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Re:Ask HN: How would you invest $20k? by brudgers on Monday June 07, 2021 @10:03AM (#27422731)
Finding mispriced assets requires dumb luck. With $200,000,000 you can look for someone taking their returns or liquidating a position.

You can buy a profitable business for its future cash flow at market rate. It with adequate capital becomes a matter of not experiencing bad luck versus getting lucky.

At $20k the rate of return for money is swamped by the rate of return for time. There are better uses of time than seeking high return rate investments.

Saving the money means if you stumble upon one, the money is there available quickly. It is also an acknowledgment that you are relying on dumb luck not beating the market.

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