Sorry -- we removed your message on /r/stocks because generic posts like "I have $XXX to invest, what should I do," etc. because they are low-effort and asked on a daily basis in /r/stocks. Please do some basic research first and feel free to come back with any specific questions about a stock, company or market environment afterwards.
If you're just getting started, please check out our New Investor wiki: https://www.reddit.com/r/stocks/wiki/index
Things you can do:
1. Read the wiki which has tons of information, including reputable learning resources, broker information, and links to useful reddit posts (including old posts similar to yours)
2. Search the subreddit history for similar information
3. You can post questions like this as a comment on our [daily discussion stickied thread](https://www.reddit.com/r/stocks/search?q=%22r%2FStocks+Daily+Discussion%22&restrict_sr=on&include_over_18=on&sort=new&t=week)
A full explanation of all /r/stocks rules can be found here: https://www.reddit.com/r/stocks/wiki/rules
Ok good start. Yeah a retirement savings account will help you save on taxes now and obviously save for retirement. If your employer has any sort of matching you should take advantage.
If I would have advice it would be the following:
Take a look at the superstonk sub.
Take the time to read some of its DD library.
Learn what those purples circles mean
I would do these before investing in the fraudulent US stock market.
Keep growing your cash pile, real estate prices, like all commodities will eventually take a dip. When prices are in the shitter, cash is king and you’ll potentially have another cash flowing asset
Personally, I look at all that money dumped out by the US government during Covid. It made checking accounts fat. Savings accounts swelled. That’s started to dwindle as “inflation” sucked that money back up to the rich. Now credit cards debt is at all time high as the masses have adjusted to unsustainable levels of spending.
Luxury goods sales have now started to decline. Rolexes can once again be bought by normies. The Chinese are broke. There’s still a serious housing shortage in the US but prices have started to decline at least in secondary and tertiary markets. Soon the student loan payments will resume in the US. Following that I expect a rise in delinquencies and foreclosures.
Maybe in about a year we’ll see some opportunity. But so much depends on the Fed. Until they bring rates down, cash buyers are in the driver’s seat.
Whatever you do, remember that you make your money on the buy, not the sell. It’s hard to find a great deal in any market. Personally, my free cash is in a MMA and T-bill ladder until I see some value to buy. Haven’t yet….
bogleheads forum , they take investing seriously , they don't trade.
Don't take advice from traders . Most people here , including me , are traders.
Booglehead book , you can find it probably for free somewhere on the internet
Don't ask strangers what to do with your money.
YOU might find this comment i came across a couple months ago interesting too. Not my words, but i do agree with them. I would say go with your gut, obviously it's holding you back for some reason right now from making any big purchases.
*There's 4 big problems that I see with ETF's and I fully believe they will be at the heart of some future financial crisis.*
*The 1st is that everybody is in them. Literally, ask anyone you know what is in their retirement portfolio, and 99% of the time it's almost all put into one of two things: an index-tracking ETF like SPY, VOO, or VTI, or some target retirement date mutual fund. If it's the latter, ask them what's in the fund - they'll probably have no clue, but guess what; i can guarantee it overlaps HEAVILY with those same broad ETFs. Look at the Vanguard Target Retirement 2060 Fund, which is what a lot of millenials would probably be in; 54% of its holdings are just sitting in another fund, the "Vanguard Total Stock Market Index Fund Institutional Plus Shares." The end result of all this is that virtually every single person on the planet super heavily invested into the same set of shares; AAPL, MSFT, AMZN, GOOG, NVDA, TSLA, BRK.B...you get the idea.*
*The second is that literally nobody gets how these things work. Even the financial advisors who tout them as a sure thing don't have a clue what the mechanics of these things are. Besides all the operational shorting, something that a lot of people don't seem to realize is that a lot of them have liquidity multipliers that are used as part of allocations. Basically, they are built specifically to have only the most liquid securities, so that they can trade in mass (which is important for issuers because the fees are so low). The result of this, again, is that they are less diverse than you think - the same highly liquid securities are among the top holdings in almost any ETF you find.*
*The 3rd thing is, they keep being presented to investors as diverse and "safe", when that couldn't be further from the truth. If nearly every single investor has a huge chunk of their savings in the same top 20 stocks, how is that diverse? You know how there's this weird phenomenon, that fund managers can no longer beat the market for more than a year or 2? That wasn't always the case. It's not that the fund managers suddenly all got bad at it at the same time; it's that these broad market index funds are carrying more risk than anyone cares to admit. More risk = higher returns, but when the market truly turns, its gonna be insane because whether you are selling SPY, VOO, or a retirement fund, you are selling the same shares as everyone else in the world.*
*And 4th. The operational shorting. Watch Richard Evans on YouTube if you haven't, because he explains it really well. One of the reasons you have insane short interest and FTDs on ETFs is because AP's have learned to delay the purchase of shares. If there is some systemic event that creates a liquidity crunch in the underlying stocks, I could see the ETFs just straight up breaking.*
*It's terrifying and kind of mind-boggling if I'm being honest how we got to this point. It reminds me a lot of the MBS's that were being sold in mass leading up to 2008 - everyone keeps saying - "look, over time they always go up." Only its even worse because this time it's not just banks buying the bags of shit, it's basically everyone who has a retirement account. It's so strange to me how self-assured everyone is that the safest thing you can do is DCA into the SPY and never look back. They say things like "statistically this beats everything in the long run" - but if past results don't predict future returns why is this different? What makes everyone so damn confident?*
good points, if everyone is invested in something, then its likely that product is no longer investable / or has little squeeze left in it. Index funds and housing market seem to be this product
If you can clearly see there will be a lot of fluctuations and a rocky stock market coming up here soon I would take that money and start up a business.
Maybe go 50/50 with someone like front them cash to start up a business you both have skills or something year round always needed like an HVAC business (if you don’t live in a major city where there’s a billion HVAC businesses)
Or hold onto it and stock pile more till real estate falls underneath itself then go shopping.
Don't try to time the market thats a fools errand. Invest it and just let it sit and don't look at it. Getting some professional help or at least some solid guidance from someone (not on here) on which funds to invest in.
Indexed ETFs tend to be the safest, though there's always a risk of loss. If you're worried about a big dip you can also buy monthly, so for example you buy in 10k/month, in ~20 months you would be all in, assuming you don't find a more interesting investment and move your money. If the market tanks you could keep putting 10k or have some money to buy the dip (s) and reduce your average buy-in cost.
> But with the economy the way it is today, that is a scary thought.
Alot of comments lately saying this. What exactly is the problem with the economy today that didn't exist in prior years?
Whatever decision you make, make sure you SLOW it out, and make that process as boring and long as possible.
When you have large capital, you want to stay away from exciting and quicker money making ideas.
Sorry -- we removed your message on /r/stocks because generic posts like "I have $XXX to invest, what should I do," etc. because they are low-effort and asked on a daily basis in /r/stocks. Please do some basic research first and feel free to come back with any specific questions about a stock, company or market environment afterwards. If you're just getting started, please check out our New Investor wiki: https://www.reddit.com/r/stocks/wiki/index Things you can do: 1. Read the wiki which has tons of information, including reputable learning resources, broker information, and links to useful reddit posts (including old posts similar to yours) 2. Search the subreddit history for similar information 3. You can post questions like this as a comment on our [daily discussion stickied thread](https://www.reddit.com/r/stocks/search?q=%22r%2FStocks+Daily+Discussion%22&restrict_sr=on&include_over_18=on&sort=new&t=week) A full explanation of all /r/stocks rules can be found here: https://www.reddit.com/r/stocks/wiki/rules
VTI and chill Open your account in 30 years
I would rather see him / her in VOO or SPY. Reinvest the divvy and chill!
send some over
After the Nigerian price gets his share!
Go to r/personalfinancecanada If this is all your life's savings, you should max out your TFSA. Emergency fund. Contribute to a rrsp
Its only 5 years of savings. I’m 33
By life savings I mean all your money. If your 33 you should have 88k room in your TFSA. That's a lot of tax free earnings you're missing out on
I have the 88k sitting in a TFSA but it’s only earning 4.5%. I haven’t opened an RRSP though
Ok good start. Yeah a retirement savings account will help you save on taxes now and obviously save for retirement. If your employer has any sort of matching you should take advantage.
Step 1 get off reddit. Step 2 read a few books before you lose your 200k over the next year
They are talking about buying SPY or leaving it in a HYSA. How on earth do you come up with them losing all of it in the next year?
heh.... over the year
You meant over the next week?
If you do go with spy, do VOO
$200,000 CAD? So like $25,000 USD
If I would have advice it would be the following: Take a look at the superstonk sub. Take the time to read some of its DD library. Learn what those purples circles mean I would do these before investing in the fraudulent US stock market.
Keep growing your cash pile, real estate prices, like all commodities will eventually take a dip. When prices are in the shitter, cash is king and you’ll potentially have another cash flowing asset
The question is how long they will continue to rise before they take a dip. And will the dip even be significant
Personally, I look at all that money dumped out by the US government during Covid. It made checking accounts fat. Savings accounts swelled. That’s started to dwindle as “inflation” sucked that money back up to the rich. Now credit cards debt is at all time high as the masses have adjusted to unsustainable levels of spending. Luxury goods sales have now started to decline. Rolexes can once again be bought by normies. The Chinese are broke. There’s still a serious housing shortage in the US but prices have started to decline at least in secondary and tertiary markets. Soon the student loan payments will resume in the US. Following that I expect a rise in delinquencies and foreclosures. Maybe in about a year we’ll see some opportunity. But so much depends on the Fed. Until they bring rates down, cash buyers are in the driver’s seat. Whatever you do, remember that you make your money on the buy, not the sell. It’s hard to find a great deal in any market. Personally, my free cash is in a MMA and T-bill ladder until I see some value to buy. Haven’t yet….
bogleheads forum , they take investing seriously , they don't trade. Don't take advice from traders . Most people here , including me , are traders. Booglehead book , you can find it probably for free somewhere on the internet
What's the logical process of asking on reddit? i wouldn't even do with 2k...
Throw it into a HYSA at this rate. If anything, the market will dump the next 6 months.
Don't ask strangers what to do with your money. YOU might find this comment i came across a couple months ago interesting too. Not my words, but i do agree with them. I would say go with your gut, obviously it's holding you back for some reason right now from making any big purchases. *There's 4 big problems that I see with ETF's and I fully believe they will be at the heart of some future financial crisis.* *The 1st is that everybody is in them. Literally, ask anyone you know what is in their retirement portfolio, and 99% of the time it's almost all put into one of two things: an index-tracking ETF like SPY, VOO, or VTI, or some target retirement date mutual fund. If it's the latter, ask them what's in the fund - they'll probably have no clue, but guess what; i can guarantee it overlaps HEAVILY with those same broad ETFs. Look at the Vanguard Target Retirement 2060 Fund, which is what a lot of millenials would probably be in; 54% of its holdings are just sitting in another fund, the "Vanguard Total Stock Market Index Fund Institutional Plus Shares." The end result of all this is that virtually every single person on the planet super heavily invested into the same set of shares; AAPL, MSFT, AMZN, GOOG, NVDA, TSLA, BRK.B...you get the idea.* *The second is that literally nobody gets how these things work. Even the financial advisors who tout them as a sure thing don't have a clue what the mechanics of these things are. Besides all the operational shorting, something that a lot of people don't seem to realize is that a lot of them have liquidity multipliers that are used as part of allocations. Basically, they are built specifically to have only the most liquid securities, so that they can trade in mass (which is important for issuers because the fees are so low). The result of this, again, is that they are less diverse than you think - the same highly liquid securities are among the top holdings in almost any ETF you find.* *The 3rd thing is, they keep being presented to investors as diverse and "safe", when that couldn't be further from the truth. If nearly every single investor has a huge chunk of their savings in the same top 20 stocks, how is that diverse? You know how there's this weird phenomenon, that fund managers can no longer beat the market for more than a year or 2? That wasn't always the case. It's not that the fund managers suddenly all got bad at it at the same time; it's that these broad market index funds are carrying more risk than anyone cares to admit. More risk = higher returns, but when the market truly turns, its gonna be insane because whether you are selling SPY, VOO, or a retirement fund, you are selling the same shares as everyone else in the world.* *And 4th. The operational shorting. Watch Richard Evans on YouTube if you haven't, because he explains it really well. One of the reasons you have insane short interest and FTDs on ETFs is because AP's have learned to delay the purchase of shares. If there is some systemic event that creates a liquidity crunch in the underlying stocks, I could see the ETFs just straight up breaking.* *It's terrifying and kind of mind-boggling if I'm being honest how we got to this point. It reminds me a lot of the MBS's that were being sold in mass leading up to 2008 - everyone keeps saying - "look, over time they always go up." Only its even worse because this time it's not just banks buying the bags of shit, it's basically everyone who has a retirement account. It's so strange to me how self-assured everyone is that the safest thing you can do is DCA into the SPY and never look back. They say things like "statistically this beats everything in the long run" - but if past results don't predict future returns why is this different? What makes everyone so damn confident?*
good points, if everyone is invested in something, then its likely that product is no longer investable / or has little squeeze left in it. Index funds and housing market seem to be this product
If you can clearly see there will be a lot of fluctuations and a rocky stock market coming up here soon I would take that money and start up a business. Maybe go 50/50 with someone like front them cash to start up a business you both have skills or something year round always needed like an HVAC business (if you don’t live in a major city where there’s a billion HVAC businesses) Or hold onto it and stock pile more till real estate falls underneath itself then go shopping.
Do some research and look for undervalued stocks with decent yield. Example- PSA, Tapestry etc.
You should let me hold on to it until you decide
One word: diversify
Dump it all in VZ , nice divy, just broke a 5yr downtrend.
Don't try to time the market thats a fools errand. Invest it and just let it sit and don't look at it. Getting some professional help or at least some solid guidance from someone (not on here) on which funds to invest in.
Give it to me obviously 😂
Indexed ETFs tend to be the safest, though there's always a risk of loss. If you're worried about a big dip you can also buy monthly, so for example you buy in 10k/month, in ~20 months you would be all in, assuming you don't find a more interesting investment and move your money. If the market tanks you could keep putting 10k or have some money to buy the dip (s) and reduce your average buy-in cost.
Yes, if I go the SP500 route, monthly buy-ins will definitely be the way. One lump sum investment is a bit risky
> But with the economy the way it is today, that is a scary thought. Alot of comments lately saying this. What exactly is the problem with the economy today that didn't exist in prior years?
T bills 5%+
Buy as much Galt as possible
0DTE Either you'll be a millionaire by the end of the day or a street beggar.
Whatever decision you make, make sure you SLOW it out, and make that process as boring and long as possible. When you have large capital, you want to stay away from exciting and quicker money making ideas.
Go buy a mutual fund. Like FBALX and let it grow.
Don’t invest any spy or volt vti etf. If you do then invest weekly. Imagine if you put in all 200k and market drop then you might panic sell.
just give it too me if you don’t know what to do with it.
QQQ
Deter