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Forum » What would you finance savvy brahs do with $4k-$5k left over every month?
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Thread: What would you finance savvy brahs do with $4k-$5k left over every month?

post 1645613393 08-24-2021, 10:08 AM
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What would you finance savvy brahs do with $4k-$5k left over every month?

Legit advice is appreciated.
post 1645613503 08-24-2021, 10:09 AM
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Hookers and blow
post 1645613623 08-24-2021, 10:11 AM
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I typically have an average of $5k each month that I invest into tech growth stocks.


Trying to get to a place where my investment income is more than my salary/commission each year.
Always Neg Back Crew.
post 1645613743 08-24-2021, 10:13 AM
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If you're not sitting on any bad debt?

My #1 priority would be moving it into tax-sheltered accounts and throwing chunks at indices unless you have specialized knowledge about specific industries/companies that you can leverage for strong value investing
post 1645614323 08-24-2021, 10:18 AM
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Originally Posted By Lefticle⏩
I typically have an average of $5k each month that I invest into tech growth stocks.


Trying to get to a place where my investment income is more than my salary/commission each year.
Finally another fraud post! It’s been a while brah welcome back
post 1645614353 08-24-2021, 10:19 AM
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post 1645614653 08-24-2021, 10:22 AM
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that's $48,000-$60,000 per year brah

$4,500 per month invested with an annual rate of return of 10%

would would be worth like $1m in like 10 years
....Atlas.....
¯\_(ツ)_/¯

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LTC is the only heterosexual way.
post 1645615093 08-24-2021, 10:27 AM
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Originally Posted By Jimmehhh⏩
that's $48,000-$60,000 per year brah

$4,500 per month invested with an annual rate of return of 10%

would would be worth like $1m in like 10 years
I don’t know how to invest though :/ i need to find a financial advisor
post 1645615393 08-24-2021, 10:30 AM
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Originally Posted By Freedirt⏩
I don’t know how to invest though :/ i need to find a financial advisor
Open a vanguard account
Buy VTI
????
Profit
post 1645616183 08-24-2021, 10:39 AM
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Originally Posted By Jimmehhh⏩
that's $48,000-$60,000 per year brah

$4,500 per month invested with an annual rate of return of 10%

would would be worth like $1m in like 10 years
Feels bad when someone can save more than I make in a month.. fuk
post 1645628193 08-24-2021, 01:26 PM
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Originally Posted By FoxMcCocks⏩
Finally another fraud post! It’s been a while brah welcome back
No fraud
Always Neg Back Crew.
post 1645629303 08-24-2021, 01:45 PM
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You'll want to fully fund an IRA first to lower your AGI, but anything else invest. If you have that much cash to invest each month I'd sit down with a financial analyst or investment group and talk with them. Could also look into some RE once the market softens a bit.
post 1645629313 08-24-2021, 01:46 PM
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I tried it all my friend, I invested in this that and the other... Nothing makes me sleep better and gives excellent returns like buying something and selling it... Figure out what you're into or know a lot about. Contact a wholesaler or manufacturer and set up an account. save for a few months and get an order. Turn around and sell it for a profit. Try to stick to items that are 2-3k a piece so you're not spending a bunch of time with little orders and packages. After a few months youll have a whole other steady income source that really cant go tits up becuase you can recoup the cost of the asset 90% of the time. Good luck and God speed misc brother.
post 1645629623 08-24-2021, 01:50 PM
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Originally Posted By Jimmehhh⏩
that's $48,000-$60,000 per year brah

$4,500 per month invested with an annual rate of return of 10%

would would be worth like $1m in like 10 years
Yep. This is what my wife and I did. Took about 7 years to get enough to retire (started in 2014).
post 1645629963 08-24-2021, 01:54 PM
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95% S&P 500

5% Bitcoin
post 1645631383 08-24-2021, 02:14 PM
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Do you have a mortgage?

50% of my monthly savings go in to s&p 500, the other half goes in to mortgage overpayments so I can be mortgage free sooner
post 1645631513 08-24-2021, 02:16 PM
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If you want a financial advisor then get a financial advisor.

If you listen to anyone on misc just listen to people who say put it all in a few Indexes. Even 100% into spy is a conservative long term win.

If it was me I would have been buying GME every single month.
post 1645632713 08-24-2021, 02:28 PM
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I’m doing $4k 11 months of the year.

Fintech, lithium and cyber security ETFs.
post 1645632893 08-24-2021, 02:30 PM
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https://www.bogleheads.org/wiki/Bogl...ent_philosophy
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