I’m just curious what Pedes are doing NOW with their money. NOT what you did as far as stocks go. If you got on the lunar moon rides and it looks like you did well, that doesn’t much help. I’m talking today.
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Warning: GA.W is about the great awakening & Q. Take all investment advice on this site with a grain of salt and DYOR.
I get that, but I also assume a lot of Pedes here have done something with loot. I recently got some, so thought it was fair to ask. Seems like land and gold are at the highest they’ve been. So was curious what other folks are doing who may be in a similar situation.
I'm just putting a warning up for everyone, it's not a strike against you anon.
You can't go wrong with gold, silver, copper, the real, hard stuff. No matter how they attempt to manipulate the markets for these metals, we will definitely be going back to the Gold standard and all these metals will skyrocket. I'm certain of it.
Gold just sketches me out. It is currently at its highest value in history. Going back to the gold standard or ‘gold will destroy the FED’ doesn’t mean it will go up in value.
Silver does seem appealing though. I stacked silver but never really had the loot to stack gold. Wish it was 2016 prices. Hell, 2010 prices.
It was "at its highest" in 2011, too.
I NEVER look at what "they" say because I don't care. Common sense says to have gold and silver in hand and you will be fine.
like the hunt brothers?
gold was ay it's highest at $320 an ounce, and I remember people saying not to invest. gold will always be gold, while paper will eventually be compost somewhere.
$20k would go straight into a new plot of land to develop. Seems to me you would have the most control over your investment if you bought property. The value of any real estate will go up and down speaking in dollars and cents, but to me it doesn't dwarf the VALUE in owning that piece of land.
Land isn’t at its highest value ever right now????
Property taxes can be a problem.
Unimproved land is not crazy on taxes. 20k don’t buy much in my part of Texas.
Silver would be my got to for investment.
Be nice if Q would give us some financial advice, right?
I went with silver and stonks that are sold short myself.
Missed a letter in title. D
Literally Bitcoin and nothing else.
But, for the doubters who clearly don't understand what money is, perhaps a fund similar to VGT or VOO.
Also, $15,000-$20,000 in a bank account is really just known as your emergency fund. A Dave Ramsey style 3-6 months of household expenses in case of catastrophe such as job loss.
If I were in this situation and risk-averse, I might set up a series of rolling CDs at my local credit union at 5%+ APR. But that won't keep up with inflation.
But if I were to hold an asset for 8-10 years, and Warren Buffett says you shouldn't buy an asset if you wouldn't hold it for ten years, I would make it Bitcoin.
Of course, others might choose a dividend REIT like O
Future millionaire here. Good advice homie!
Thanks! Definitely not advice though, just what I would do.
I had forgotten to mention gaining exposure to Bitcoin without owning the asset itself, such as by owning funds like BITO or HODL (two different types of holdings and strategy), or by holding stock in companies such as COIN or MSTR.
If diversifying, I would buy double what I would normally buy and sell half after the asset doubles to reduce cost basis. I did that with COIN recently, but it also means that I lost out on additional gains.
Invest in tangibles first.
Physical silver, xrp, xlm, lead and brass, gold. If you don't know anything about crypto, learn like the rest of us who have invested the time in ourselves. Stay away from shit coins and FOMO. And never leave anything sitting on an exchange, get a cold wallet.
The main thing is do some research, diversify your spend, and pick what's best for you and your future security.
I put all my money into $DJT because if we lose, all is lost anyway. Not financial advice. Just what I did.
🎵Theres a lady who's sure all that glitters is Gold🎵
Nearly everything is near all time highs because cash is trash.It sounds like you don't have a portfolio yet. Preserve your capital in bitcoin, S&P500, and gold.
My current focus is DCAing into BTC, making small daily purchases on Strike, and transferring to a cold wallet in minimum increments of 1 million sats for utxo management.
This fits my current situation, which may not be right for you. I already have stock index and metal allocations, so my BTC is rounding out my holdings.
Buy and hold quality assets. Don't day trade or buy on margin. Run away from shit coins.
Trump Media and Technology Group (NASDAQ:DJT)
Bitcoin if you’re interested in long term investing. At least $2k of that. Buy on Strike app then move it to a Blockstream Jade wallet. Now nobody can take your money and it’s finite supply will 100x the price by 2034.
Gold miners - $GDX or $GDXJ. They havent participated yet in the gold run but soon will.
I just bought a node in a decentralized and secured version of webinar software like zoom. It will reward people to use it with its own token too. Very intriguing. I will get daily rewards from the node by having it . Pm me for details if you want. Zoom and all those meeting rooms suck and it’s bound for disruption