I have almost 8000 saved. Looking to invest the money, but what on?

[UpAndComing]

After all this time somehow managed to saved that much and I've reached a dilemma in that i don't know what to do with it. How do i invest/flip itm? Help coli brehs. What do i do?

Use it to go to school to learn a highly skilled trade, then start a business

 

[Drip Bayless]

A friend of mine used to use Silk Road for things... Neither here nor there. Anyway they use Bitcoin.

Kinda like stock market.


He put like 4.5k into Bitcoin a couple years back. It was like 150$ a coin. Now they are worth anywhere from 500 to 700 a coin. Dude cashed out around 650 a coin. Made like 14k. And got the money back.

Bitcoin is volatile as hell breh dont use that as an investment

 

[Music Fiend]

Bitcoin is volatile as hell breh dont use that as an investment

Wasn't telling him to do it. Hope he's research himself. Just saying I had a homie invest and get s big return. Seems to have evened out.

 

[Afro]

BiggerPockets: The Real Estate Investing Social Network

Study up on real estate and get that passive income going.

 

[Drip Bayless]

Wasn't telling him to do it. Hope he's research himself. Just saying I had a homie invest and get s big return. Seems to have evened out.

I feel you, how long did your boy wait till cashing out? It goes without saying that the first cyrptocurrency is gonna soar in value regardless. I'm not saying it's peaked but now it fluctuates much more, there was a point a couple months ago when bitcoin was $900 a piece.
I peeped bitcoin junior year of hs them shyts was like $90 a piece famo
Felt like I missed out on apple stock

 

[Music Fiend]

I feel you, how long did your boy wait till cashing out? It goes without saying that the first cyrptocurrency is gonna soar in value regardless. I'm not saying it's peaked but now it fluctuates much more, there was a point a couple months ago when bitcoin was $900 a piece.
I peeped bitcoin junior year of hs them shyts was like $90 a piece famo
Felt like I missed out on apple stock

He was dealing then and we all thought he was dumb for buying from the internet lol.

Not really sure breh. Don't want to lie and act like I'm in the know how. I know that he bought a bunch at like 150 and it was over 600 when he cashed out. From the chart looks like he waited a year.

4.5 x4 is about 18k. breh!!! $90?!!! Jesus Christ. Would have been a 7x increase at the minimum wow

 

[Dak Pickscott]

That aint no money fam just keep stackin

 

[cjlaw93]

Go to ATL and ball at Phipps and trick off at Magic yolo

 

[Disgustya Stallone]

Real Estate Investment Trust

thank me later

 

[Alexander The Great]

If you lost your job tomorrow, how long could you last without income? how long would that 8K last you?
if something "catastrophic" happened could you survive without that 8K?

you should have a good 8 months to 1 year's worth of bills(rent, lights, insurance, food, etc) saved before you start "investing" your money.=

 

[Splash]

Invest in the coli servers


Only you can do this for us, Neo

 

[Supreme HD]

Put 5000 grand in an IRA account and use the remaining money for liquid just in case you need it for an emergency.

Im the uk

 

[Clark Wayne]

Invest in $AMRS

 

[Bless't]

Pay your rent or mortagage 5 months in advance and spend those 5 months learning how to make intricate sand castles. The end game is to qualify for the world championships that are broadcasted on Espn and poison the competitors foods so you win with a simple 5 story bronze age castle complete with alligator sculptures, a team of snipers that wield cross bows posted on the tops of the towers and a few coniving peasants that are secretly trying to over throw you.. all made of sand. So you win the grand prize of 6k.

 

[Terrance Curtis Beasley]

buy a dinosaur