Log In

Your email is not your username

Register

If you were a member of the old Bodybuilding.com forums and would like to reuse your previous username, you can request it below. We use your email only for registration and do not store it. For more information, please see our Privacy Policy.

Confirm your email

A registration code was sent to your email. Enter it here.

Welcome

You have successfully setup your account.

Sign in

Quick Navigation Bottom Misc
Forum » 80K to invest, half in s&p and half in bitcoin to risk max?
  1. Results 1 to 30 of 48
  2. Page 1 of 2
  3. 1
  4. 2
  6. Last

Thread: 80K to invest, half in s&p and half in bitcoin to risk max?

post 1684807913 06-17-2023, 08:21 PM
-
#1
  1. Azrairc
  2. TwinkMAXXing
  1. Azrairc
  2. TwinkMAXXing
  3. Join Date: Apr 2011
  4. Posts: 18,933
  5. Rep Power: 64988

80K to invest, half in s&p and half in bitcoin to risk max?

want to be at 300k in 5 years with $1000 per month contributions

figure if bit coin blows up again I can sell and dump it back into the index.. better upside than a measly 8-10% in 5 years if I'm luckly. worst case I lost 40k which aint **** anyways and have to extend out my goal
post 1684807963 06-17-2023, 08:23 PM
-
#2
  1. AVIK777
  2. Registered User
  1. AVIK777
  2. Registered User
  3. Join Date: Dec 2013
  4. Location: Antarctica
  5. Posts: 16,516
  6. Rep Power: 68296
go to wallstreetbets, the degenerates there love to gamble too
post 1684807983 06-17-2023, 08:23 PM
-
#3
  1. SteadySmokin
  2. Banned
  1. SteadySmokin
  2. Banned
  3. Join Date: May 2023
  4. Posts: 6,413
  5. Rep Power: 0
some banks are offering GIC's for 5-7%.
post 1684808113 06-17-2023, 08:27 PM
-
#4
  1. TryingMen
  2. Okie Dokie
  1. TryingMen
  2. Okie Dokie
  3. Join Date: Jan 2023
  4. Posts: 8,457
  5. Rep Power: 38982
It's all going back down very soon. Wait until BTC falls back to $15, then dump all $80k in it and money max. Sell after it reaches mid 20s again and shift all to s&p
post 1684808123 06-17-2023, 08:27 PM
-
#5
  1. Azrairc
  2. TwinkMAXXing
  1. Azrairc
  2. TwinkMAXXing
  3. Join Date: Apr 2011
  4. Posts: 18,933
  5. Rep Power: 64988
Originally Posted By SteadySmokin⏩
some banks are offering GIC's for 5-7%.
right and lets say I get guaranteed 7% for five years

that means despite my initial contribution of 80k and 5 years of contributing 1k per month I only made 40 k off of interest at the end of 5 years. I made 141K of contributions and only end up at 181K. Hardly made anything after cap gain taxes

my point is it doesn't move the needle much, no risk no reward
post 1684808153 06-17-2023, 08:28 PM
-
#6
  1. Schnitzl
  2. calf of peace
  1. Schnitzl
  2. calf of peace
  3. Join Date: Nov 2011
  4. Posts: 20,067
  5. Rep Power: 183416
Might want to wait for a pullback in S&P as it's up 14% in the last 3 months.

BTC is a gamble for the ages.
post 1684808163 06-17-2023, 08:28 PM
-
#7
  1. SteadySmokin
  2. Banned
  1. SteadySmokin
  2. Banned
  3. Join Date: May 2023
  4. Posts: 6,413
  5. Rep Power: 0
Originally Posted By Azrairc⏩
right and lets say I get guaranteed 7% for five years

that means despite my initial contribution of 80k and 5 years of contributing 1k per month I only made 40 k off of interest at the end of 5 years. I made 141K of contributions and only end up at 181K. Hardly made anything after cap gain taxes

my point is it doesn't move the needle much, no risk no reward
but you beat inflation by a lot

i agree tho, scared money dont make money
post 1684808763 06-17-2023, 08:40 PM
-
#8
  1. BigDeeps01
  2. Registered User
  1. BigDeeps01
  2. Registered User
  3. Join Date: Sep 2019
  4. Age: 56
  5. Posts: 26,735
  6. Rep Power: 169715
Use it to start a business or use it to increase your earning power (courses etc)

Don’t yolo on bitcoin lol

And if you want to 5x your money the stock market won’t get you there til you’re old

Meanwhile if you can increase your earning potential by $100k/year and maintain your current spending habits you’ll hit that goal
post 1684811213 06-17-2023, 09:37 PM
-
#9
  1. CanardMedic
  2. Registered User
  1. CanardMedic
  2. Registered User
  3. Join Date: Sep 2017
  4. Age: 46
  5. Posts: 4,166
  6. Rep Power: 16222
Increase your W2 job by 30k a year for 5 years and decrease your spending habits.
post 1684811503 06-17-2023, 09:44 PM
-
#10
  1. kusok
  2. Registered User
  1. kusok
  2. Registered User
  3. Join Date: Sep 2009
  4. Posts: 47,722
  5. Rep Power: 231370
Now isnt a great time to buy much. Start slow.
post 1684811583 06-17-2023, 09:46 PM
-
#11
  1. Destor
  2. Registered User
  1. Destor
  2. Registered User
  3. Join Date: Apr 2012
  4. Location: Alberta, Canada
  5. Age: 41
  6. Posts: 43,481
  7. Rep Power: 254906
I would just use the full 80k to average into the S&P in chunks, who knows where the market is going

But could throw an initial $20-30k in and then start averaging in at $5-10k chunks depending on how it moves over the next few weeks or 1-2 months
post 1684811603 06-17-2023, 09:46 PM
-
#12
  1. Silencespeaks
  2. Banned
  1. Silencespeaks
  2. Banned
  3. Join Date: Aug 2015
  4. Posts: 114,138
  5. Rep Power: 0
Post deleted by user
post 1684811653 06-17-2023, 09:48 PM
-
#13
  1. kusok
  2. Registered User
  1. kusok
  2. Registered User
  3. Join Date: Sep 2009
  4. Posts: 47,722
  5. Rep Power: 231370
Originally Posted By XterraRob⏩
Ignore the talk of the market going up, it's going to come back down soon.

Park it in a stable value fund and leave it until the market tanks, then invest.
Ah… the doomsdayer spotted.

When will they learn?
post 1684811733 06-17-2023, 09:49 PM
-
#14
  1. kusok
  2. Registered User
  1. kusok
  2. Registered User
  3. Join Date: Sep 2009
  4. Posts: 47,722
  5. Rep Power: 231370
Originally Posted By Aleister_White⏩
consult a trsuted financial advisor (srs)

i pay under 1% fees per year and worth all of it
Financial advisors cannot outperform the market, they are much worse than plain guessers.
post 1684811793 06-17-2023, 09:50 PM
-
#15
  1. kusok
  2. Registered User
  1. kusok
  2. Registered User
  3. Join Date: Sep 2009
  4. Posts: 47,722
  5. Rep Power: 231370
Originally Posted By TryingMen⏩
It's all going back down very soon. Wait until BTC falls back to $15, then dump all $80k in it and money max. Sell after it reaches mid 20s again and shift all to s&p
Lmao

We got a Nostradamus over here.
post 1684811983 06-17-2023, 09:57 PM
-
#16
  1. FreemanMorgan
  2. Registered User
  1. FreemanMorgan
  2. Registered User
  3. Join Date: Nov 2017
  4. Age: 37
  5. Posts: 863
  6. Rep Power: 6184
Buy a truck, generator, MIG and TIG, grinders, consumables, misc scrap, and hire a good welder for $20-25/hr DOE.

Congratulations, you have your own business.
post 1684812013 06-17-2023, 09:59 PM
-
#17
  1. OliverHeldens
  1. OliverHeldens
  3. Join Date: Oct 2014
  4. Age: 33
  5. Posts: 43,017
  6. Subscribers: 1
  7. Rep Power: 130976
Just put it into 13 week treasuries for now. Something like 5% interest over 13 weeks, then re-assess
post 1684812083 06-17-2023, 10:01 PM
-
#18
  1. CanuckGame
  2. Registered User
  1. CanuckGame
  2. Registered User
  3. Join Date: Dec 2011
  4. Age: 37
  5. Posts: 16,732
  6. Rep Power: 131383
Were talking YEARS before crypto takes off again.

It will have its day again, but north americas economy is going to see some dark dark days ahead.
post 1684812093 06-17-2023, 10:01 PM
-
#19
  1. bicmane102
  2. Banned
  1. bicmane102
  2. Banned
  3. Join Date: May 2023
  4. Age: 56
  5. Posts: 5,013
  6. Rep Power: 0
Originally Posted By BigDeeps01⏩
Use it to start a business or use it to increase your earning power (courses etc)
this. in 2019 i started a business with my last 20k.

i now make ~40k/month in profit. srs
post 1684812263 06-17-2023, 10:04 PM
-
#20
  1. Schnitzl
  2. calf of peace
  1. Schnitzl
  2. calf of peace
  3. Join Date: Nov 2011
  4. Posts: 20,067
  5. Rep Power: 183416
Originally Posted By OliverHeldens⏩
Just put it into 13 week treasuries for now. Something like 5% interest over 13 weeks, then re-assess
Damn son, treasuries yielding about 21%/yearly? Myrion, sauce?
post 1684812573 06-17-2023, 10:11 PM
-
#21
  1. Azrairc
  2. TwinkMAXXing
  1. Azrairc
  2. TwinkMAXXing
  3. Join Date: Apr 2011
  4. Posts: 18,933
  5. Rep Power: 64988
Originally Posted By Schnitzl⏩
Damn son, treasuries yielding about 21%/yearly? Myrion, sauce?
he means 5% per year so for 13 weeks it's like 1.25%
post 1684813433 06-17-2023, 10:34 PM
-
#22
  1. Silencespeaks
  2. Banned
  1. Silencespeaks
  2. Banned
  3. Join Date: Aug 2015
  4. Posts: 114,138
  5. Rep Power: 0
Post deleted by user
post 1684813573 06-17-2023, 10:36 PM
-
#23
  1. Silencespeaks
  2. Banned
  1. Silencespeaks
  2. Banned
  3. Join Date: Aug 2015
  4. Posts: 114,138
  5. Rep Power: 0
Post deleted by user
post 1684814483 06-17-2023, 10:59 PM
-
#24
  1. KegelGains
  2. Registered User
  1. KegelGains
  2. Registered User
  3. Join Date: Sep 2020
  4. Age: 56
  5. Posts: 1,561
  6. Rep Power: 16331
Sounds like a decent plan, its a perfect time to buy BTC, its going to explode in early 2025 trust me
post 1684819103 06-18-2023, 01:52 AM
-
#25
  1. kusok
  2. Registered User
  1. kusok
  2. Registered User
  3. Join Date: Sep 2009
  4. Posts: 47,722
  5. Rep Power: 231370
Originally Posted By XterraRob⏩
It's not doomsaying, it's an understanding of 100+ years of macroeconomic cycles, why they happen, and the contributing forces (all things from undergrad).

They haven't achieved the desired effect from interest rates, they're going to keep going up (recent pause isn't signaling a reversal of policy), and the market, as hard as its fighting to stay up, is going to continue to go down.
Oh… then short the market and become a billionaire if you know the market direction and timing. Something that absolutely nobody ever knows.
post 1684821123 06-18-2023, 04:09 AM
-
#26
  1. SteadySmokin
  2. Banned
  1. SteadySmokin
  2. Banned
  3. Join Date: May 2023
  4. Posts: 6,413
  5. Rep Power: 0
Originally Posted By bicmane102⏩
this. in 2019 i started a business with my last 20k.

i now make ~40k/month in profit. srs
what type of business did you start?
post 1684821173 06-18-2023, 04:12 AM
-
#27
  1. Putinist
  2. Banned
  1. Putinist
  2. Banned
  3. Join Date: Jun 2023
  4. Age: 56
  5. Posts: 3,379
  6. Rep Power: 0
I would srsly consider Nvidia and Microsoft stock.

AI gains have been through the roof.
post 1684821263 06-18-2023, 04:18 AM
-
#28
  1. wasp9166
  2. straight out da bronx
  1. wasp9166
  2. straight out da bronx
  3. Join Date: Nov 2008
  4. Location: NY
  5. Posts: 52,577
  6. Subscribers: 3
  7. Rep Power: 511073
If you put money in bitcoin before vangaurd

You're a Special kind of fool
post 1684821583 06-18-2023, 04:46 AM
-
#29
  1. kusok
  2. Registered User
  1. kusok
  2. Registered User
  3. Join Date: Sep 2009
  4. Posts: 47,722
  5. Rep Power: 231370
Originally Posted By bicmane102⏩
this. in 2019 i started a business with my last 20k.

i now make ~40k/month in profit. srs
Lmao
post 1684821603 06-18-2023, 04:47 AM
-
#30
  1. kusok
  2. Registered User
  1. kusok
  2. Registered User
  3. Join Date: Sep 2009
  4. Posts: 47,722
  5. Rep Power: 231370
Originally Posted By wasp9166⏩
If you put money in bitcoin before vangaurd

You're a Special kind of fool
You got this in reverse.

History says I’m right, so don’t bother responding.
  1. Page 1 of 2
  2. 1
  3. 2
  5. Last
Quick Navigation Top Misc
Bookmarks
Digg.com
Digg
del.icio.us
del.icio.us
Stumbleupon.com
StumbleUpon
Google.com
Google
Facebook.com
Facebook
Posting Permissions
  1. You may not post new threads
  2. You may not post replies
  3. You may not post attachments
  4. You may not edit your posts