After years of being frugal I have $40k saved up and I want to invest it wisely. Any suggestions?

After years of being frugal I have $40k saved up and I want to invest it wisely. Any suggestions?

Real Estate. Buy now.

buy car

If you've got W2 income, you can put a downpayment on a rental property

Hookers and blow

Tranny escorts and amphetamine or coke

I'd like too but everything is too expensive where I live (San Diego)
I have a car
The cheapest condo in San Diego is like 600k

Could u send me like 500 it'll help me afford a gun to kill myself with otherwise I might have to wait another week

This

Wait and buy stocks when the market goes down.
Put a down payment on a home and make it your primary residence, fix it up, and sell for more and keep your capital gains (housing markets at highs again so id wait personally)
Don't buy etfs, just pick 10 or 20 good companies with large market caps and buy those and then you don't have to own the laggards.

Take half for a year around the world, use the other half as a cashdown for a small apartment, rent it on airbnb

Get a financial advisor instead of asking anons

Don't buy in California, of course, go out of state. I thought that didn't need mentioning.

Hookers and blow.

I was thinking about bitcoin, any thoughts?

Slowly invest into a mixture of diversified market indexes and mutual funds, as well as maybe some target date, take your 7% a year and reinvest, 30 years from now you'll be able to retire

Go to a dairy farm and rescue some of the cows that live there. They get treat very bad. Then get farm and look after cows.

Can you buy hookers and blow with bitcoin?

That's a pretty risky move. You should know the area before you invest in property. Also who would manage it?

Stop fucking around, find a decent wealth management advisor and get it into a managed fund. You'll probably see 10-15% return annually.

OR, failing that, start your own business and live off it for a few months depending on your outgoings.

Spam

Not really, just do your research and find a good property management company.

10-15% is generally unheard of. If you make 5% return on investments consistently it's considered good.

I'm UK based, with a managed fund - I'm on 12.7% last tax year. Not sure how different it is across the pond. That said I have a slightly higher risk portfolio than most.

If you put 40K into it last week you would have made $10K this week.

DON'T GET MARRIED.

Buy 20k Bitcoin and 20k Ethereum. As the price keeps going up, sell 1k worth every so often, slowly scaling out of both currencies. If you do this, in a year you will have significantly more than 40k.

Sure it happens, depending on economic cycles and varying industries, but no one consistently makes 10-15% a year. Not even buffet.

This is a fair call. I was on around 7% the year before, will see how this year goes.

Dont invest in Bitcoin
Go with the tried and tested stock market
40k is a good start, try microstocks, or just crash the market

trust your intuition
share your wealth

>Buy Euronext shares
>Wait for Macaroni to win
>???
>You now have 44K

Something safe and long term (bonds, minimal returns I know but safe). Stay away from Mutual Funds.

Don't "invest" in something. Get a broker. Start a taxable income account with mutual funds. You're guaranteed not to lose money.

Mutual funds are terrible. Your return barely keeps up with inflation.

Good for IRAs

Why?

Human trafficking.

you guys should 100% stop what your doing and check out
> Sиαpchαty.me
now

Mutual funds are a great long term investment you tard

Source: finance degree from McCombs

Physical silver and gold for half of it, the rest in a saving account

DON'T buy real estate now. We are going into another collapse because the banks are doing the same shit after they made tons of money by steeling back properties from all the fucking illegal immigrants.

Don't buy cars. You don't know which will go up in value and it is very rare they do. Besides, anything that actually does are going to be much more than 40k.

Don't do bitcoin. Bitcoin is setting itself up for a collapse.

Stocks are a possibility but in my experience, too slow. And there is no guarantee.

If you could find real estate in a developing area, I suggest you do that. Most small towns bordering big towns will have new developments for growth. Buying land now could be cheep, but keep in mind, you could be looking at waiting 20+ years before any kind of return. And even then, development would have to be fast. Which right now it is not.

I suggest going to Babypips.com and learning ForEx trading. Set up a demo account and practice for a minimum of 6 months. I currently make about $2500 a week and I work at that maybe 8 hours over 2 days. I lost my job and was desperate. Just said fuck it and started learning it. Got real good, saw patterns, and yea, I don't slave myself out to shit society anymore. I'm starting a business adventure soon, too, because owning slaves is how every one else makes money.

Alternatively, you could always spend some of that 40k on inventing something. Get it patented, and then sell out your patents to companies who need it. Big money there.

This should make your money back fast.

IRA's man

very few mutual funds actual offer good returns compared to the benchmark, few active managers can generate alpha at all

source: work at an hf

>Two words
Lego sets.... look it up

Average inflation between 2-3%, average mutual fund return around 7%. If you invest in well managed funds you can get around 10%.

Obviously there are better investments but for the layman who just wants to tuck money away for retirement they are not a bad way to go.

buffett has made 20% a year for like 40 years lol

Icahn makes huge returns

Steinhardt 25% for a long time

Peter Lynch 29.2% for 13 years

Bob Miller beat s&p 500 for 15 years straight

Paul Singer beat index for 30 years straight

i can go on and on if you would like

just index it and maybe buy some shares of brk.b or something

if OP has a job he should just dollar cost average into a few indexes

I am in a similar situation, and I know a plenty of people who are in similar situation.
This is what you do. You have to buy real estate in secondary/tertiary market. Either drive an hour or two to find a market that's not saturated with real estate hype or go research and find out of state real estate by building network. Don't go for appreciation strategy. We are at or near the peak of RE market, so there is a little room for equity gain. What you need to do is go after steady cash flow, even if it sounds small. You might only be able to buy one or two per year, but then it builds on like a snowball effect. At some point, maybe within five years out, the market will correct itself. Then you need to play appreciation game on top of cash flow

I'd just get a mix of a value fund and some well managed small cap growth funds

Hookers and booze.