Boomer electrical engineer childfree uncle who looked like pic related died a few days ago and left me 3,100 MSFT.
I know nothing about this shit biz, my total investments in life are a set of antique silverware and 10k of cc debt. I know that hanging on to shitty microsoft stocks is probably a bad idea?
I was thinking the smartest move is probably to buy bitcoin now that its so low but i do know from lurking around here that theres more to be made from the more obscure crypto.
Dude you're going to get a lot of conflicting and hyperbolic and deliberately inaccurate information from this board. I will just say this, Jow Forums is absolute obsessed with the following project: >chain.link/ The most concise rundown of the project is actually by the CEO last year, and you can read it here: >medium.com/chainlink/chainlink-an-overview-and-our-focus-14f03335b803 You will probably run into some terms and concepts you don't understand. When that happens, do a little background research. If you actually do your due diligence on this you will get very, very excited. If you can't be fucked with any of it, just buy as many LINK tokens as you can on the site binance.com, and don't sell any until a couple of years have passed. Best of luck, this could literally be a life changing moment for you.
Tyler Lewis
please don't trust biz with advice. Talk to a financial planner. With that much stock you could pay off your credit card debt in 2 years without even selling a single stock!
at current price, you'll get about $5,200 per year from dividend payments alone. You'll get 42 cents per stock which you can usually choose to cash out or reinvest into more stock (buybacks).
I'll admit I got into crypto late so I am biased but be fucking careful. It's really easy to lose money if you're a fucking idiot and know nothing. Best thing you could do would be to buy bitcoin now and sell it when it goes up a little bit. If you gamble with altcoins you are playing with fire. There is no rhyme or reason to which alts do well. If you decide to go with alts, best thing you can do is look which have the most hype. That's it. Don't bother spending hours doing research to find a token that solves a real world problem and then expect to get rich because of how obvious it is. If you do that and really believe in the coin you'll have to wait years.
That's what I did last December. Dumped over 2 grand into two promising cryptos, one with a working product already. Since then both of those are worth half what they were (and that is half in terms of bitcoin, since bitcoin itself has declined, I know have about 1/4 of my initial investment).
With that much stock you can conceivable plan for an early retirement if you play your cards right. Don't invest anything into crypto that you aren't willing to lose completely. If you put $30k into cryptos and are not okay with the idea that it may be worth zero dollars tomorrow than the crypto market is not for you.
Bitcoin isn't low. The bubble still hasn't deflated all the way. $6K for a virtual coin with almost no real world adoption?? Get fucking real. Buy Bitcoin when it's back under $300. until then stay away from all crypto unless you like losing money
Connor Jenkins
>CL >dividends
Do yourself a favor op and don't listen to anyone
Keep the msft because there is a 100% chance your uncle knows better than you do
Don't move it until you spend 10,000 hours researching a better alternative
Henry Gonzalez
Dont listen to the retarded bagholders on here, ask actual people who know about business and finance
Ayden Price
Just baghold, maybe reinvest the dividends into something else.
Mason Diaz
Here's your ideal long term crypto portfolio: >100K LINK - $30K >21 XMR - $20K >21 BTC - $135K >20M HOT - $13K Use some of the money to buy yourself some nice shit, like asian hookers and new clothes, and to pay off your CC debt. Put the rest into gold, carry on with life for a few years oblivious to your investments. After that time passes, you're a fucking king among men.
Hudson Scott
bitcoin is incredibly low. it is guaranteed new world currency because it has efficiencies over trad currency, and markets destroy inefficiencies.
$1M+ is coming soon
Juan Hall
I would sell and invest in an index fund. Pay off credit card debt. Let it sit there and once you learn things then take it out.
Austin Morris
3100 MSFT ~ $310,000
get 10 BTC so you have $10M in savings in 5 years (cost $60k now or so)
pay off your debt ($10k)
create an emergency only rainy day fund (monthly expenses x 6-12)
put the rest in bonds & mutual funds with a low cost provider like fidelity. bond percentage = your age, 30 yo boom boomer = 30% bonds, 70% stocks
Caleb Scott
Really glad I happened upon this thread. You're going to want to take some profit pretty soon here, OP...
You don't find obvious short setups like this very often.
MSFT is extremely overvalued right now. Might not be a bad idea to sell. Don't fucking listen to anyone in this thread who tries to shill crypto though. Do a lot of research and buy undervalued blue chip stocks.
Ian Diaz
You go 40% stocks index fund. 40% bond index fund. 10% gold bullion 10% other
Daniel Walker
All in AMD
Lincoln Phillips
If it is true that your uncle looked like pic related you know what to do: Buy MNST to honor him
Zachary Powell
That’s over $300k, congrats. Sell while the market is high, buy yourself some link and bitcoin cash. Wait a couple years. Congrats on your first million.
Landon White
ALL IN HOLO NOW
Grayson Taylor
Proceed further.
Juan Rogers
Sell it to pay off the debt nigger. You’re being raped by the credit kikes.
William James
dont trust people shilling $LINK, keep the stock, if you want to try bitcoin, buy some with the dividends
Isaiah Ward
Do you have a house OP? Because you can buy a house with that kind’ve money or at least make a fat down payment for any house you want.
Landon Moore
What on earth makes you think Bitcoin will ever hit 300$ again
Elijah Cook
fucking linkies again, fuck off nobody wants your bags