I’m tired of having my money sit in a bank, I want to make this money work for me, but I need guidance putting it. What are some assets y’all put that make you some serious bread?
What appreciating assets y’all put your money in?
- Thread starter SupaVillain
- Start date
dora_da_destroyer
Master Baker
Most readily available to the average person - stocks, real estate, precious metals
other assets that require a bit more knowledge and work to obtain - art, antiques, jewelry and other collectors items (classic cars, stamps, coins, seems baseball cards are hot again, etc)
If you really got money - investing in early stage businesses or a franchise
peer to peer lending was a thing but I think all the platforms that made it possible for small lenders have gone under
other assets that require a bit more knowledge and work to obtain - art, antiques, jewelry and other collectors items (classic cars, stamps, coins, seems baseball cards are hot again, etc)
If you really got money - investing in early stage businesses or a franchise
peer to peer lending was a thing but I think all the platforms that made it possible for small lenders have gone under
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NaijaProdigy Redux
Veteran
I do the following
- Equities
- Real estate
- Crypto
- Equity stakes in startups and businesses
- Equities
- Real estate
- Crypto
- Equity stakes in startups and businesses
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ADevilYouKhow
Rhyme Reason
Magic Cards
Put me on to what equities and how to start on them
Goals:
I want to own a house before I hit 30. I just turned 24 a couple of days ago. I also want to be wealthy and to help out my friends and family while living a lifestyle that is lavish.
Open a betterment account. It's a robo adviser that will adjust the portfolio to your goals and timeline.
NeilCartwright
All Star
Stocks, index funds are the easiest way, just buy them every month
NaijaProdigy Redux
Veteran
I’d start with simple ETFs (VTI, VOO) until you get comfortable with single name risk
Open an account at a brokerage like TD Ameritrade
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