Ask HN: I have money, What should I invest it in?

Posted by topraman on Thursday March 20, 2014 @02:10PM
from the ask-hn dept.

Just curious to know success stories are out there of folks that invested in businesses that took off. And any advice they are willing to give? It could by any time of investment such as real estate, stocks, coin laundry, etc... Assume someone had about 30k to start

( 4 comments | 2 points | on HN )

Re:Ask HN: I have money, What should I invest it in? by temuze on Thursday March 20, 2014 @02:18PM (#7437504)

Unless you have a good insight, you're probably not going to beat the market. I'm a big fan of Betterment: https://www.betterment.com/

Make a financial goal, and Betterment will tell you the possible outcomes if you put X% in stocks and 100-X% in bonds. You select a risk level you feel comfortable with and it'll handle the rest for you. It's also like a bank account - you can deposit and withdraw at any time.

As the Wu-Tang Clan said, you need to diversify your bonds: https://www.youtube.com/watch?v=1_rDtmT246s

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Re:Ask HN: I have money, What should I invest it in? by topraman on Thursday March 20, 2014 @02:29PM (#7437588)

Hahaha thanks for the site, and thank you Wu-Tang Financials

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Re:Ask HN: I have money, What should I invest it in? by TomGullen on Thursday March 20, 2014 @02:11PM (#7437455)

The worst thing you can do with your money is make a mistake with it. So make sure you don't rush into anything without fully understanding what you're getting into.

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Re:Ask HN: I have money, What should I invest it in? by sauravt on Thursday March 20, 2014 @02:40PM (#7437657)

You can just give it to me.

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