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What to do with $500?

by FatNutty - 07 November, 2021 - 06:10 AM
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#1
Hey guys, I came across $500 I can use to invest with. I do not like to do long-term investments. I love short-term, as of right now I'm 18 and trying to find ways to get cash quickly. I do have extra time to do things.

What I'm Currently In

- Yield farming
- Meme Coins
- Defi space

I do want to start multiple side hustles and cryptocurrency is one thing I really wanna strive in as I do believe it's the future.

I hope to be more active and bring forward some good ways of making that bread.

NutMan.
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I would recommend getting into some day trading, like $100 in that, and get into stock servers that you can get recommendations for what stocks to buy (I made $700 in a day doing this, off of just $100), and then after that, I would recommend something completely different, possibly e-commerce, or a small online business you can open, and then market it, and if that goes good, you are looking into the thousands.
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For short term investments, i would recommend reading r/wallstreetbets. Sometimes people hit it big on pennystocks and there's solid recommendations there. On the otherhand if you want to make money with some risks you can buy E-book money making methods and make money but most of those require time and some skill.
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(07 November, 2021 - 06:24 AM)Bufella Wrote: Show More
S&P 500

I understand the S&P 500 has proven to be profitable over the years. But I would need big capital to really make it worth anything. $500 wouldn't make a dent in my opinion. Thanks for the response.
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(This post was last modified: 07 November, 2021 - 06:33 AM by FatNutty.)
(07 November, 2021 - 06:22 AM)Nixterzfanz Wrote: Show More
I would recommend getting into some day trading, like $100 in that, and get into stock servers that you can get recommendations for what stocks to buy (I made $700 in a day doing this, off of just $100), and then after that, I would recommend something completely different, possibly e-commerce, or a small online business you can open, and then market it, and if that goes good, you are looking into the thousands.

I currently am going to school so day trading wouldn't really work, but in the upcoming months I requested to have one class in person and rest online so I have more time to work on researching and working on projects I set back for a while. I started a linktree type of website and gave up on that but will be focusing on it more.

(07 November, 2021 - 06:24 AM)Tampio Wrote: Show More
For short term investments, i would recommend reading r/wallstreetbets. Sometimes people hit it big on pennystocks and there's solid recommendations there. On the otherhand if you want to make money with some risks you can buy E-book money making methods and make money but most of those require time and some skill.

I will have to make some time at night to do some research but, I understand the pennystocks way its similar to meme coins. E-book money making methods isn't a bad idea, I did read a lot nut granted they were all leaks so I don't really know if they were really good. I probably will get into reading some e-books. :)
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(This post was last modified: 11 November, 2021 - 06:59 AM by Nixterzfanz.)
(07 November, 2021 - 06:30 AM)FatNutty Wrote: Show More
(07 November, 2021 - 06:22 AM)Nixterzfanz Wrote: Show More
I would recommend getting into some day trading, like $100 in that, and get into stock servers that you can get recommendations for what stocks to buy (I made $700 in a day doing this, off of just $100), and then after that, I would recommend something completely different, possibly e-commerce, or a small online business you can open, and then market it, and if that goes good, you are looking into the thousands.

I currently am going to school so day trading wouldn't really work, but in the upcoming months I requested to have one class in person and rest online so I have more time to work on researching and working on projects I set back for a while. I started a linktree type of website and gave up on that but will be focusing on it more.

(07 November, 2021 - 06:24 AM)Tampio Wrote: Show More
For short term investments, i would recommend reading r/wallstreetbets. Sometimes people hit it big on pennystocks and there's solid recommendations there. On the otherhand if you want to make money with some risks you can buy E-book money making methods and make money but most of those require time and some skill.

I will have to make some time at night to do some research but, I understand the pennystocks way its similar to meme coins. E-book money making methods isn't a bad idea, I did read a lot nut granted they were all leaks so I don't really know if they were really good. I probably will get into reading some e-books. :)

Or you could go off and invest that money (I.E. a Yahoo checker), find a private supplier, which your first like 2k hits from your supplier + a really good checker (some don't even require proxies), would lay you back around $500, but it makes BANK... My friend sells them bulk and makes fucking bank bro.  You got to be ready to invest it tho.
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