BTC has been doing fine lately though.
BTC hit 50K too.
I told the employee to put all the money into a stock trading account that I suggested, and to stand by.
If you were such a person, where that amount of money meant a lot to you, where would you put it?
Quote: MDawgAn employee who knows or has heard that I do well in the market has asked me to give a stock tip. Of course, this is the vernacular of people who don't know anything about the market. Has five grand to invest. Five grand means a lot to this person.
I told the employee to put all the money into a stock trading account that I suggested, and to stand by.
If you were such a person, where that amount of money meant a lot to you, where would you put it?
On a vacation to Disneyland :)
Quote: MDawgAn employee who knows or has heard that I do well in the market has asked me to give a stock tip. Of course, this is the vernacular of people who don't know anything about the market. Has five grand to invest. Five grand means a lot to this person.
I told the employee to put all the money into a stock trading account that I suggested, and to stand by.
If you were such a person, where that amount of money meant a lot to you, where would you put it?
Not enough info. Does this person want a ‘safe’ $100 a year from his $5k? Does he want to be risky and try and double it? But at a chance of it becoming $0.
If ‘$5k means a lot’ that implies to me that if they lose it all it will be a very bad thing for this person. Even ‘safe’ stocks are not safe.
Quote: MDawgAn employee who knows or has heard that I do well in the market has asked me to give a stock tip. Of course, this is the vernacular of people who don't know anything about the market. Has five grand to invest. Five grand means a lot to this person.
I told the employee to put all the money into a stock trading account that I suggested, and to stand by.
If you were such a person, where that amount of money meant a lot to you, where would you put it?
VTI
$5,000 will get you a mid-grade Giant size X-Men #1. The X-Men are about to become a part of Disney's MCU and I've been buying whatever copies I can find at reasonable prices.
If the question is what would I tell your hypothetical person? I'd suggest he distance himself from you, count his fingers and take a shower as soon as possible.
Quote: billryanIf the question is what would I do with $5,000?
$5,000 will get you a mid-grade Giant size X-Men #1. The X-Men are about to become a part of Disney's MCU and I've been buying whatever copies I can find at reasonable prices.
If the question is what would I tell your hypothetical person? I'd suggest he distance himself from you, count his fingers and take a shower as soon as possible.
Lol, I think Bill Ryan just called you unclean, possibly leprous.
Quote: MDawgAn employee who knows or has heard that I do well in the market has asked me to give a stock tip. Of course, this is the vernacular of people who don't know anything about the market. Has five grand to invest. Five grand means a lot to this person.
I told the employee to put all the money into a stock trading account that I suggested, and to stand by.
If you were such a person, where that amount of money meant a lot to you, where would you put it?
Duh!! CYDY