Current Events > What is the best way to invest money?

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I am curious to know what is the best way to invest my money? Basically I want to know ways in how to make money.

Bump

Buy low, sell high

Were_Wyrm posted...

Buy low, sell high

That is actually a good idea.

https://gamefaqs.gamespot.com/a/forum/d/d69b6706.jpg
https://gamefaqs.gamespot.com/a/forum/2/2652db49.jpg

Hide it in your mattress

step one: have money
step two: use some money to buy a vest
step three: put your remaining money in the vest

Owning land.

If you are asking this, the best answer for you is probably to just put your money in an index fund

I didn't make this topic as a joke.

Jeremy517 posted

If you are asking this, the best answer for you is probably to just put your money in an index fund

What is a index fund? I made this post when #6 and #7 made their post.

modena posted...

Owning land.

Sadly I don't have enough cash for that option.

supermichael11 posted...

What is a index fund? I made this post when #6 and #7 made their post.

https://www.bankrate.com/investing/best-index-funds/

yeah, an index fund. Basically you just invest "in the stock market" rather than any singular company. It's a very safe way to gain money over time and very low effort. Vanguard is my recommended company to get an account with.

Scalping concert tickets

VTSAX everything in VTSAX

supermichael11 posted...

Sadly I don't have enough cash for that option.

Most people I know didn't either. They just got a loan. And with that loan invested some into making money off of the land.

I have 60acres and the taxes go up each year,but I lease out the pasture that makes enough from just bails of hay to pay my taxes. I used to lease out for cattle and horses too.

I'm not saying head out and buy a cowboy hat and start digging lol. But they do keep it relatively easy for people to get into.

alright, I'll tell you a serious way
once you have money and can buy land, at least 3-4 acres ideally
start researching local or nearby national parks, large events or festivals in your area (like music festivals, renaissance festivals, etc), and see if there are camp sites nearby
buy land in that area, ideally between whatever local major events or parks and the already existing camp sites
convert the land into a camp ground
start renting the land to campers for one weekend at a time

it's cheaper than buying a house or houses to turn into airBnBs, far less maintenance (at most it will be amenities like showers, out houses, etc), and less cleaning (but you will still need to clean)
and you'll need to do work or pay someone to create paths and plots.

but it's pretty frugal. in my area, camp sites with no water or electricity are $50-60 a night, with water and/or electricity are upwards of $75-100 per night. the camp sites that have cabins can be up to $300-400 per night

BucketCat posted...

alright, I'll tell you a serious way
once you have money and can buy land, at least 3-4 acres ideally
start researching local or nearby national parks, large events or festivals in your area (like music festivals, renaissance festivals, etc), and see if there are camp sites nearby
buy land in that area, ideally between whatever local major events or parks and the already existing camp sites
convert the land into a camp ground
start renting the land to campers for one weekend at a time

it's cheaper than buying a house or houses to turn into airBnBs, far less maintenance (at most it will be amenities like showers, out houses, etc), and less cleaning (but you will still need to clean)
and you'll need to do work or pay someone to create paths and plots.

but it's pretty frugal. in my area, camp sites with no water or electricity are $50-60 a night, with water and/or electricity are upwards of $75-100 per night. the camp sites that have cabins can be up to $300-400 per night

My property is going to be dead center of the upcoming eclipse in April. The local hotels have been booked for 2 years. My friends keep saying how much I'd make to let people tailgate here but damn.

I don't trust people to not trash my place up,bring controlled drugs and what not. But from what I hear,it could be a peak hustle.

Buy into an established diversified ETF like SPDR S&P 500. Good growths are usually 10% a year. Don't chase waterfalls of quick gains unless you know what you're doing (which most people don't)

modena posted...

I don't trust people to not trash my place up,bring controlled drugs and what not. But from what I hear,it could be a peak hustle.

my cousin and her husband both quit their jobs as lawyers to own a campsite/airBnB and they make around triple what they used to make. I've actually thought about working for them cus it sounds fun lol
it's insane potential if you are in a good location and can afford the initial land purchase + upkeep

Be born into it. Many people make the mistake of not doing this.

Invest in Nice Fat Toads (NFTs).

tell people they suck and then sell them oil to make them feel they still suck but the oil makes them suck together

Pump everything into Webistics

Step one: Be born filthy stinking rich
Step two: Hire someone else to invest it for you
Step three: Cozy up to the fascist party in order to get sweet tax breaks in exchange for helping them destroy the country you live in as well as the stability and prosperity that made your exorbitant wealth possible in the first place
Step four: Die as helplessly and afraid as anyone else as your money fails to protect you from outliving your usefulness to the fascists

0dte options yolo sucka

Jeremy517 posted...

If you are asking this, the best answer for you is probably to just put your money in an index fund

came itt to post this

SpawnShadow posted...

Step one: Be born filthy stinking rich
Step two: Hire someone else to invest it for you
Step three: Cozy up to the fascist party in order to get sweet tax breaks in exchange for helping them destroy the country you live in as well as the stability and prosperity that made your exorbitant wealth possible in the first place
Step four: Die as helplessly and afraid as anyone else as your money fails to protect you from outliving your usefulness to the fascists

I dont know why so many people mess this up at step one. Its not hard, it just takes quite a bit of luck.

Go to Vegas and bet it all on red