1. pump it all into trump coins 2. watch it go to the moon within a year 3. 7000 x 25 (from 4 cents to 1.00 per coin) = 175,000 4. pump it all into penny stocks 5. glorious capitalism kicks in 6. they go to the moon 7. sell sell sell 8. repeat steps 4-7 9. enjoy infinite monies
Yeah or I could maybe not do that.
>he doesn't want easy money
>he doesn't stop low quality shilling
P T X T X
Memes aside, but aside $3000 and use that as an emergency fund so if anything horrible happens you won't be absolutely boned, and use that $4000 to avoid student loan debt.
Got no student debt loans tho so any cash I make is for me since I'm living at home >tfw post-secondary school is heavily subsidized by the govt
Your bank will just want to put it into their mutual funds.
Open a self directed trading account and buy some ETF's.
>18 and already saved up $7000
You're cool. I like you. Would buy you a beer if you were legal in America.
please explain to me the meaning behind your picture
>You're cool. I like you. Would buy you a beer if you were legal in America. Legal in Quebec, come join me for one haha. Currently working two jobs now (one govt. and the other is I do private landscaping) and trying to pick up a third one (office data entry shit that'd be good on a cv). There's not really much to spend money on aside from gas, food and drinking, all though I can spend $250 on supps every 4-5 months.
Canada has one of the highest MERs for mutual funds. You will get screwed by the banks. Do they even charge you guys for going in and getting advice? If they don't that's how you KNOW you're getting fucked. Why would they give you such an essential service for free? They get paid a fuckton from garbage mutual funds.
Fee based advisors can help a LOT with taxation and feeling out a proper portfolio. That site is okay but there are some flaws and biases in it.
Thanks I'll look into this
Where in Quebec homie? Français? What's your e-mail senpai
Good job saving it. So you have three options, all three very valid.
1. Commit to just using your bank, and never think about it. All your energy towards furthering your career, later you can get into investing
2. Half in savings half in bluechip stocks. Easy and most people do this.
3. Save it for a month or two while you study your ass off in investing in stocks/cryptos. Tons of money can be made IF you have extreme amounts of discipline, intelligence, time, and energy.
>3. Save it for a month or two while you study your ass off in investing in stocks/cryptos. Tons of money can be made IF you have extreme amounts of discipline, intelligence, time, and energy. Any resources?
madaz on youtube if you want to see someone who typically makes a couple thousand in the first thirty minutes of the market day. He has a lot of good stuff to watch, can give you an idea of how seriously you should be taking this if you want to really be making money
investopedia, read everything on the dictionary
/rhg/ for stockpicks but do your DD!
For cryptos, look for ones good to trade. Eth can be slow, lisk is good on polo right now but will die out eventually. Invest in as many tech-heavy ICO's as you can, sell off and get profits at their opening, then trade them. And buy BTC for savings (consider selling off before halving though)
No interest in cryptos but otherwise hank you!
I am not the guy who posted it but Bernie Sanders supporters are usually seen as the average m'lady fedora weak beta cuck socialist stereotype, hence the picture.