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OfflineskOsH
Functionally dysfunctional


Reged: 07/03/19
Posts: 1372
Loc: the PNW
Pretty good interest on my savings, but best strat?
      01/20/24 12:08 PM

I know crypto is fairly useless for most coins

I have been able to save a good amount of money and I have a good way to control my spending, of the ability to say "no" to something, and I'm just thinking, cool, I get about $3 in interest per month or something, or maybe every two weeks, but I tried investing in stocks and I always got burned with my picks. I don't even know how to do calls and stops. I remember gme was at $1 and I thought about buying a ton of it

I remember when my previous boss showed me what dogecoin was at. It had reached 1c for the first time ever. I laughed it off. I could have had about 600,000 coins, and sold it at 0.67c if I actually did it.

I remember thinking about buying bitcoin when it was very dirt cheap, but it was above my head, and I was busy with college, which didn't do me many favors

I am trying to build wealth, but I'm not sure what the best way to do that is. Is it possible to set up multiple cd's with six month deals and moderate risk? I'm really not sure how to farm wealth, besides curbing my spending. I am trying to save up money to be financially secure and possibly build a house on bought land, and I won't have to worry about anything except property taxes.

So, say I have $10,000. What would you do with that, to make it $30,000 in six months, with a guarantee. Is this even remotely possible, or is it luck?

When I read news articles about a company, and its good PR or bad PR, it doesn't seem to always affect the stock price. So I am apprehensive about it..

TL;DR If you had $10,000 and had to make it get to $30,000 in six months, is that even low to moderate risk possible with a healthy return on investment? Could I get $10k to $30k relatively safely in six months, or is this just too tall of an order?

Post Extras Print Post Remind Me! Notify Moderator
. * * Re: Pretty good interest on my savings, but best strat? Bungmurphy   01/20/24 12:51 PM
. * * Re: Pretty good interest on my savings, but best strat? skOsH   01/21/24 11:22 AM
. * * Re: Pretty good interest on my savings, but best strat? Bungmurphy   01/21/24 03:40 PM
. * * Re: Pretty good interest on my savings, but best strat? geokillsA   01/21/24 01:08 PM


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