A relative recently died, and due to some inheritance, I have roughly 35,000$

What should I do with it? Currently its sitting in a bank account with no interest just collecting dust as I withdraw from it occasionally for outings. I want it to last and to start saving up more, maybe for some property one day, even if that is a pipe dream.

>>60692814 (OP)
put it into bitcoin and continue barely touching it and its literally your retirement

>>60692821
don't do this. you'd get a better return putting it into a CD now. and a CD is terrible.
if you want to make it grow, put it into stocks. i recommend NVDA. NVDA is the number one producer of AI chips, a nascent industry that will be expanding for the next several years. compute is the major bottleneck to AI and will become even more important once we get to AGI. with a market cap of 4 trillion, they are one of the most valuable companies in the world, but the stock trades at just $173. this is easily a thousand-dollar stock in the future. look at where Netflix is. what does Netflix do? shove woke propaganda at you. NVDA produces VALUE.
i'm up 24% on my investment and this is early days. AMD is another good choice, though I think it's in bubble territory; they are not a leading AI chip producer, but they are a chip producer. you might also consider something like TQQQ or SPYI if you want consistent dividends on your investment, though the value of your initial deposit will probably not move much.
the last thing you should do is gamble it on a shitcoin. because it is gambling, and you will lose you money.

>>60692814 (OP)
If you listen to anyone on this God forsaken board you will lose all of your money even before you have the chance to blow it on retarded shit.

>>60692814 (OP)
Take it to Vegas. Put it all on red at roulette table. Do this 6 times or until you lose.

>>60692853
you could actually gamble on roullette. it's a fun way to spend some time. start with what you feel comfortable with, let's say $100. if you hit, awesome. if you miss, double it. $200. keep doing this until you hit. return to your comfortable territory.
by doubling, you will always recoup on your loss. statistically, you have even chances of red or black landing, so after 10 or so bets the odds are extremely high you'll hit. it really doesn't matter what you pick, but for sanity just pick red or black and stick with it. remember, always double on a miss, and return to your initial comfort zone. it's very hard to lose money this way. you won't make much either, but you might have a good time, and you'll enjoy some free drinks. ring-a-ding-ding.
or, you can buy NVDA, and see real returns with no need to leave the house.

>>60692841
Yeah I am not super tuned in into finance stuff, but I always got the impression I was just born a bit too late for the Bitcoin/Crypto stuff, its like watching a rocket in the sky that already lifted off this rock 10 years ago, I am not catching it now.

What is a CD? Also the AI chip thing makes sense since it seems like where the future is heading, are there any other AI tech companies I could invest in? And is there any other industries you could recommend investing in?

>>60692874
a CD is a certificate of deposit. you deposit your money with the bank in a CD and you earn a higher interest rate than you might from a savings account. the trade-off is you agree to not touch the money for the duration of the deposit.
right now, US bank is offering 4% on 6-month deposits, which is not bad, but it's way less than you can earn in the stock market. the stock market doubles roughly every 10 years, and it's been accelerating. tech stocks are extremely hot right now, and set to grow.
you cannot invest in the leading AI companies, OpenAI and Anthropic. They have no stock offerings. you can indirectly invest in them with chip stocks. they are the primary customers of these chip companies and are clamoring for more. you can improve AI compute in two ways: you can add more compute, or you can make the AI more efficient. they're doing both and it's still not enough, so chip demand remains sky-high.
$35k is not a lot, if you want to see max returns i'd pick one stock and plow it all in. or you can put it into a dividend stock or ETF. TQQQ is not a bad choice. remember when buying a stock, you want to park it and leave it there. watch line go up. if you want to keep a little to spend for yourself, set it aside first, then invest the rest. don't dip into your stock. let it grow. patience is key. remember returns are not guaranteed and the value of your stock can go down in a bear marketplace. do not sell at a loss. leave it alone. give the market time to recover. it would take a truly calamitous event to end NVDA, so your money will be safe. no one knows the future, but it's a safe bet things will remain fairly rosy under the Trump administration.
you should always do your own research, don't just listen to me. go look up NVDA. do some reading. learn about dollar-cost averaging. it's important you do this yourself. don't let anyone here sell you a bridge. i'm an honest broker, but you don't know that. so read up on it.

>>60692911
this is a screenshot of my NVDA investment. as you can see, its much smaller than what yours could be. some people think this is the top. i really dont think it is, so i put $50 into the stock every week. you can see my return if i sold now.
im not selling.

>>60692874
You're still early for crypto dude. it will easily be the best thing to invest in, dca into bitcoin..(buy 10% of what.you have every week/month) you wont get 3000% gains but you will get good gains, especially if.you can hold it a decade you'll probably retire on just that.

>>60692814 (OP)
All the retards here telling you to put it in crypto or an individual non dividend stock are retards who have no clue how to get rich. What you want to do is put it in SPY, SPXL, VOO, SCHD and JEPI. If you want to go out to blue chip stocks, get those that pay dividends (i.e. Home Depot, Apple, etc.). You put it in those stocks you'll be sitting on a million in 20 years. Keep reinvesting all your dividends back into more shares

>>60692814 (OP)
>>60692937
if you put the entirety of your inheritance, $35,000 in SCHD, you can expect to collect about $333 per quarter, or $1331 a year. this is what's known as a dividend. it a reward paid out to you, the investor, for putting your money in the stock.
key thing to remember is the actual value of the underlying asset does not go up much. dividends are decided upon by the issuer, are not guaranteed, and can change with economic conditions. it's not a bad idea, but is it better than 25% in a year? you must be the judge.

this picture is AI generated.

You max out your IRA and put the rest into a HYSA.


Then invest the IRA money into something reasonable. If you are older Pick an ETF focused more on dividend payout. If you are younger pick an ETF focused on growth.
I

>>60692814 (OP)
>you should ask for advice with a troll image

>>60693023
He is how I felt when I got my money :)

>>60692841
>if you want to make it grow, put it into stocks. i recommend NVDA. NVDA is the number one producer of AI chips, a nascent industry that will be expanding for the next several years. compute is the major bottleneck to AI and will become even more important once we get to AGI.
priced in, retard
>with a market cap of 4 trillion, they are one of the most valuable companies in the world, but the stock trades at just $173
oh this is an actual mentally handicapped person who falls for unit bias
>this is easily a thousand-dollar stock in the future
sure with a buyback and reverse split, which would be meaningless to investors that understand what the words mean.
>NVDA produces VALUE
NVDA makes chip blueprints and markets the product. they dont even fucking manufacture the chips. one embargo and your entire investment crashes to ZERO, LOL.
>i'm up 24% on my investment and this is early days.
everyones a genius in a bull market. youre getting liquidated.
>the last thing you should do is gamble it on a shitcoin. because it is gambling, and you will lose you money.
literally the only correct thing in this entire post; exactly why OP should put it all into Bitcoin.

>>60692874
>What is a CD?
locks your money while you get raped by inflation
>but I always got the impression I was just born a bit too late for Bitcoin
Then you just don't understand it and need to do further research. here's the gist
>traditional assets are overvalued for their store of value potential
>house+land that costs 750k actually only costs 250k (how much people would pay to just have it to live in/rent out), but there's a 500k premium for having something that *might* outpace inflation, leaving you with the delta as profit/preserving your purchasing power.
>real estate, stock market, gold, etc
these things have value due to their innate characteristics, plus the ability to preserve purchasing power against devaluing fiat currency.
Bitcoin seeks to supplant these assets in the "ability to preserve purchasing power against devaluing fiat currency" department (among other things), and will absorb the aforementioned premium from all asset classes, globally.
owning 1 Bitcoin is basically owning 1/21,000,000th of the world economy, in perpetuity.
>its like watching a rocket in the sky that already lifted off I am not catching it now
more like this is a space colony project that rewards you for being the first one there, and the shuttles launch every 10 minutes.
the first people who got the chance to "buy in" were cypherpunks, no one better to ensure the integrity of the fledgling network
then it was internet natives broadly, nerds, etc
then it was the risk takers. gamblers, artists, and people with nothing to lose.
now its the corporations and banks
then it'll be nation states, tho some skipped ahead like el salvador (could be argued theyre part of the "people with nothing to lose" category)
and, as always, after EVERYONE ELSE, then it'll be the normies that will be defacto forced onto a Bitcoin standard because anything else will just be financially non-viable.
Bitcoin is a plague, a monetary virus.
everyone buys Bitcoin at the price they deserve.
fuck boomers

>>60694294
and thats just one thing about it, not to mention being permissionless, accessible instantly anywhere on earth with an internet connection, untrackable if you wash it through monero first, and unstealable if you rather die than give up your key. have your bitcoin die with you and you become an unknown martyr that increases the network's value.
its the only thing you can truly "own".

>>60692814 (OP)
Go for RUBI and turn it to $3.5m so you can retire at the end of this cycle.

>>60692841
>the stock trades at just $173. this is easily a thousand-dollar stock in the future.
what?

it's $1730 right now but you seem to conveniently forget the stock split

the moment (you) invest in a stock it will be revealed that the CEO is a pedo

indexes, bitcoin or gold, the world ends there

from least risky to most:
put it into a high-yield savings accounts. you will receive a very small payment at the end of each month that you can keep in the account or withrdraw.
put it into an index fund like VTI or something that tracks the s&p 500 index. value goes up and down with the market. might get a quarterly dividend which you can reinvest or withdraw.
put in an individual stock like nvidia or tesla or whatever. might pay a dividend, might not. potentially higher growth potential than an index fund. also potentially more risk since bad news for the company you invested in can devastate the stock price (not diversified at all).
put it in crypto. high potential for growth. high potential for decline.

>>60694804
good list, theres one more:

>invest in yourself
:3
you can get a degree or face surgery

>>60692964
Metadata now.

35k is a lot. As others stated. Honestly you best bet is a high yeild savings account. The safest.

What I've done in the past. Keep half or more in a hysa. Take 10 if ur comfortable even 5k.

Wait for the market cryptos to drop a bit more buy low. Cryptos is in its early stages not early like 15 years ago when some of us got in.

U can look into stocks but choose wisely. Tech is always ur best bet like chips etc.

Depending on the crypto dnt stake it all incase u have to pull some out. If u buy/sell at the right times u can make up to a few grand extra with perfect execution. Stay safe and remember ppl just want ur money but do ur own research