Thread 60802749

my father asked me to invest some of his money, 1000€ for a start, in some stock. I don't know anything about /biz/ stuff. wat do? also, is there a good alternative to robinhood? I can't manage to make an account there because they ask me for some tax number I don't have.

>>60802749 (OP)
buy NVDA
future 10T mcap company, the stock is still significantly undervalued.

Just buy a diversified low cost index fund. Gamble with your own money

>>60802763
how do i find that?
>>60802760
i'll look into that stock.

>>60803317
NVDA makes the AI chips that OpenAI and Anthropic need. when they crack AGI the sector is going to explode, because a computer than can do any intellectual task can improve itself and automate the labor market. it means the end of work and a doubling of the world economy every year; that doubling will occur in the first country to get AGI. it's either us or the Chinese, and it will probably be us.

>>60803317
Google how ro open low-cosr brokerage in [My Country} -- maybe Interactive Brokers.
Read up on Lazy Portfolios (concept) on Optimized Portfolio blog. Buy ETFs (sim. to mutual funds) that allow you to invest in hundreds or thousands of companies at once. I started a three-portfolio fund in a US brokerage for my son -- US stocks, Foreign stocks, long-term US bonds.
See what Interactive brokers allow you to do. Major brokerages in the US are zero-commission. Europe? I don't know. Big firms in US with zero commission on trades: Charles Schwab (available to some Euorpean investors), Fidelity, and Vanguard. ALL US firms have limitations on non-US investors. GOOD LUCK.