/biz/ - Business & Finance

ofcourse it is. stupid question. Possible market crash soon tho. But in 10 years you will have it all back so who cares.

>>12313770
>Invest in stocks
Nope, you can't just jump in & expect to know what to do...You will most likely lose it all through inexperience

>>12313806
I do not see an issue on this, I am not planing to day trade, just hodl it, never been a bad strategy, eh? Maybe buy some kind of ETF

>>12313977
>90/90/90 rule: 90% of the customers lose 90% of their money in 90 days
Enjoy

Deep State is Real
https://www.youtube.com/watch?v=r_YnW9CLB0M

I doubt you'll make more profit than the interest on your loan.

Instead of stocks buy crypto

>>12314027
I will have no interest untill I graduate

>>12314001
But but I aint no trader, not to overleverage and I shall be safe. Of course considering not to purchase some penny stocks

>>12314044
I have 2k€ worth of crypto atm, this should bring me nice returns considering im in tier 3 EU country

History repeats. Wait until stumps out the office.

>>12313770
https://news.slashdot.org/story/18/03/26/1929251/students-are-using-their-loan-money-to-buy-cryptocurrency-study-says
I also read something similar a decade ago, you're not the only one thinking of this "ingenious" plan

>>12313770
>>Hurr durr should I buy stocks before the recession
Fucking retard

>>12314102
Unironically, I take this as a sell signal. I saw something similar back in 2006-2007.

>>12314081
but orange man great

>>12313770
https://www.bogleheads.org/forum/viewtopic.php?t=5934

>Summary: Econ grad student applies Mortgage Your Retirement theory at the top of the last bull market, starting around 2x leverage, loses $210K of borrowed money, and is forced is to sell what's left of his portfolio at S&P 821 in November 2008. The complete wipeout results in a reflective period where he recollects the circumstances that led him to adopt this strategy, some of which will be included in a book. He spends five weeks in Asia and begins writing about how risk and progress can be framed. Returning to the US, he slashes his expenses, finds several ways to increase income, earns 914% on the IRBLTG Fund, and pays off all his high interest credit card debt. Net worth tracker continues to be updated.

>>12314102
I can't wait to see what happens to crypto in a recession.

>>12314113
Godspeed anon
Puts on everything

>>12314246
Were gonna get rekt fren

>>12313770
In principle it is not a great idea to deceive and steal from your parents. You're too young to know how to properly invest that money and will fuck it up.

>>12314261
Indeed, I think so too. Every major selloff in the real world resulted in crypto falling, so correlation is definitely there, but who knows why. My speculation is that it will tank when the recession comes, but I dare not speculate for how long and how much but I do think it will bounce back before recession ends. Just my two cents, but I'm really curious how it will unravel.

>>12314081
what do the axes represent on this piece of shit graph you absolute retard brainlet

>>12313770
>le edgy date ideas.
Boooooooomer rich guy here:
Keep the golden rules of biz in mind
1) Invest what you cant afford to lose
2) buy high, sell low
3) never ever listen to /biz/

You'll be fine

>>12313770
don't be an idiot

use your money to get a career, once you have the career you can invest excess income

it is literally foolproof unless you are an idiot. what you propose could basically ruin your life before it even began.

>>12314325
>don't understanding that simple graph
>calling others brainlets

>>12314271
Im pretty sure if I discuss this with parents, they will understand

>>12314405
I cant seem to find any down sides, If I will fuck up, I will just be a normie with a debt, like everyone else is. Also I question my university degree a lot, which I believe is unhealthy as well, not sure it is worth it. Maybe that's because in the US you are either in Ivy league or from some community college, but here it is different and nobody cares where are you from, as long as you can show some decent performance

>>12314458
>brainlet
It's not a graph if there are no units.

>>12314718
>I cant seem to find any down sides
>If I will fuck up, I will just be a normie with a debt, like everyone else is.
does not compute

being in debt is cancer, never ever do it unless you absolutely need to

if you can afford a down payment on your house/apartment, you now pay money toward your mortgage, effectively building your net worth - if you pay rent you piss the money down the drain

quick example:
paying rent in my area is about 1500 dollars a month for an apartment matching my own
my mortgage + real estate tax is roughly 1000 dollars a month

if I was in debt and couldn't afford my down payment a few years back I would be ~2500 dollars poorer than I am now, every single fucking month

t. 250k net worth at 25

>>12314068
>But but I aint no trader
its obvious! your also to dumb to pick companies long term! So the S&P...its in a down trend...don't buy in a down trend! Now Fuck off arrogant Zoomer!

>>12314292
>>12314261
Deffo newfags!

>>12314958
I've been shitposting in these threads back when we were on /g/ nigger

>>12314176
This was quite a read. Thank You.

>>12314458
lol do you just look at the lines and say "ahh dem good rep bad!!!"

Just put it all in Chainlink and then buy the uni in three years.

>>12314176
>gets rekt in a crash
>makes gains in a massive bullrun
>"zomg Im a genius better write a book"

>>12314929
Rent vs mortgage is highly dependent on the local market and personal lifestyle desires. I rent in walking distance for $1300 but nothing nearby could mortgage for that little. Rent and interest are equal piss, too. Live how you desire to while minimizing the piss.

>>12313770
No. Your investing is nothing but gambling. You might get lucky but don't kid yourself that you are actually investing.

>>12314102
There will be no recession. The fed reserve ain't gonna jack up interests rates as much as it did the past year. The past quarter was just a correction