Thread 60785313

Do you think bank churning is worth it? I'm keeping $3k-15k in an account for 1-3 months (coming from my job's direct deposit and getting $300-400 in return), then moving to the next offer and so son. It's guaranteed money and outperforms HYSA savings accounts, but it can be a lot of hassle for little bits of money. Had to even go in person a couple times just to get the money out.

>>60785313 (OP)
This is a child's allowance. Make more money, poorfaggot slave, and then think about managing it.

>>60785313 (OP)
I’ve been churning through offers since 2018 and made almost $12k. It’s a bitch to track everything so I made an Excel spreadsheet.

You would make more putting it in the S&P 500

On average for the last 100 years its 10.4%

i used to do that when i was younger like early 20s. its fine if you have little capital but it can hurt your credit score and its a bit of a hassle.

>>60785317
How much more to make? This is how much I made so far this year. Got another 100k in ETH and 85k in sp500. I'm debating just taking my leftover cash (38k) and dumping it to ETH
>>60785366
yeah, it's nice when it's quick money but it's a hassle sometimes transfer money or closing the account. I've also got bamboozled on a few where they had me deposit $5k/month for 3 months through my job, only to find out I didn't manually enter the code when making the account so I got nothing
>>60785372
Yeah, might just go this route for laziness or keep buying ETH (selling all in 2-3 months), then BTC late next year all in

>>60785313 (OP)
There's decent returns on brokerage bonuses. Webull will give you up to $20k for parking money with them and you can just transfer over assets.

>>60785395
Buy ETH and wait for alt season to peak. Then sell and buy the stocks to sit.

>>60785497
Would you sell ETH to smaller cap alts or just park in ETH? Also, what stocks would you suggest looking into? I'm guessing not index funds? I would think if crypto crashes then everything crashes for another year. I was thinking of just staying in cash until things bottom out

>>60785570
ETH is safe for small gains. But if you wanna take on more risk go for XRP. Index funds are fine.

You can be risky with your crypto and then put it into an ETF for diversification.

Yes let crypto alt season happen and then cash out and wait for the market to bottom and buy in with the S&P 500

>>60785846
So you'd go from crypto -> ETF -> BTC?
Is it really worth it to keep in an ETF for only one year? I was thinking maybe splitting the cash to a few HYSA for like 5% but avoiding the market potentially going below where I bought and not bouncing in a year

>>60785859
Id go from crypto to the ETF to secure a retirement fun.

Make money in crypto and let it sit in the ETF for long term so you can retire safely.

>>60785877
Yeah, I add to ETFs but the money there I wouldn't sell. If I go all in ETFs then I won't have anything for buying BTCs bottom, which is the real best chance to hit 7 figs next cycle