My dad's an engineer and he basically asked me for investment advice. He has a very very low risk tolerance. I told him to get Medical stocks and Gold/silver.
What would you do? Cryptos are out of the question (at the most $1k)
Alexander Hughes
Mutual Funds or Exchange Traded Funds
Joshua Peterson
just buy BTC if you're risk averse and want crypto maybe a little bit of Ethereum really just buy whats on Coinbase
Thomas Cruz
Bitbean so that it would get a nice pump and maybe make some of you smile during these hard times
Jaxon Bennett
>I told him to get Medical stocks and Gold/silver. lmao, terrible advice
this
Leo Lee
Bitcoin is still incredibly volatile by normal standards. 5% swings in a day are big
Evan Watson
Property
Oliver Robinson
and by medical stocks I meant Canadian medical marijuana stocks, lel
Owen Evans
yeah but in the long run unless something completely kills it Bitcoin will probably keep rising really if it wins over 2x it'll be safe for awhile even if it dips afterwards
Joseph Peterson
Low-fee broad-market ETFs you dope.
Thomas Roberts
Honestly? I'd prob have to charge you for that info
Levi Powell
unfortunately everything with very very low risk has next to zero returns thanks to Papa Berkanine and Grandma Yellen. Some options:
>cash obvious >certificate of deposit like a savings account, but you cant access it for N years in return for a better interest rate >managed / mutual fund tell the broker you want "low risk" >US government / blue chip company bonds look for AAA rated bonds
Carson Anderson
Go 99% into Bitcoin. For the last 1% buy heart medication for your father.
Grayson Bennett
everything is worthless if it yields < 5% which most banks dont provide
Kevin Ortiz
well your options are pretty limited if you insist on "low low risk"
Jeremiah Morgan
true. But there is no such thing as "low low risk" unless you put it in the bank, which most likely has less interest than inflation, so what's even the point?
Evan Walker
Short EOS, it's gonna tank as soon as the pump is over in 2 hours.
Aiden Martin
All in on LINK
Carter Collins
maybe my comment was wrong/need edited but yeah I agree with you, low low risk etc you limit your options a lot
Cooper Hall
All in Zencash
Robert Turner
I fail to see whats wrong with medical stocks and gold silver
>medical (weed) stocks Emblem Cannabis - partnership with Canntab to create slow release CBD pills which will aid in pain relief for patients with chronic pain, in carefully measured standardized doses. Also growing recreational marijuana and cannabis concentrates to further increase revenue. $100 mil market cap, with a CEO who worked at a former $6 billion company
Inmed Pharma - Penny stock with own Cannabinoid database to be used in the creation of synthetic cannabinoids used in the preclinical experimentation of drugs targeting specific diseases, ie intro ocular glaucoma and pain. Potential $20 billion dollar markets per each approved by the FDA
>gold and silver Been around since the beginning of time, still has purchasing power, still has value. Silver itself will see increasing industrial demand, as well as a hedge against inflation and deflation. Also good if you think the economy is going to collapse
Brandon Williams
theres nothing wrong with them, this is simply a crypto board. low risk is definitely gold and silver your weed stocks are higher risk and is a amrket thats starting to get saturated though
Colton Jenkins
lets see cannabis is on uncertain legal ground and is an untested market gold has lost tons of value over the last 5 years (ie, cash at 0% interest would have been a better investment) and despite what the commercials will tell you, its not a hedge against inflation or the economy as a whole
neither is remotely low risk
Grayson Perez
- Cobalt-Lithium mining stocks - Bitcoin - Bitbay (buy now or regret later, mars mission incoming in a few months) - Social media
Julian Gomez
Medical, gold and silver is never wrong. However consider google, nestle and things like that too. And of course buy bitcoin with those $1k he agreed.
I made a shitload with google since 2004.
Mason Thomas
Bitcoin is an unstoppable force. Bitcoin has been declared dead 181 times since its dawn yet it still mooning like crazy. It is not a bubble because Bitcoin is a finite store of value, not a product or a mortgage.
I don't care if Bitcoin go up, down or fucking circles tomorrow, all I care about is that Bitcoin will surely reach $30,000 in 2020.
Isaiah Perry
Just put it into an s&p 500 index fund.
Benjamin Nguyen
this
Parker Young
>What would you do? Cryptos are out of the question (at the most $1k) Hahaha nocoiners deserve their 6% annual gains
Nicholas Bailey
DOVU
Everything else is just people hoping you buy their bags
Adrian Powell
Invest in you'reself :)
Elijah Powell
I put 60k in btc during the summer and made 120% gains. It would have taken years to make the profit I've made. Was it scary? Hell yes... But eh, bitcoin is not for faggots.
Brayden Myers
DON'T invest for someone related/friends to you it's not worth the trouble trust me
Charles Lewis
Gold and silver can go down for years.
Nathan Bennett
Best answer. Preferably commercial but 100k is too low to get anywhere in that space.
Jason Williams
Fuck no. Medical stocks are bags now. Gold not gaining much for long time