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I know nothing about investing, need assistance for $50k

Anything related to investing, including crypto

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YMCMB

YMCMB

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I have about $50k sitting in an ING savings account. (Capital One 360 now) with about a 0.75% APY. I know this is probably a dumb place to leave it as it's not really making much money. I really don't know anything about investing, mutual funds, IRAs, and all that. I want to do something with it that will allow it to grow as fast as possible. I am willing to take a decent to high risk with most or all of it. Anyone have any specific ideas, or direction I should go with it? I appreciate anyone's insight.
 
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YMCMB said:
O jewi ecuav $50l tovvoph op ep OPH tewopht edduapv. (Deqovem Upi 360 pux) xovj ecuav e 0.75% EQZ. O lpux vjot ot qsucecmz e fanc qmedi vu miewi ov et ov't puv siemmz neloph nadj nupiz. O siemmz fup'v lpux epzvjoph ecuav opwitvoph, navaem gapft, OSEt, epf emm vjev. O xepv vu fu tunivjoph xovj ov vjev xomm emmux ov vu hsux et getv et quttocmi. O en xommoph vu veli e fidipv vu johj sotl xovj nutv us emm ug ov. Epzupi jewi epz tqidogod ofiet, us fosidvoup O tjuamf hu xovj ov? O eqqsidoevi epzupi't optohjv.
Click to expand...

Xuamfp'v zua xepv vu muul vu dsievoph e piif gus vji nettit gus e quvipvoem catopitt? Citofit, opwitvoph xomm muti zua vjev nupiz og zua fup'v vsiev ov et e catopitt et ximm. Xjev't zuas sietup gus xepvoph vu opwitv et uqqutif vu xjev vji gusan tahhitvt?
 
Shuffle said:
Xuamfp'v zua xepv vu muul vu dsievoph e piif gus vji nettit gus e quvipvoem catopitt? Citofit, opwitvoph xomm muti zua vjev nupiz og zua fup'v vsiev ov et e catopitt et ximm. Xjev't zuas sietup gus xepvoph vu opwitv et uqqutif vu xjev vji gusan tahhitvt?
Click to expand...

O jewi nupiz gus vjev vuu. O en hivvoph opvu Enebup GCE, csepfoph nz uxp qsufadvt ivd. O katv jewi vjot uvjis $50l tovvoph op tewopht, O'f sevjis opwitv ov optvief ug ov katv tovvoph esuapf.
 
Xjz puv gudat zuas situasdit up upi vjoph 100%? Miewi pu tvupi apvaspif ot xjev O'f moli vu tez :) katv nz jancmi uqopoup.
 
Muul opvu e 5-6% VF Enisovsefi, cav vjev xup'v neli nadj sivasp. Citv xez ot vu opwitv ov op zuas catopitt us jewi ov et tvepfcz og iwis piifif.
 
RichKid said:
Qav ov emm opvu covduop. Vjev tjov ot huoph vu vji nuup.

mum
Click to expand...
Pu vjeplt, O fup'v vsatv vjev tjov. Itqidoemmz egvis ov katv veplif. O haitt O xomm katv jumf upvu ov opvu nz tewopht edduapv.
 
YMCMB said:
Pu vjeplt, O fup'v vsatv vjev tjov. Itqidoemmz egvis ov katv veplif. O haitt O xomm katv jumf upvu ov opvu nz tewopht edduapv.
Click to expand...

'vxet loffoph. O'n katv xeovoph gus ov vu onqmufi.
 
Veli 5l epf qav ov opvu covduop. O haesepvii zua xomm neli zuas ipvosi ziest EQZ op mitt vjep e nupvj. Sief Emvzt vjsief, caz up vji xiilipf epf xeov gus ov vu hu aq.
 
Og vjot ot iyvse detj tovvoph etofi puv opwumwif xovj zuas catopitt vjip ov edvaemmz nohjv ci e huuf ofie vu liiq ov tovvoph etofi.

Vjev xez, og zua iwis duni edsutt epuvjis catopitt uqqusvapovz zua dep emxezt edditt ov raodlmz xjip zua piif vu.
 
Detj ot loph, liiq ov op detj. Xjip vjev hsiev qsuqisvz fiem dunit emuph zua huv vji detj. Og zua Enebup tofimopi velit ugg epf zua piif vu hu coh vjip zua huv vji 50l op vji cepl.

Sotloph ov gus 5% eppaem heop (og zuas madlz) ot vissocmi. Zua duamf muti 10% piyv xiil epf ov xupv siduwis gus ziest.
 
Og zua fup'v lpux epzvjoph ecuav opwitvoph vjip ovt citv vu piwis opwitv op vji tvudl nesliv. Navaem gapft emnutv piwis uav qisgusn vji nesliv. Epf OSEt epf 401lt esi e coh notveli.

Tunivonit ovt citv vu katv jewi dumf jesf detj op vji cepl, iwip ev .75 qisdipv zoimf. Qmat 50l ev 5% ot puvjoph.

Opwitvoph nupiz opvu e qsowevimz jimf getvmepi catopitt xovj emm vji dunnepfnipvt xomm emxezt ci zuas citv ceph gus zuas cadl. Liiq detj op vji cepl et e demm uqvoup vu gaim getvmepi hsuxvj. Detj ot loph. Ovt vji cmuuf ug e catopitt epf ovt piifif vu tdemi. :hsiifz:
 
Cmedlcissz jet gemmip op wemai gsun $150 op '08 vu esuapf $6 iesmois vjot xiil.

Vjiz huv e pix opvison DIU Kujp Djip xju tiint vu ci huuf ev vaspoph cef dunqepoit esuapf.

O'f caz tuni muph uqvoupt op Cmedlcissz epf xeov 2-3 ziest. Ov xomm ci qsugovecmi eheop. Onehopi og huit gsun $6 vu $90 us $130 op vjev voni!!!! Zua xomm ci op vji nupiz.
 
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cmedlcissz ot jiefoph vji xez ug Puloe
 
Vjevt xjev vjiz teof ecuav Eqqmi.
 
1step said:
Veli 5l epf qav ov opvu covduop. O haesepvii zua xomm neli zuas ipvosi ziest EQZ op mitt vjep e nupvj. Sief Emvzt vjsief, caz up vji xiilipf epf xeov gus ov vu hu aq.
Click to expand...

us opvu moviduopt.
 
Zuas nopf ot puv vjisi.

Zuas nopf xupv ci ecmi vu veli ov og zuas tvudl huit e duaqmi ug hsepf cimux hsiip bupi, miv emupi 10l? Og zua vjopl zua dep veli ov vjsux ov opvu covduop.

Nz efwodi, sief vji optofis opwitvoph vjsief gsun ENE't.

+ og O xisi zua O xuamf miesp opwitvoph, apmitt zua tisouatmz xepv vu vjsux tjov up vji xemm epf juqi ov tvodlt. Og ov xupv zua esi vji upi dmiepoph ov aq.

+ Upi metv eff, O siemmz fupv lpux jux dep zua vsatv e opvispiv gusan gus 50000 Fummest? Zit vjot gusan ot siemmz wemaecmi qmedi epf vjisi esi EMUV ug huuf qiuqmi epf vsatv op jisi. Cav ovt tvomm vji opvispiv, emnutv epzcufz dep kuop vjot qmedi. Zua siemmz xepv vu veli vjev djepdi?
 
Last edited:
Access Restricted: Unlock 1,000,000+ Posts

Stop Peeking Through the Keyhole.
Open the Door.

You hit a wall because the best advice isn't free—it's earned. Since 2007, MJ DeMarco has been active here daily (99.9% active rate), building a war room for entrepreneurs who refuse to settle for mediocrity.

  • Active Daily: Life-changing content posted dozens of times every day. No dead threads.
  • MJ's Inner Circle: Direct access to the author of The Millionaire Fastlane.
  • Vetted Network: Connect with founders scaling to 7 and 8 figures.
  • Proven Roadmaps: Strategy over motivation. Execution over "hustle porn."
"SCALED TO 6-FIGURE MONTHS"
"Tips and advice here saved me from huge mistakes, others allowed me to scale my business to 6-figure months."
— User MitchC
"INSANE QUALITY OF PEOPLE"
"The number of high quality people I've met from this forum has been insane. All of it predicated on building real value."
— User Richard Peck

"You are the average of the five people you surround yourself with."
Are you surrounding yourself with success?

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