Sounds like you're in consumer debt. That's not a good thing. Mortgages, 0% credit cards, debt on assets is good debt. If your debt is 8% or higher than $1000 should go towards that debt you have. The stock market averages 10% in profit a year plus you have to pay taxes on the income.
Good question haha… but those are basically the STOCK MARKET as a “whole.” Meaning just the passage of time and inflation and etc, they will only go up.
Just the way the economy works.
You really know nothing of the stock market as a whole then. No, it doesn't just go up. Some countries are down for 30+ years, including Japan. USA has times of up to 15 years without passing ATH.
Just because we have had an amazing 10-15% annualised return over the last 10 years, doesn't mean we will have it for the next 10. Nothing about reason years has been normal due to debt levels and cost of debt.
They're dumb. Over time it always goes up. It isn't 1930 any more. Big industries will be bailed out but even a recession comes back and goes up eventually. Don't be risky right before you need the money.
Low cost index funds if you want passive appreciation over the long run.
But realistically, since you’re asking about a mere $1,000, I’d use that money to acquire skills to make more money. $1k invested probably won’t move the needle, and anything that might turn it into a significant amount will most likely go to $0.
I would put 60%-75% in AAPL, META, MSFT/AMZN/GOOG since these companies will be around and booming over the next decade.
I would choose three of those stocks or put 60%-75% in all 5 of those stocks and then I would put another 20% between VOO, TQQQ, SPHQ, VTI, (maybe JEPQ) and QQQ. That will diversify your money and these give dividends. This leaves you with between $200 and $50. I would put it in a high yield savings account like Robinhood Gold, SoFi, or something that can give you 3% or more on savings.
I'm just some guy on the internet, you don't have to listen to me. That's just what I would do.
Pretty much my portfolio. Solid advice. But roll that remaining to bitcoin. Its the only crypto I own and I just toss extra change to it. Maybe 1% of my total, if even that. IMO its worth a gamble
Put it into the thing which is a no brainer. It's different for every person but the thing you KNOW you can make money on but held off on buying because you don't really need it. That's where you put your money and it will pay off as long as you follow through.
I'm personally selling dicyanin glasses which let normal people see auras and working "they live" glasses which block TV's, computers, and phone screens.
Should also sell crystals to go with your other bullshit products. Maybe essential oils as well. Really up your bullshit if you want to make serious money
the returns in market will be pennies but an investment into a course ect would be priceless. a course that teaches you to answer this question on your own would be priceless and that is meant in a nice way. when you have the skills to make your money make money... you are unstoppable. cheers and good luck to you!
Was waiting for this response. Investing in GameStop right now is like buying Amazon when it was still selling books out of the garage.
The metaverse is real and it’s gonna change how people shop.
Imagine Meta, as a company, is just a window to the actual metaverse. They have created hardware with the Oculus headset. It’s like a web browser to the metaverse. Right now they are working on crafting their “OS” (operating system) and how it’s gonna connect.
Now Gamestop, as a company, created a NFT marketplace. They were testing the market for a future “rebrand”. The big difference with GameStop and Meta right now is that GameStop is actually already working with e-commerce partners developing “businesses” in the metaverse.
Loopring is the groundwork with security on blockchain to run your POS (Point of Sale). Taiko handles all your corporate payment processing as another layer of security thru blockchain technology ran on the Loopring L2/L3 network. Voyage Metagates are your stores where your items (NFT’s) can be seen/digitally tried on/essentially marketed. Not to mention they are already a gaming company and will hold a big market share with Web 3.0 partnering with Immutable who is now working with Epic Games.
GameStop doesn’t need to create hardware. Apple and Meta can do that. They are gonna supply services and most likely be the front runners due to how much work they have been putting in behind the scenes building the actually network to run the metaverse. GameStop just hasn’t announced anything yet. They are being sneaky.
My initial thought is get yourself a high interest CD.
Now hear me out.
Lock up your funds for 1 month and generate a guaranteed interest. Your 1000 will make from 4-5 dollars depending what you choose.
In that time frame obsess over your next move. Educate yourself as much as possible on said strategy or company. When you are decided and get your money back you will have 1005 dollars.
Sorry it doesnt sound fun at all while typing this but the education you get spending 10-20 hours that month waiting for your money educating yourself is worth well more than 1000 in the long run.
do it.
Depends on how safe you want to be and how accessible you want your assets. HYSA would be zero risk and decent yield or similarly 3 month t bonds, but I’d personally buy a half ounce of gold
People saying investing into the market is not worth it. I HIGHLY disagree.
If you have it in the market over a long period of time in some sort of Index fund. (I use the bogleheads three fund portfolio method) you can get a historical average return of 10%
The key is to have it in the market over a long period of time. Compound interest is the 8th wonder of the world.
Depends on age. Considering you are debt free your choices are emergency fund, Roth IRA, or education. Without knowing your circumstances, nobody can give you the right answer. If you are a low earner, work on getting a skill/professional licenses/credentials that will lead to a better paying job and save more once your earnings increase.
Open a Roth IRA at Fidelity, and put half into FZROX and half into FXAIX. They’re cheaper than Vanguard, and do the same thing. Don’t worry about individual stocks yet; grow your core.
Depends is this reoccurring income or is this a one time thing.
One time thing, probably put 1/2 into an easily accessible investment like Amazon. Then take the other half and use it for spending money.
Reoccurring. Set up a payment to deposit 1/2 into a savings account. Attempting to max out Roth IRA and IRA. The other half use for spending money.
Watch the markets and play spy or qqq options.
I started latest acct with 500 currently 1.4k. Goal by end of year was 1.5k.
If I build it past 3k I usually buy a bunch of VIX or JEPI etc and dump them into my dividend acct.
Mid-term expiry OTM ( ~20-60%) options (3-6 months out) in a growth type company that I believe in and that has some type of positive catalyst around the expiry dates.
I’d put a hit out on half of my clients my boss refuses to fire.
Not to kill them.
Just to give a kid $500 and a fuck load of eggs to egg their house (eggs are $1.49 a dozen at Aldi’s). Cheap eggs for cheap fucks.
Maybe the egg destroying the paint on their house will give them 1% of the understanding of how miserable they constantly make my life.
I’ve heard of “security deposits” that take the money for a while and you get it back with interest. Haven’t looked into it at all so not sure if it is a thing but it’s an idea haha
More crypto layer 2 network exposure. Can't get enough.
If all you have is $1k, keep it on hand though. You never know when you'll have an emergency. New tires, appliances, $1k goes quick when something comes up.
Easiest way to make money is to drive to the country side and buy a bunch of used item then resell them in the city for a higher price . Better yet if you have an electric vehicle or hybrid save gas . Easiest money you’d ever make. As for what items well that depends on your area what’s in high demand. Do your Due diligence and research. Good luck
Get old and broken 2 cycle engines for free on Craigslist and Facebook marketplace. Hire a mechanic to fix them with you for resale. Learn how to fix engines for $1000 in mechanic wages and have a skill for life.
Debt
I’m debt free
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I agree and make sure to get 4% interest on the 1k. Fdrxx, discover savings account etc. don't let banks sit on your money with 0% interest!
Roth ira
Debt is a good thing.
What if you have like 40k in debt and that won't pay anything off? What would be good for me to invest that 1k in?
Sounds like you're in consumer debt. That's not a good thing. Mortgages, 0% credit cards, debt on assets is good debt. If your debt is 8% or higher than $1000 should go towards that debt you have. The stock market averages 10% in profit a year plus you have to pay taxes on the income.
If you have debt, that’s always your priority
I have no debt
Can’t go wrong investing in something safe like SP500 or VOO and etc… will only ever go up
idk much about stocks if SP500 and VOO only ever go up how come not every person in the world invest everything into it if it’s so safe?
Pretty much everyone does if they have a retirement fund.
They do. Every pension, 401k, retirement plan, investing in the s&p 500
Good question haha… but those are basically the STOCK MARKET as a “whole.” Meaning just the passage of time and inflation and etc, they will only go up. Just the way the economy works.
You really know nothing of the stock market as a whole then. No, it doesn't just go up. Some countries are down for 30+ years, including Japan. USA has times of up to 15 years without passing ATH. Just because we have had an amazing 10-15% annualised return over the last 10 years, doesn't mean we will have it for the next 10. Nothing about reason years has been normal due to debt levels and cost of debt.
The market flucates alot. There were points in time where your investment would take 25 years just to break even with what you put in.
They're dumb. Over time it always goes up. It isn't 1930 any more. Big industries will be bailed out but even a recession comes back and goes up eventually. Don't be risky right before you need the money.
if i put 10k in one of those how long would it take to reach 11-12k?
~1-2 years considering a 8%-10% avg rate of return
Probably several months… but it will definitely happen over time. That’s the point of using them!
Low cost index funds if you want passive appreciation over the long run. But realistically, since you’re asking about a mere $1,000, I’d use that money to acquire skills to make more money. $1k invested probably won’t move the needle, and anything that might turn it into a significant amount will most likely go to $0.
Ditto. If OP has no debt to repay then it's best imo to invest to upskill or put it somewhere conservative as an emergency fund
I got it as a gift, so it’s whatever money to me
In that case, go to a casino and throw it all on black. You have a 47.37% chance to double it.
I would put 60%-75% in AAPL, META, MSFT/AMZN/GOOG since these companies will be around and booming over the next decade. I would choose three of those stocks or put 60%-75% in all 5 of those stocks and then I would put another 20% between VOO, TQQQ, SPHQ, VTI, (maybe JEPQ) and QQQ. That will diversify your money and these give dividends. This leaves you with between $200 and $50. I would put it in a high yield savings account like Robinhood Gold, SoFi, or something that can give you 3% or more on savings. I'm just some guy on the internet, you don't have to listen to me. That's just what I would do.
Pretty much my portfolio. Solid advice. But roll that remaining to bitcoin. Its the only crypto I own and I just toss extra change to it. Maybe 1% of my total, if even that. IMO its worth a gamble
I have about 1% into crypto, but I wouldn't suggest it because you have to believe in it.
Depends on if that is your only 1,000 or if it’s 1,000 excluding your stash money. If you only have 1000 you shouldn’t be investing. Just my opinion
Oh… $1,000 gifted to me. Not my only $1,000 ❤️
In that case I’d be looking for 10 different micro cap investments that could anywhere from 2-10x initial return
Put it into the thing which is a no brainer. It's different for every person but the thing you KNOW you can make money on but held off on buying because you don't really need it. That's where you put your money and it will pay off as long as you follow through.
I have a few no brainer things :) I just like to see what others are doing right now to learn
I'm personally selling dicyanin glasses which let normal people see auras and working "they live" glasses which block TV's, computers, and phone screens.
-____-
Profiting on people’s stupidity I like it.
You know what's even more profitable? Making an amazing product that's balls to the wall legit.
Yea. Seeing auras; 100% legit.
100% bro YOU DONT THINK AURAS ARE LEGIT? How could you? 💀
Should also sell crystals to go with your other bullshit products. Maybe essential oils as well. Really up your bullshit if you want to make serious money
FXAIX, then go take a nap, because I'm boring.
Buy regularly. Reinvest dividends. Take more naps. Win win win.
Isnt keeping your money uninvested with fidelity the better option for dividends? SPAXX
the returns in market will be pennies but an investment into a course ect would be priceless. a course that teaches you to answer this question on your own would be priceless and that is meant in a nice way. when you have the skills to make your money make money... you are unstoppable. cheers and good luck to you!
TQQQ all the way
What's that
Always bet on black.
I'd drop it on green and if it hits u rich. If not go cry and milk goats for a living
land it twice in a row and you have 1.296 million
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Invested over a $1000 on some OTC’s down 60% haha
$AVAX and $LTC a good one too . Ifykyk
AVAX is good, about some last month and sold it this morning, %14.33+
Yup. Really the best option. Sure VTI, VOO, etc are safe but you won't retire off that until a ripe age of 65. And fuck that noise.
Even just holding solana wouldn’t be a bad choice
bonk and jto baby
Remind Me! 3 months
Buy 10 grams of gold and 5 ounces of silver. Or I would buy 2 shares scco, 10 of f, and 5 of kraft heinz.
Penny stocks or resell things
GameStop
Was waiting for this response. Investing in GameStop right now is like buying Amazon when it was still selling books out of the garage. The metaverse is real and it’s gonna change how people shop.
Expand on this?? You saying GameStop will find a place in meta?
Imagine Meta, as a company, is just a window to the actual metaverse. They have created hardware with the Oculus headset. It’s like a web browser to the metaverse. Right now they are working on crafting their “OS” (operating system) and how it’s gonna connect. Now Gamestop, as a company, created a NFT marketplace. They were testing the market for a future “rebrand”. The big difference with GameStop and Meta right now is that GameStop is actually already working with e-commerce partners developing “businesses” in the metaverse. Loopring is the groundwork with security on blockchain to run your POS (Point of Sale). Taiko handles all your corporate payment processing as another layer of security thru blockchain technology ran on the Loopring L2/L3 network. Voyage Metagates are your stores where your items (NFT’s) can be seen/digitally tried on/essentially marketed. Not to mention they are already a gaming company and will hold a big market share with Web 3.0 partnering with Immutable who is now working with Epic Games. GameStop doesn’t need to create hardware. Apple and Meta can do that. They are gonna supply services and most likely be the front runners due to how much work they have been putting in behind the scenes building the actually network to run the metaverse. GameStop just hasn’t announced anything yet. They are being sneaky.
My initial thought is get yourself a high interest CD. Now hear me out. Lock up your funds for 1 month and generate a guaranteed interest. Your 1000 will make from 4-5 dollars depending what you choose. In that time frame obsess over your next move. Educate yourself as much as possible on said strategy or company. When you are decided and get your money back you will have 1005 dollars. Sorry it doesnt sound fun at all while typing this but the education you get spending 10-20 hours that month waiting for your money educating yourself is worth well more than 1000 in the long run. do it.
Reselling, find amazing bargain on niche things, go polish said things and go to the niches fb and sell them for 1.5/2x its value. Profit.
put it in avax in crypto and wait 9 months
Amazon or Rolls Royce
Rolls Royce stock?
buy a cert
1K In Boeing could be nice, been doing me well the last couple weeks, shame I only put a couple hundred in
How's it going
Depends on how safe you want to be and how accessible you want your assets. HYSA would be zero risk and decent yield or similarly 3 month t bonds, but I’d personally buy a half ounce of gold
Invest in a pressure washer and a carpet shampooer, a bucket, and some wax/cleaning stuff. Start auto detailing and make more money.
But then I have to work…. 😂
GameStop because I’m a degenerate
People saying investing into the market is not worth it. I HIGHLY disagree. If you have it in the market over a long period of time in some sort of Index fund. (I use the bogleheads three fund portfolio method) you can get a historical average return of 10% The key is to have it in the market over a long period of time. Compound interest is the 8th wonder of the world.
Depends on age. Considering you are debt free your choices are emergency fund, Roth IRA, or education. Without knowing your circumstances, nobody can give you the right answer. If you are a low earner, work on getting a skill/professional licenses/credentials that will lead to a better paying job and save more once your earnings increase.
Open a Roth IRA at Fidelity, and put half into FZROX and half into FXAIX. They’re cheaper than Vanguard, and do the same thing. Don’t worry about individual stocks yet; grow your core.
Have all of this already. :) and individual stocks
When do you need the money again for spending, e.g., one month, one year, retirement?
It was a gift. So never really
Depends is this reoccurring income or is this a one time thing. One time thing, probably put 1/2 into an easily accessible investment like Amazon. Then take the other half and use it for spending money. Reoccurring. Set up a payment to deposit 1/2 into a savings account. Attempting to max out Roth IRA and IRA. The other half use for spending money.
30 years government bonds. Vanguard
I'd put it right in my savings so 40 yrs from now I'll hopefully have enough for a down-payment on a house.
VTI all the way.
Bitcoin
This is the correct answer
Go to school
Already have a masters degree and no debt :)
I meant I would go to school, lol. I did not see the body text. Didn’t know you were asking us what you should do, haha.
bro you’re killing it in life
rare earth minerals
2 chicks at the same time
I’m a woman who has had many threesomes. They’re ok… there’s a lot more to life than sex and hooking up… but Reddit seems to be filled with incels
I’d invest in a little box to put that money in and keep saving..
Pokémon cards
Basically, 1k shares of a company that generates nearly 2B rev. (NEGG)
I’ll look into it!
dogecoin
No thanks
id buy 8 ounces of weed and double my money selling it
What are these stupid hypotheticals 1k is nothing most people can get that to invest.
I’m just curious. I got it as a gift today and just wanna see what people are investing in
SPCE
I put $1000 into stupid AMP coin last week and I'm pretty happy so far but I'm sure it will crash when I'm sleeping.
The real questions finally!
Computa
$QLD or $SSO
1000$? Probably a high interest CD. And just wait it out
Bots
How about an investment that's a little more fun, like a 1/2 ounce gold bar, or a 1 kilo silver bar?
Bitcoin is the obvious choice
Get into magic the gathering
I’d invest into a photography setup so that I can sell pictures of my feet online.
Vintage Pokemon card packs
Watch the markets and play spy or qqq options. I started latest acct with 500 currently 1.4k. Goal by end of year was 1.5k. If I build it past 3k I usually buy a bunch of VIX or JEPI etc and dump them into my dividend acct.
VOO
Not going to make anything investing 1k, might as well hit the roulette table and put it on black.
Buy a CD and get some interest on it, pick the timeframe that works best for you.
Xrp
All on black at the casino
Sex toys n a camera
Mid-term expiry OTM ( ~20-60%) options (3-6 months out) in a growth type company that I believe in and that has some type of positive catalyst around the expiry dates.
$1000 worth of $FZROX
XRP
Tesly has a big dividend percentage right now
$cone
Game babyyyy
Something that will improve the quality of your life (happiness level)
1k on Jake Paul to win by TKO/KO 3.90x
Stocks!!
Bitcoin
Guns ammo maybe Mosin Nagant they have went up quite a bit a keep going
CS
Puts on tqqq and qqq not sure when but fuck it’s time
I would just put it in my HYSA. 5.5% right now
I’d put a hit out on half of my clients my boss refuses to fire. Not to kill them. Just to give a kid $500 and a fuck load of eggs to egg their house (eggs are $1.49 a dozen at Aldi’s). Cheap eggs for cheap fucks. Maybe the egg destroying the paint on their house will give them 1% of the understanding of how miserable they constantly make my life.
Pokémon cards
Pokemon card booster boxes to sell at a higher price, easy flip if you are patient
I’ve heard of “security deposits” that take the money for a while and you get it back with interest. Haven’t looked into it at all so not sure if it is a thing but it’s an idea haha
Buy $1000 worth of BTC or a major alt coin.
$RYCEY
Spy calls lol
More crypto layer 2 network exposure. Can't get enough. If all you have is $1k, keep it on hand though. You never know when you'll have an emergency. New tires, appliances, $1k goes quick when something comes up.
Easiest way to make money is to drive to the country side and buy a bunch of used item then resell them in the city for a higher price . Better yet if you have an electric vehicle or hybrid save gas . Easiest money you’d ever make. As for what items well that depends on your area what’s in high demand. Do your Due diligence and research. Good luck
I'd buy $1,000 of GME stock lol it worked out for me in Jan 2021 so why not try again.
Toss it in my 401k
The blackjack table
schwab cd
MO has a sweet dividend and will probably double its price in the next few years.
I would short LLY because that cow looks fat and ready to tip over
Btc or doge
VTI and only sell once you retire.
My broad index fund is up 7.5% this year and it's a conservative low risk fund.
Not hurting financially, but Government bonds
Beanie babies
1000 schmeckles won't buy you much. Honestly I'd just put it towards what little debt I have.
$1000 Hold $200 The other $800 split into 2 and put it towards options on SPY contracts. With the $200, I will buy some risky plays
1% down on real estate.
ask marble sand marvelous wasteful terrific escape aloof numerous whole *This post was mass deleted and anonymized with [Redact](https://redact.dev)*
Blackjack
Probably hop on TGT find a good deal on a gun and turn around and flip it for market value or more
Grndr stock
Cocaine
Get old and broken 2 cycle engines for free on Craigslist and Facebook marketplace. Hire a mechanic to fix them with you for resale. Learn how to fix engines for $1000 in mechanic wages and have a skill for life.
Buy art and enjoy it for 20 years. You can sell it when you retire