GF inherits $33.6K - Need advice on how best to invest etc

Private prison stock has been solid for more than a decade here in the US.
Is this a joke??? Have you seen how many states are about to start legalizing pot?

From what I hear, pot arrests have contributed to more than one or two of the inmates to those things. :stonedsmilie:
 


Half of it should be an even split between gold silver and bitcoins while the other half should be in investment grade diamonds.

Pretty sure our Fuhrer Jon would agree on the diamonds front.

Disclosure:
I have a client who deals exclusively in investment grade diamonds so I've been forced to learn a lot about them.
 
Half of it should be an even split between gold silver and bitcoins while the other half should be in investment grade diamonds.

Pretty sure our Fuhrer Jon would agree on the diamonds front.

Disclosure:
I have a client who deals exclusively in investment grade diamonds so I've been forced to learn a lot about them.

Lol diamonds. If you want to make it rain, get in on the brazilian emerald business. That's where the money is
 
Jeezus; This is my first post in the thread and already 20 different mentions of bitcoin came before me.

Times, they are a changing!

Contrary to popular belief, I do NOT suggest it all gets sunk into bitcoin. All wise investments are diversified.

The USD, Euro, & Yen are totally fucked, so stay away from things that are touched by those three currencies and their direct markets.

How about a 3 way split between bitcoin, gold, & silver? If you know of any sound investments in rising markets like BRICS countries, Chile, or SE Asia, then you might want to consider up to a 3rd of the portfolio in that too... Just as long as you sink a couple thou into bitcoin you'll be happy with those returns later.

#Protip: Monday and Tuesday USSA legislators will be holding hearings on bitcoin, including the DHS, Fincen, and lots of other scary departments. If you're going to buy some, watch those hearings and be ready to pounce on the news... Immediately if these hearings have positive results, or better yet, at the bottom if they have negative outcomes. (like a draconian-sounding new department for virtual currencies being formed.)

Either way though, the Chinese are the new carriers of the bitcoin baton, so no matter how bad the news gets, the price will eventually rise even more because those investors would LOVE to see the USSA restrict bitcoin from it's people more.

Percentage of previous posts mentioning bitcoins that were sarcastic? Definitely 0%.
 
Jeezus; This is my first post in the thread and already 20 different mentions of bitcoin came before me.

Times, they are a changing!

Contrary to popular belief, I do NOT suggest it all gets sunk into bitcoin. All wise investments are diversified.

The USD, Euro, & Yen are totally fucked, so stay away from things that are touched by those three currencies and their direct markets.

How about a 3 way split between bitcoin, gold, & silver? If you know of any sound investments in rising markets like BRICS countries, Chile, or SE Asia, then you might want to consider up to a 3rd of the portfolio in that too... Just as long as you sink a couple thou into bitcoin you'll be happy with those returns later.

#Protip: Monday and Tuesday USSA legislators will be holding hearings on bitcoin, including the DHS, Fincen, and lots of other scary departments. If you're going to buy some, watch those hearings and be ready to pounce on the news... Immediately if these hearings have positive results, or better yet, at the bottom if they have negative outcomes. (like a draconian-sounding new department for virtual currencies being formed.)

Either way though, the Chinese are the new carriers of the bitcoin baton, so no matter how bad the news gets, the price will eventually rise even more because those investors would LOVE to see the USSA restrict bitcoin from it's people more.


I would hesitate to invest in Russia or China at the moment. As someone who deals regularly with the Ruble I can tell you it's value has been falling for a while now and will most likely continue to fall. China's growth numbers are heavily dependent on property development. What they don't tell people is that a large portion of these projects in China are developing ghost cities. Essentially large amounts of expensive flats that they'll never even get 10% occupancy on.

Brazil is also a tricky one as inflation can spike at a moments notice. Also, most of their inflation is tied to rising food costs, which is a powder keg waiting to blow when you couple it with the large portion of their population living in favelas.

In South Africa the wealthy are trying to rig flamethrowers to their cars to prevent car jacking. I don't think any explanation is needed there.

I'd look more into investing in growing economies in more stable countries. Canada is one that comes to mind.
 
Half of it should be an even split between gold silver and bitcoins while the other half should be in investment grade diamonds.

Pretty sure our Fuhrer Jon would agree on the diamonds front.

Disclosure:
I have a client who deals exclusively in investment grade diamonds so I've been forced to learn a lot about them.

Care to post more info on this? I've actually been interested in investing in diamonds lately (looking for something that will act as a store of value, not really another high-risk investment), but since there are so many different types and there's no ticker for diamond I never got around to doing enough research on it.
 
1. Vanguard
2a. Madoff (in prison madoff)
2b. Bitcoin

I decided a & b since it was a such a tossup.

Is it just me or does someone saying 33.6k remind you of last weeks easbound and down episode when kenny said he invested 5.5 thousand dollars in tits and tots?
 
China's growth numbers are heavily dependent on property development. What they don't tell people is that a large portion of these projects in China are developing ghost cities. Essentially large amounts of expensive flats that they'll never even get 10% occupancy on.

Lol are they dumb
 
fuckin morons gonna cough up their nutsaqs when btc bottoms out. and i'm personally gonna start a lukep bitcoin spanking thread. don't be fucking STUPID people, stay away from shitcoin. op tell ya gf to hoard that cash or do something safe like vanguard.
 
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