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Lounge => General Discussion => Topic started by: FlowerBomb on January 24, 2019, 05:51:18 AM

Title: Do any of you invest?
Post by: FlowerBomb on January 24, 2019, 05:51:18 AM
Am thinking of starting but  :bvy:
Title: Re: Do any of you invest?
Post by: Navyman on January 24, 2019, 05:53:24 AM
Hell yeah. I love the rush of investing!
Title: Re: Do any of you invest?
Post by: FlowerBomb on January 24, 2019, 05:55:50 AM
Quote from: Tonkaman on January 24, 2019, 05:53:24 AM
Hell yeah. I love the rush of investing!
Has it paid itself off? Like is it WORTH it?!?!
Title: Re: Do any of you invest?
Post by: Navyman on January 24, 2019, 06:18:18 AM
Quote from: Hey, I'm Slick Woods on January 24, 2019, 05:55:50 AM
Quote from: Tonkaman on January 24, 2019, 05:53:24 AM
Hell yeah. I love the rush of investing!
Has it paid itself off? Like is it WORTH it?!?!
No. It hasn't paid off as of yet, and I'm ok with that. That's what investing in. I just seriously started doing in the middle of last year. And that's a skill in investing that most people don't have, it's patience. I'm looking to be set for life 3-5 years from now and set for generations like 10 years from now.

Never invest what you're not willing to lose or can't afford to lose or money you will need in the near future. But it is worth it, because I'm young with no kids etc so I can take on the risk and bounce back from it, if things don't go according as planned.
Title: Re: Do any of you invest?
Post by: FlowerBomb on January 24, 2019, 06:21:40 AM
Quote from: Tonkaman on January 24, 2019, 06:18:18 AM
Quote from: Hey, I'm Slick Woods on January 24, 2019, 05:55:50 AM
Quote from: Tonkaman on January 24, 2019, 05:53:24 AM
Hell yeah. I love the rush of investing!
Has it paid itself off? Like is it WORTH it?!?!
No. It hasn't paid off as of yet, and I'm ok with that. That's what investing in. I just seriously started doing in the middle of last year. And that's a skill in investing that most people don't have, it's patience. I'm looking to be set for life 3-5 years from now and set for generations like 10 years from now.

Never invest what you're not willing to lose or can't afford to lose or money you will need in the near future. But it is worth it, because I'm young with no kids etc so I can take on the risk and bounce back from it, if things don't go according as planned.
best thing I've read on here in months.
I'm gonna do it
Title: Re: Do any of you invest?
Post by: Navyman on January 24, 2019, 06:52:05 AM
Quote from: Hey, I'm Slick Woods on January 24, 2019, 06:21:40 AM
Quote from: Tonkaman on January 24, 2019, 06:18:18 AM
Quote from: Hey, I'm Slick Woods on January 24, 2019, 05:55:50 AM
Quote from: Tonkaman on January 24, 2019, 05:53:24 AM
Hell yeah. I love the rush of investing!
Has it paid itself off? Like is it WORTH it?!?!
No. It hasn't paid off as of yet, and I'm ok with that. That's what investing in. I just seriously started doing in the middle of last year. And that's a skill in investing that most people don't have, it's patience. I'm looking to be set for life 3-5 years from now and set for generations like 10 years from now.

Never invest what you're not willing to lose or can't afford to lose or money you will need in the near future. But it is worth it, because I'm young with no kids etc so I can take on the risk and bounce back from it, if things don't go according as planned.
best thing I've read on here in months.
I'm gonna do it
Make sure you do your due diligence on whatever you invest in. Just as there are amazing opportunities, their are scammers and people trying to get over on others out their also. Never get pressured into anything, use your discernment to weed out the BS.

Do you have an idea of what type of Investments you're looking for?
Title: Re: Do any of you invest?
Post by: FlowerBomb on January 24, 2019, 07:15:06 AM
Well I'm thinking of starting small and simple and looking into things like M1, Evester & Moneyfarm
Title: Re: Do any of you invest?
Post by: Navyman on January 24, 2019, 07:21:03 AM
Quote from: Hey, I'm Slick Woods on January 24, 2019, 07:15:06 AM
Well I'm thinking of starting small and simple and looking into things like M1, Evester & Moneyfarm
I've never heard of those. What field do they fall under? Insurances?

Real estate is always a good field to invest into also. We will always need places to live.
Title: Re: Do any of you invest?
Post by: FlowerBomb on January 24, 2019, 07:29:12 AM
Quote from: Tonkaman on January 24, 2019, 07:21:03 AM
Quote from: Hey, I'm Slick Woods on January 24, 2019, 07:15:06 AM
Well I'm thinking of starting small and simple and looking into things like M1, Evester & Moneyfarm
I've never heard of those. What field do they fall under? Insurances?

Real estate is always a good field to invest into also. We will always need places to live.
!! My partner is starting to get into real estate himself and from I've seen so far the returns are more than worth it
They're kind of Robo-Apps that kinda allall the work, but I'm still looking into stuff
so many companies, so many fields so little time :'(
Title: Re: Do any of you invest?
Post by: Kurama on January 24, 2019, 09:46:10 AM
I want to start but financial literacy to that extent is hard to learn solo for me