Anyone have any investing tips? Recently just got 10k from a deceased relative and what to turn it for profit...

Anyone have any investing tips? Recently just got 10k from a deceased relative and what to turn it for profit. Any suggestions?

Correction..
>and WANT to turn profits

Bump

Buuuump

Helpppp

if 10k is a lot to you then your are POOR.
Unless you can continue to invest your 10K is better thrown into the casino all in on black.

Pay off your debt.

If your goal is stocks...

Read a lot into technical trading, read a lot into stocks, make trading on paper first. No daytrading, got for weeks to months.

10k is pretty decent to start, but the times are wild, thanks to Donny Derpo.

His tweets have more impact on stocks currently than a lot of other things.

a start; yes maybe. but really if the OP didnt have 10k laying around to do something with then chances he cant continue to invest. It would be a waste.

An how did you become so rich?

take that 10k you got from your deceased relative, then use it to sue them for molesting you when you were a kid

>It would be a waste.
Can't second this, given he's got discipline. That's what trading boils down to.

won the genetic lottery. parents made cheddar and i got a degree in finance so I make more cheddar.

The problem is the OP should have said: I have a 10K jackpot and if i invest (in the traditional sense, stocks&BS) that plus 3k per year- what would be a good strategy.

But instead he just wants 10K to turn into 100k or some made up number so might as well just casino and hope for the best

Here's the best advice you're going to get: put it into an etf for the dow Jones industrial averag with low management fees and forget about it.

DIA is your best bet.

Buy stocks

nobody goes with the Dow. Thats the dumbest thing ever. S&P500 maybe. but the dow is beyond random and outdated.

Actually the dow is fake news and dumb

I got a good stock

lol true jajaja

Invest in gold, and I am not talking about some shit pieces of paper saying you own the gold, those are bullshit. Purchase a decent safe and spend the rest on gold. The value of gold never goes down.

Just when you buy your gold make sure you dont be an idiot and do it over ebay, etc. There are a bunch of reputable places you can get it from, if not. Go to pawn shops and purchase rings.

Though the best investment is always land/realestate, but 10k's not really going to help you much on that.

Like other anons habe said look into passive investing with an index, preferably s&p 500, pickong stocks is all luck and a bunch of unknowable variables.

Bitcoin

Gambling

lmao, that shit is fucking the worst investment ever

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