I'm 33 with 175k in savings, what should i be doing with my money?

only if you can predict the future. otherwise, statistically you're bettering off investing now than trying to time it.

bond ladder and buy equities once we hit recession

is it that crazy to predict that we'll have the same type of financial crisis that our economy seems to keep having every decade or so?

I dunno what kind of "bad investments" you lost in, but if you're worried about that you can talk to a financial advisor. Explain whether you're wanting an aggressive or conservative portfolio and they can direct you where you need to go. But consider meeting these advisors like it's a job interview for them. If you don't get a good feeling from them, or don't think their ideas line up with yours, move on to the next one before you feel comfortable.

buy LINK retire in 3 months

jesus christ youve been hodling cash for years? fucking idiot

Better to move to equities now. If you don't plan on starting a business or investing in individual equities/private companies, then time in the market > timing the market almost every single time. Make sure to fill your tax advantaged accounts first.

>marginer
What does it mean?

>I dunno what kind of "bad investments" you lost in
a mutual fund that had been a great performer prior to 2007, and then got rekt
a biotech that went nearly to 0
a dissolving pulp company that got rekt

sigh

If you have the right holdings, and are in for long term, you can wait a crash out. If someone is 33, they have 30 years to wait out a correction, if they hold blue chip and other long term investments. Buy and forget. Crashes only hurt day traders and people living off interest - ie. retired people.

You should put it all in on a shitcoin where you’ll lose 90% of it’s value in 6 months

no, but the issue is when. you could be sitting on your money for years waiting for a crash while it loses value and the market climbs

No reason necessarily to try and snipe a good company. What's wrong with an ETF?

wanted sick gainz

Lol. Lets see what shit op is pageeting.
inb4
>Thanks user [shitcoin] sounds interesting. You have challanged and overcome my misconceptions.

up

how did you only have 175k saved up lol?
im only 22 but i earned 300k the last bull run
i would reccomend stop buying stuff like starbucks coffee

*shrug* idk im just a poorfag

Dividends u brainlet

Never hodl dollars, especially in a savings account. they lose value daily. Literally do anything else except hodl dollars.
My advice? Go all in on something that gives decent returns per year depending on how much risk you're willing to take (BIX, CLAMs, dividend paying stocks like Verizon, CD accounts, etc) and just enjoy free money till you figure out what you actually want to do with it.

DYOR on some golden bullrun projects

denverweed.com/conventments-upcoming-b2b-iot-platform-potential-streamline-colorados-cannabis-industry/

what is bix?
by CLAM you mean that shitcoin that lets people gamble with dice, right?

dude
80% in low fee index funds
10% crypto
10% cash for emergencies

its not that fucking hard

i'm more concerned about market timing, i guess. whether it's foolish to invest now.

e.g. look at the shiller p/e. at near all time highs
interest rates are nearly as low as they can go. if we have another financial crisis it's going to be difficult for the fed to respond. many countries are showing signs of financial instability (china, turkey, various EU countries, among others)

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look at all of the most successful investors for the last 100 years
how many of them believe in timing and trading?
how many of them buy and hold value?

BIX is bibox's exchange token that shares profits with you. Currently has something like 30% ROI. There's other exchange tokens to chose from; that just happened to be the first one that came to my head
Yes, those clams. Also has like 30% ROI if you stake on stakingunited

they may not believe in market timing but they definitely believe in shifting to a greater cash balance when valuations are high. and many professional investors do not have the luxury of having a significant amount of money in cash even if they might want to, because being in cash means that short-term there is a greater chance you'll underperform your respective index, even though long-term it gives you greater flexibility to go after deals. see: warren buffet on cash as a call option, or the fact that fairholme allocation fund presently is 45% cash and cash equivalents

Max out a Roth IRA account with a focus on dividend yeilding funds (low-fee ETF's from Vanguard, REIT's and some blue chip and mid-cap stocks), focus on accumulatio since you have multiple years of compounding interest to work in your favor.

After maxing your Roth IRA for the tax advantage, get a regular low fee/free brokerage account to put money into the market. (I like M1 Finance and if you would like a referral link just let me know)

Hold some cash aside for when the market corrects and you can expand your position in quality companies.

Have some emergency money set aside as well 6 month to 1 year (whatever you can afford) that will allow you to survive in case of an emergency or job loss.

Invest in yourself with education in areas that can help generate more capital.

Consider investing in income generating assets, such as rental properties, it's not easy passive income but one you put in a little elbow grease it can help somewhat automate the income process.

Invest in things that will improve the quality of your life, such as quality clothing, better quality food and a new bed (you'll spend most of your life on it, might as well drop some cash to make it worth your time)

Consider any necessary living/medical costs for your parents and yourself when you are older.

After that focus on yourself in both the career sense and health sense and try to avoid as much stress as possible.

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srsly how did you lose money? you would have just been out of school so even if you got hit in 2008 it would still be notionally small, and if that is ur allocation then there is no way youvr shorted anything or been in crypto

see havent been in equities in a while

this kind of thinking is exactly why you have less than 4% my nw
think about the time it took you to develop those ideas, back test them (which im sure you have?) and then the +ev over value based investing, if any
now consider that time versus the additional monetary value you could have gained

ive said it once ill say it again: every trader makes tons of money, just ask them
but somehow none of them end up rich
funniest thing

do NOT listen to this retard. equities are at all time high. you buy now you WILL get justed. keep your money in cash and wait for the crash. scoop up cheap stocks in a year or two after the collapse.

you went from asking for help after fucking up trying to beat the market, to talking about how some chart can tell you how to beat the market.

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touche

you got lucky little faggot. dont act like you're a financial genius because you stumbled into a huge speculative bubble.

Yeah, they say don't time the market but someone buying btc at 17k as soon as they heard about it was clearly a stupid move. Waiting for a better entry point is always a risk but so is putting your money in whenever. As far as stocks are concerned putting a bunch in after the money printer has been running hot seems like a dumb move, but maybe I'm a brainlet.

buy leaps in SPY dont be a homo

>and the rest in cash.

Get the fuck out of cash and invest it in VFIAX index fund.

When you retire at 70, do you want your money to be worth 1/5 of what it's worth now, or worth 20x what it's worth now?

That's the difference between holding cash and holding an index fund.

lmao you fucking retard

Im 18 and had $1.3 mill at the peak.
kys. literally just got lucky

yes, it is a shit time to go all in, but no use talking about CAPE ratios here because these retards have zero clue past
>muh vanguard index funds dude, cash is for retards

if you really want to go in the market make sure to set a stop loss
I'm holding like 90% of my nw in cash

yeah just look at warren buffet who has not been buying anything for a long time and says there is nothing attractive to buy right now

You should be investing in 18 year old sugar babies.

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>tfw 30 and only 130k in cash and 30k in crypto
user, we're failing here

First thing is first:

Buy one Bitcoin.
shove the rest into berkshire hathway.

>first things first, buy my bags
kek

Buy PETR4 shares.
The R$ is undervalued and PETR4 shares are also cheap, after the elections are over and a business-friendly government gets elected you should be able to double your money in one year - and with $350K you could retire in Brazil and casually fuck chill girls at the beach (you can easily get 7% above inflation each year in that country, which is more than enough to live a happy middle-class life).

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So the consensus is don't try to time the market? Does that also mean don't dollar cost average? Because that seems like market timing to me too. So much of what feels like poorly empirically tested advice when it comes to investing.

get a job paying $17.5K more per year than minimum wage
save $17.5K per year for 10 years
live a modest life until then

GO ALL IN HOLO WTF ARE YOU DOING

>Does that also mean don't dollar cost average?
dollar cost averaging is more about easing the psychological strain of letting go of your money all at once. it's not timing because you should be contributing the same amount regularly. that said, lump sum is still better.