How would you invest 50k?

[Sonny Bonds]

I've got 2 questions. Last year, I started investing a lot more and I'm still learning. I'd like to read other people's thought process when it comes to investing.

So... first question: How would you invest 50k?

With the assumptions:
- that you've maxed out your Roth IRA for the year
- you have no debt
- $0 in your savings account

Second question: If you only had 10k? How would you invest it? (with the same assumptions as above).

 

[Silkk]

Reselling/Starting a business. Gives you the biggest & best ROI once you find out what works.

 

[TNC]

Lots of ways this can go but I'll ask 3 questions first....

1. What kind of return are you looking for? 10% over time? x2-3? x5-10?

2. How soon of a return do you want? 6 months? 1-2 years? 5-10 years?

3. What's your work ethic like? Are you the type to start and build a business with your own two hands? Looking for moderate work (20-30 hrs a week)? or pretty lazy and want minimal work?

 

[Sonny Bonds]

What's interesting here is that you guys are thinking about starting businesses. Where I was just thinking about investing in stocks or whatever.

Like I didn't even consider starting a business as an option. What kind of businesses are y'all thinking of?

 

[Uitomy]

Spend 25k on bitcoin
5k on ethereum lend on blockfi
5k on cardano stake through daedelus wallet
2k on vechain
13k on usdc and lend that on blockfi.


That's pretty much millions by 2030 by itself not including the compound interest from staking and lending.



If I had only 10k I'd probably would do 5k cardano 2.5k vechain and 2.5k eth.

 

[Sonny Bonds]

Spend 25k on bitcoin
5k on ethereum lend on blockfi
5k on cardano stake through daedelus wallet
2k on vechain
13k on usdc and lend that on blockfi.


That's pretty much millions by 2030 by itself not including the compound interest from staking and lending.



If I had only 10k I'd probably would do 5k cardano 2.5k vechain and 2.5k eth.

I guess I've got research to do because I don't know what lend or daedelus wallet mean.

 

[Armchair Militant]

It’s boring, but I’d put like 85% in index funds.

With the rest, I’d mess around with some riskier growth stocks/etfs. That’s basically what I’ve been doing.

 

[alpo]

Stock market, follow my chrissssjohnson on Instagram or wealthsquad and he’ll get you right

 

[Uitomy]

I guess I've got research to do because I don't know what lend or daedelus wallet mean.

Eh it's interesting info to look up, lending is when I lend my crypto out to an exchange to be used on their network and they pay me back with interest from it. And daedelus is just a software to store the cardano crypto token. So far it's actually almost netted me 25k ironically, hope it doesn't crash hard soon though

 

[Jahbarri]

Spend 25k on bitcoin
5k on ethereum lend on blockfi
5k on cardano stake through daedelus wallet
2k on vechain
13k on usdc and lend that on blockfi.


That's pretty much millions by 2030 by itself not including the compound interest from staking and lending.



If I had only 10k I'd probably would do 5k cardano 2.5k vechain and 2.5k eth.

50k to millions? Tell me more because I’ll do this and if I have millions by this 50k investment by 2039 and your still alive I’ll send you 50k that’s no cap

 

[Uitomy]

50k to millions? Tell me more because I’ll do this and if I have millions by this 50k investment by 2039 and your still alive I’ll send you 50k that’s no cap

Well as you can tell that's all crypto but I can sum it up as

Bitcoin is the new gold, but is more deflationary and you can hold so much more of your money while being able to transport it at a snap with nobody being able to control it.


Ethereum is the internet of the crytpo space with many apps and games and financial projects and anything code related you can think of can be built on it


Cardano is a competitor to eth, but they will be more decentralized and are pivoting a deal with some african countries or one idk how many, to help bank people who struggle with havkng an institutional bank account or struggle with sending money to people when they need.



Vechain I'm still learning but from what I know it deals with supply chains (management, verification and all) and working against counterfeits. Got a deal with walmart, aws and a smatheriing of other companies.


Do your own research, see what you like but I do think if I had a million dollars I could turn it into a million plus buying and longing those projects (but I'm doing the best with what I got now!)

 

[SlurRty]

I've got 2 questions. Last year, I started investing a lot more and I'm still learning. I'd like to read other people's thought process when it comes to investing.

So... first question: How would you invest 50k?

With the assumptions:
- that you've maxed out your Roth IRA for the year
- you have no debt
- $0 in your savings account

Second question: If you only had 10k? How would you invest it? (with the same assumptions as above).

probaby buy clean energy car and weed etf's... basically etf's are funds where they put a bunch of stocks in a certain sector and create a fund out of them so the biggest plays right now are HAIL clean energy is the future.. You can invest in thcx or mj marijuana / pot industry will be legalized and states will make money from them... same with betz stock.. sports gambling is big and only growing..

 

[DamienWayne]

Eh it's interesting info to look up, lending is when I lend my crypto out to an exchange to be used on their network and they pay me back with interest from it. And daedelus is just a software to store the cardano crypto token. So far it's actually almost netted me 25k ironically, hope it doesn't crash hard soon though

links to info on daedelus and eth breh

 

[Uitomy]

links to info on daedelus and eth breh

Daedelus


Eth

 

[jilla82]

Spend 25k on bitcoin
5k on ethereum lend on blockfi
5k on cardano stake through daedelus wallet
2k on vechain
13k on usdc and lend that on blockfi.


That's pretty much millions by 2030 by itself not including the compound interest from staking and lending.



If I had only 10k I'd probably would do 5k cardano 2.5k vechain and 2.5k eth.

Cardano