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    Does anyone invest here?

    Bonds, stocks, currencies?
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    Re: Does anyone invest here?

    Why would you do that? Now's not the time for it since you're in high school

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    Re: Does anyone invest here?

    Quote Originally Posted by eyeseeyou View Post
    Why would you do that? Now's not the time for it since you're in high school
    Learn about compound interest. Starting early is crucial.

    Yeah, I've invested in a few things. Some shares, I have some treasury bonds (idk why, kinda pointless tbh)
    Most of my money rn is in an index fund though
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    Re: Does anyone invest here?

    Quote Originally Posted by Nailgun View Post
    Learn about compound interest. Starting early is crucial.

    Yeah, I've invested in a few things. Some shares, I have some treasury bonds (idk why, kinda pointless tbh)
    Most of my money rn is in an index fund though
    Not bad. I invest in BTC and TVIX.

    I'm a risky person.
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    Re: Does anyone invest here?

    Not bad. I invest in BTC and TVIX.

    I'm a risky person.
    Personally I believe bitcoin is super risky. Its a currency, dont lose sight of that. If you wouldnt feel comfortable hording US dollars as an "investment", maybe reconsider holding your bitcoin. Your exchange traded fund however, good stuff.

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    Re: Does anyone invest here?

    Quote Originally Posted by mattstaker View Post
    Personally I believe bitcoin is super risky. Its a currency, dont lose sight of that. If you wouldnt feel comfortable hording US dollars as an "investment", maybe reconsider holding your bitcoin. Your exchange traded fund however, good stuff.
    Haha definitely, they're very volatile indeed! However, BTC has been a good investment, I've had it back when I was 11. It's at a bull right now, and I bought TVIX when it was at a 52 week low back a few months ago.
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    The pessimistic optimist. BLIT2014's Avatar
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    Re: Does anyone invest here?

    I'm trying to invest in my self, trying to get the most of a tertiary education.

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    Re: Does anyone invest here?

    Quote Originally Posted by BLIT2014 View Post
    I'm trying to invest in my self, trying to get the most of a tertiary education.

    dammit i was going to say that


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    Re: Does anyone invest here?

    si2136, you bought Bitcoins at $11 US ? If so, why not sell them, thats a more than 4000% return and you currently only have paper money, you havent really accumulated the value till you sell.

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    Re: Does anyone invest here?

    I have a fair bit in cash savings due to unfortunate circumstances (loss of a dear relative).

    ATM It's just in a high interest savings account, but I get around 250 a month.

    ING has the highest interest rate as of last week (not sure if its changed since).

    Would recommend them - you can use any atm for free with their orange everyday, & you get 2% cash back when you pay wave.

    If anyone wants to open account with them, hit me up and I'll give you my referral code (both you and I will get $70 that way )
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    Re: Does anyone invest here?

    Quote Originally Posted by mattstaker View Post
    si2136, you bought Bitcoins at $11 US ? If so, why not sell them, thats a more than 4000% return and you currently only have paper money, you havent really accumulated the value till you sell.
    no he bought in at the age of 11, so probs like 4-5 yearsish ago (IIRC still be roughly same)
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    Re: Does anyone invest here?

    Ah, i misread i for it.

    Edit: Bitcoin stayed under US$10 till 2012, so definitely a very cheap buy in. Wow I wish I had thought to do that! Or had even heard of bitcoin.

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    Re: Does anyone invest here?

    Quote Originally Posted by BLIT2014 View Post
    I'm trying to invest in my self, trying to get the most of a tertiary education.

    Quote Originally Posted by Shadowdude View Post
    dammit i was going to say that


    wp
    An overrated and overpriced investment I reckon, the workplace woke me up to this big time.

    I invested in stock when I was younger, although I still think the best bet is property.
    Last edited by enoilgam; 23 Apr 2016 at 5:04 PM.
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    Re: Does anyone invest here?

    Of course. I was a really enthusiastic kid back then who loved computers, I had a few LTC, BTC and Doge back then

    Doge was the best coin.
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    Re: Does anyone invest here?

    If I may ask, how many BTC do you currently own?

    I definitely see kryptocurrency having a bright future, just not sure if that will be through Bitcoin, which if you read into, is compared to a Pyramid Scheme. https://www.cryptocoinsnews.com/fina...yramid-scheme/

    This article is a little biased, but I half agree with it.
    Last edited by Zoinked; 23 Apr 2016 at 7:46 PM.

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    Re: Does anyone invest here?

    Quote Originally Posted by mattstaker View Post
    If I may ask, how many BTC do you currently own?

    I definitely see kryptocurrency having a bright future, just not sure if that will be through Bitcoin, which if you read into, is compared to a Pyramid Scheme. https://www.cryptocoinsnews.com/fina...yramid-scheme/

    This article is a little biased, but I half agree with it.
    BTC is defs not a pyramid scheme, altough other altcoins have been.

    I plan to keep my details confidential.

    BTC is not for day trading, or altcoin trading and exchanging for a quick burst of profit, BTC is a long term investment, and my account is in a Cold Storage Wallet, so I intend to not touch it.
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    Re: Does anyone invest here?

    does anyone play the asx share market game, its a good way to learn when and where to invest ur money
    i made about $500 in last two days


    Sent from my iPhone using Tapatalk

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    Re: Does anyone invest here?

    Quote Originally Posted by v_k_9696 View Post
    does anyone play the asx share market game, its a good way to learn when and where to invest ur money
    i made about $500 in last two days


    Sent from my iPhone using Tapatalk
    I made 4k in 1 day.
    MX2 - ADV - ECO - BUS

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    Administrator Trebla's Avatar
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    Re: Does anyone invest here?

    Quote Originally Posted by v_k_9696 View Post
    does anyone play the asx share market game, its a good way to learn when and where to invest ur money
    i made about $500 in last two days


    Sent from my iPhone using Tapatalk
    Quote Originally Posted by si2136 View Post
    I made 4k in 1 day.
    The sharemarket game is also a good way to get a feel of the short term volatility it experiences (esp in this current environment). You could be on a huge profit one day and lose the lot in the next day.

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    Re: Does anyone invest here?

    Quote Originally Posted by Trebla View Post
    The sharemarket game is also a good way to get a feel of the short term volatility it experiences (esp in this current environment). You could be on a huge profit one day and lose the lot in the next day.
    Definitely. It's a game for a reason, and your given 50k to risk all you want.
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    Re: Does anyone invest here?

    Really want to start, still saving up some capital until the end of this year. Think to invest in eq or maybe commodities.


    Any tips from anyone, rn I am reading up and do some research before I enter the market.

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    Re: Does anyone invest here?

    Gold isn't a bad investment in terms of commodities, plus it can be fun.
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    Re: Does anyone invest here?

    Quote Originally Posted by enoilgam View Post
    Gold isn't a bad investment in terms of commodities, plus it can be fun.
    problem with commodities is you lose the power of compound interest - you never have more gold
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    Re: Does anyone invest here?

    Quote Originally Posted by Rhinoz8142 View Post
    Really want to start, still saving up some capital until the end of this year. Think to invest in eq or maybe commodities.


    Any tips from anyone, rn I am reading up and do some research before I enter the market.
    Make sure you objectively understand the risks of any market you enter and know what your limits are in terms of risk appetite. Obviously be as informed as possible about what is happening in those markets.

    Don't fall into the usual psychological traps like endowment bias, herd mentalities and heuristic decision making (easier said than done though).

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    Re: Does anyone invest here?

    Quote Originally Posted by Rhinoz8142 View Post
    Really want to start, still saving up some capital until the end of this year. Think to invest in eq or maybe commodities.


    Any tips from anyone, rn I am reading up and do some research before I enter the market.

    decent place to start, most are american, but its the principles that count

    https://www.reddit.com/r/personalfin...ki/readinglist
    Veni, Vidi, Vici

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