amount in my shithole. Unfortunately no one teaches kids here about compound interest and investing, so people grow up illiterate in those matters, your truly included.Now, I work and make enough for pretty much anything I need. I don't have loans, mortgages, credit cards. I own my home fully. I have a car and don't care about a new one desu, so I'd never spend money on that. What should I do with the 50k? What would you do? Is it worth investing spme or all of it and in what? I thought about spending several thousand on travelling business class around Europe for a couple of monthd and seeing a bunch if countries I've always wanted to check out (before you sperg out, business class is very cheap cross continent in the EU). Other than that I'm open to suggestions.
>>>/biz/
>>532894501use 25k for the down payment on an apartment, and become a landlord
>>532894637This guy is not talking nonsense.
>>532894501>50kYou can now afford all 40,000 Warhammer’s and still have a remaining $10,000 left overNice flag btw. U from Burgas?
>>532894501in your situation i would take probably 25-35k of it , invest it, smartly, dont put all of it in one place. you could do what the other anon said buying an apartment, although that can turn into a big headache. the remainder i would use to go on a nice vacation like you said.
>>532894599Fuck I thought I was on biz. Janny don't hurt me plz, this was an honest mistake.>>532894637>>532894759Pretty good idea.
Invest in a high quality luxury car and do a land journey around Europe, Asia, the Middle East, and India, staying at the most luxuriant hotels and visiting he priciest spots. After experiencing the world and all it's wealth, then the correct answer with what do with your wealth will arrive. You may have figured by then it isn't worth it to pursue "wealth"
>>532894599/biz/ will just tell him to invest in some jeet shitcoinI dunno how yuro investing works but index funds are a good place to put money and not have to think about it. You won't get as good of a return as individual stocks but you also don't have to micromanage it and pay attention to whether the ceo ripped a fart on the quarterly call and sent the price plummeting to figure out if you're gonna be on your assAny more advanced investments like property or precious metals i have no clue
>>532894501Buy BNB. Just trust me.
>>532894501Spend 5% of it on ISO 20022 aligned crypto currencies. Hold them in a cold wallet. Wait until the financial reset. Be prepared to watch the rest of your money get liquidated by the banks and be prepared to to have the most money you’ve ever seen in your life a second time once you see the value of your iso tokens post flip.
>>532894501Get physical silver coins and hide them very well.
>>532895246BNB is not terrible but it’s not going the way of QNT, Algo, and X currencies.
>>532894501Stock market is in a bubble.If I were you, I would sit on it, and invest after the crashOr alternatively, if you have enough income, put a down payment in a houseI would also set 5k aside to for self improvement. I would attempt to improve my social skills by offering that money to easy women and prostitutes
>>532894501>unused 50kbuy an apartment for passive income through rent. you will thank me in 10-15 years. you're welcome.
>>532894501High End Hookers and Drugs. Yolo.
>>532894637This
>>532894501Put all your money into shitcoins from random pajeets. Better yet, stake it in some jewish scam like kasu. They'll totally give you your money back and then some.
>>532894501you need to find an apreaciable asset to store that 50k untill you want to use itif i were you i would try hairbrained shcmes and maybe buy watches gold is at an ATH the stockmarket is fucked in totality remember if you BUY at a HIGH then over 40 years it will compound but at a staggareingly slower rateits like 5-10% yoy AVERAGEDIF YOU BUY AT A HIGH you get like 3% get it out of money asap make it non liquid if you cant find something with a return over 2-3% just put it in your bank (lol) diversify you want a ton of random junk that is going up in value that you can preferably enjoyif your houseing market isnt in a complete bubble its not a horrible idea to use it as collateral on a seccond home for rent or future sale ecti would buy 1 busniness class flight if you really enjoy it the investments will let you buy many more later the game is so unbelivably beyond over at this point spend your 50k wisely hookers and blow is not as insane as it sounds given the state of the global economy lmfao
>>532894501> I don't have loans, mortgages, credit cards. I own my home fully. Good job! Keep it that way.> What would you do? 50% MSCI world15% tech ETC15% physical gold & silver10% emergency stuff, upgrading equipment, maybe gun licence + gun5% cash5% reward yourself with something nice. Maybe a vacation in Budapest or Iceland doing spa stuff or something
>>532896281I don't have loans, mortgages, credit cards.so both you and he have no idea how finaces work understood....if you dont have loans and credit cards you are scamming yourself
This post doesn't belong on/polRetards
>>53289450180% VWRP20% goldLeave it and chillYes the stock market is in a bubble, but that's the case most of the time. If you leave it, it usually goes back up.
>>532896385True. Any self respecting grifter/capitalist is full on credits ,loans and bankruptcies. It's the only way to function within our capitalist shit hole system
>>532894637this, jewmaxx
>>532896281>>532896385you can get 0% interest credit cards with rewards....free shit unironically like fucking air miles he could get a first class flight with daily expenses why would you not loan against those investments if you belive them to be good investment';syou are litterly getting cucked by inflation for no reason rich people litterly loan against the stock...
>>532894501You could invest in Counter Strike skins that would be worth 10x-20x in 5 years.
>>532894501You spend it all in drugs and prostitutes.
>>532896385Maybe a Jew would do that. My understanding was that he was looking for opportunities to put away that 50k Euro inheritance, or whatever it is, and not how you can squeeze the neoliberal lemon a bit more.
>>532894501>I thought about spending several thousand on travelling business class around Europeyou stupid nigger. just go interrailing an fuck mutt whores. business class flights are retarded on anything under 5 hours.
>>532894501Buy a couple of gypsies and pimp them out for steady income.
>>532894501If you are in a shithole - you are almost guaranteed to get screwed over if you invest.If it was this easy to get money flowing from west to shithole countries - people would be doing that in hordes.But rich countries are almost exclusively intrading. And don't let wealth leak where it has no business being.
>>532896831im just saying thats how the game is played im poor as shit but that is how you do it not haveing loans and credit cards means you are financially illiterate unironically over the course of a lifetime a credit card can make you 50k no problem loans are the only way to even exist in the world even billionares take loans for litterly anything they want to do its just how the game is played *dont get a loan to buy some pice of shit car thats going down in value thats retarded*if you get a loan to buy a car it costs you on the loan and on the car if you bought gold with a loan 6 months ago you made like 3k on a 10k loan.... thats free money
>>532894501>50k euroThat's enough for 1 stick of 8 GB RAM.
>>532895283>silverThey will tarnish. Unless those are hermetically sealed in blister packs or .925 sterling, they will become worthless, because nobody will buy silver without an assay certificate. This is especially true for gold; Lord knows how much gold is just plated tungsten.>>532895644>alternatively, if you have enough income, put a down payment in a houseThis is mildly better, but not by much as you have to pay the loan, taxes and insurance, plus maintenance.Unironically land would be better, and also if you planted trees for lumber, but then some greenfags will get mad because some owl lives there
>>532897095Literally nobody cares about tarnish on silver, just leave it on.>nobody will buy silver without an assay certificatelol, lmao even
>>532894501you could send me 1k to start a youtube chanel documenting chudah's global eventseach week ill find somewhere new were nothing has happend and post it on a members only website ocasionally apu will show up but only if something happens
>>532894501>what doshort term bondseverything else is too risky
>>532894994>/biz/ will just tell him to invest in some jeet shitcoinThis.>I dunno how yuro investing works but index funds are a good place to put money and not have to think about it. You won't get as good of a return as individual stocks but you also don't have to micromanage itAlso - This. If you're not learned in the ways of how to put savings to work to make them grow, then when you get a big smack of money landing in your lap is NOT the moment to start experimenting.I'd set aside 10k purely in savings, just as an emergency fund to fall back on if you ever end up in a problematic situation where you're suddenly faced with a large expenditure. This could also be a fixed-term deposit which typically give you higher interest, but in that case you want to read up on and make 100% sure you understand the penalties for early withdrawal - because that's how they screw you on those types of deposits. (Banks operate different models of these. Go for one which has a fixed-term non-withdrawal of a year to three years, and free withdrawal after - if you can.)Then take 35k and go with an investment into an index fund. Don't freak out if your stock ever goes down. It will fluctuate. Just let it sit and do its work for a few decades. The index fund will manage it for you and it's in both your interests that they don't screw up.The last 5k? Go nuts. Luxury vacation. Live. Enjoy your boon a bit before you're sent back to the daily grindstone to ruin more of your life on it.(And remember: work to live - don't live to work.)
>>532897070> get a loan to buy a car... bought gold with a loan 6 months ago you made like 3k on a 10k loan... thats free moneyLoans are there for productive investments with limited risk, not consumption or pure speculation without risk limitation.Fucking Jew.
>>532898346im obviously not jewish or i would have interest free loans out the whazoo but i agree start an LLC for risky loans lol
>>532894501Buy as much land as you can for the money, then go about your business for 20 years. Dont forget to enjoy yourself and bring joy to others, many do.
>>532894637a bit risky. He might as well invest in mid-risk ETFs... then he doesn't even need to worry about tenants and repairs and might turn a bigger profit25 grand is nothing for real estate... might not be enough for a down payment. And he'll be in debt for like 10 years... but then the house is finally his, only then he's the true owner and can start keeping his full rent income which will be about 500 bux a month depending on what he invested inRetards think being a landlord is good investment. It's safe, ONCE you own it, not before... brick will always be real unlike stocks that evaporate. But ETFs mitigate the risk. Just because BlackRock prints 1 billion dollars and outbid people for an entire housing complex doesn't mean you can do the same with just a bit of savings... they can absorb risks, you not so much
>>532894501>what should I do with 50kBuy property anon, seriously. I don’t know how it works in your country specifically but the idea is you buy a shitty little house nearby and use part of that 50k as a down payment, then you finance the rest, and rent the house to some other anon. The renter pays the mortgage for you so it’s free property in your name as long as you have a renter. Add another 100$ or whatever on top of rent and now you’re actually making monthly income(this isn’t necessarily the goal though). The goal here is to have property in your name without paying for it. The property itself will appreciate in value over time so when you get ready to sell you can make money. Since you have a good chunk I would repeat this as many times as you can. For instance in the US with 50k I would look at properties that are 100k or less, I would then go to a bank and get a commercial or investment loan (banks call it different things but it’s the same loan type) they require a Down payment of 20% so max I would need to put down 20k. The monthly payment should be a few hundred, let’s say it’s 500 dollars a month. Then I would charge 800 or 1000 dollars for someone to rent it. Now not only do I get the property paid for but I’m making 300 or 500 dollars extra a month just for my troubles. As you add properties to your portfolio you’ll hit a critical mass where the bank will essentially give you a loan without a down payment, here in the US that might be a total valuation of a million dollars. It’s a very Jewish thing to do but it snowballs quickly and you just need the initial seed capital to kick start it.
>just buy the top of the housing bubble
>>532898695This anon gets it. But the key factor here is you want to be able to charge someone else to use the land. Here in the US people do this for hunters and ranchers. So if the land is useful in some way other than for housing my process still works but it might take longer to find “renters” if you go this route. The goal is to get someone else to pay the bills on that land for you so you’re not out any more cash than it took for the down payment. >>532894501
>>532894637this
>>532899042he doesn't live in our countries anon, apartments are cheaper, and less risks of getting bad tenants where he lives
>>532894501put 49K into an index fund and forget about ittreat yourself with 1k. New clothes or whatever.
>>532894501I made 500$ today on the stock market, just give me the 50k and I try to double it for you ;)I know a stock that went up 25% in 10 days.
>>532897095>They will tarnish.protip is to put silver in an air tight container. It will prevent the tarnish.
>>532894501My father taught me.Buy real estate.If you ever sell a property, it’s only to buy another one.
>>532894501Buy landGrow paprika Become King Paprika Rule with Paprika Fist Pimp Paprika whoresExpell the Kikes
>>532894637It's a good idea but depends on he location, like...It could be in the middle of universities, close to a hospital or near the economic zone of your cityYou will have to walk a lot, talk and pretend to be a rentoid
>>532899042>brick will always be real unlike stocks that evaporateyou would be surprised, a decade ago almost all houses lost 90% of their value compare 2008 prices (bubble) to 2015 prices (bankruptcy) and people were killing themselves over this
>>532894501If you believe in the AI boom you should invest it in. SK Hynix. SNDK, WDC, GLW
>>532894637if you dont do this you deserve to be poor>>532894759
Have fun, buy some movies on dvd, buy a round of drinks for the boys. Money comes and goes but you’ll never regret a good time with your mates.
>>532894501Look into Index funds.As long as you plan on leaving the money for more than 10 years, it is relatively secure. This means you need to shift it out if planning on spending it soon.Definitely make sure to look into this, thoroughly. You can waste a lot of money not getting this right. Index funds are relatively low effort (check local tax regulation).
>>532899284>Buy property anon, seriously. I don’t know how it works in your country specifically butThen don't advice to do it.Local tax legislation, local legislation around how mortgages work, local legislation around landlording and tenancy, all vary and can *wildly* impact at which levels such a scheme would or would not be profitable - not to mention how much effort it would take to make it so and how much risk would be involved in keeping it so.
>>532894501Immediately, put the money in a reputable bank with a sustainably high interest rate. Keep it there until you figure out what to do with your money. >>532894637Landlording can be profitable but I don’t recommend it unless you educate yourself first. Figure out if you are the type that can deal with tenants. Some jurisdictions are horrible for landlords (such as as NYC) some countries have horrible tax laws regarding real estate investments. Furthermore, each property needs extensive evaluation for profitability. Something a Hungarian should keep in mind is that the population is in steep decline, so anywhere outside a city center could lose value as time goes on.
>>532894501>It's a decent amount in my shithole.>shitholeIngratitude is the root of all evil. You haven't seen anything, be grateful.
>>532894599biz will tell him to invest in some jeet shitcoins. The largest shitcoin scam was a literal jeet scam from Romania (jeets / gypsies) that stole several billion $ in shitcoin. He doesn't have an experience to recognize good ones from 990 shitcoins.
>>532894501>>532894637>use 25k for the down payment on an apartment, and become a landlorduse 25k for the down payment on an apartment, and become a landlord This, OP. Don't spend all your money, spend half. $25K if you can buy an apartment is a decent investment. Try to run it and see if you like it. If you get lucky then you spend $25K on a second apartment , and retire.
>>532894501Quit your job and neet for two years
>>532894501>What should I do with the 50k? What would you do? Is it worth investing spme or all of it and in what?Wait until the next crash and put it all in SOXL or TQQQ if you're a pussy
>>532894501I would just put it into an index fund, or maybe give it to charity
Index funds sound nice for 10+ years, but it seems I can't buy them directly and need a broker? That's immediately sus to me.
>>532909752Real estate, gold, and 5G stocks. All other answers are wrong. /thread
>>532894501Barrick Gold Corporation
