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/biz/ - Business & Finance

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1183212 No.1183212 [Reply] [Original]

I've inherited 10 grand, now what do I do?

>> No.1183215

If you don't know what you're doing, 100% index funds.

Otherwise, invest in your area of competence.

>> No.1183226

>>1183215
Index funds it is, now I'm going to find out what that is.

>> No.1183252

invest in commodities, if youre american invest in firearms

>> No.1183257

>>1183212
invest in yourself op, you are your best investment

>> No.1183261

>>1183212
Invest in general dynamics, it's recession proof, 132.91 per stock

>> No.1183277
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1183277

>>1183212
If it's still below .35 on monday, put 250-300 in GALFX. This is your fun-money, play-the-market, cool-guy move you can brag about to friends in a year ic it does well (for a pink slip, it has a good chance).

If I were you I'd put the rest into a diversified portfolio of top-rated corporate bonds. The market is due for a correction. Wait for a really red day (they happen, and its been a while) then move it into an index fund.

also you've got good taste. You ought to read fear and loathing on the campaign trail '72. It's the source for large chunks of the story.

>> No.1183301

>>1183212

I don't know. You might get more return setting it on fire than asking people on 4chan advice about what to do with money.

But yeah... I'd recommend index funds like the other poster said.

>> No.1183319

>>1183212
Put it into a savings account at your local credit union and sleep a little better at night knowing you now have a safety net if things turn south.

>> No.1183323

>>1183212
invest Berkshire hathaway

>> No.1183362

>>1183212
Put it on the number 26.

>> No.1183383
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1183383

>>1183212
Trump coin baby! Trump go all in and quadruple your ten thousand

>> No.1183394

>>1183319
Nice meme, OP should put it all in sp500, he's not going to lose his house, safety net unnecessary, better to get gains

>> No.1183530

>>1183323
He can only afford b shares. Not a bad idea though.

>>1183394
Hence corporate bonds for the time being. Hell, they should be relatively cheap at the moment because the S&P is so high. Then when it drops, they'll get pricey and he'll be flush.

>> No.1183534
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1183534

>>1183530
damn forgot pic

>> No.1183542

Same situation.

My plan is to wait till the next mosin nugget situation, buy a shit ton of them, then wait till now when they are 200 each.

Good plan biz?

>> No.1183544

>>1183394

>invest everything into a single country

Wew lad