25

>25
>have about 20k€ saved up (europoor)
>live with parents

Can i even consider investments if i dont have my own living space?

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Yes you can, no problem with that other than if you want to get into selling/buying stuff you might not have enough room if you live in apartment

nothing wrong with living with a family.
i don't understand why people want to move out the whole time.

I have less money saved up, live the same way, and still invest $500 a month at least.

Yes, it's the only thing you should consider if you can sustain living with your parents. 20k can be 100k in a year.

>Can i even consider investments if i dont have my own living space?
That is precisely when to consider investments. You're not going to make it by joining the rat race with the other retards.

absolutely. Just not in stocks or crypto lol. You really want to compete with the biggest swinging dicks in finance and/or scamming manipulative cunts?

> 25
> 20k in savings
> 4k fun money
> 7k in crypto
> live with parents

I throw 500 euro in crypto every month. When you're young you must acquire as much assets as you can. Don't be like all the other npc's "yeah I can't invest because I have to pay for my car, apartment, this and that". They're all trying to live above their means. If you're smart now, you'll be living the life they desperately want in 10 years. Make it 5 if you pick the right coins to swing. Godspeed user.

>putting money in a savings account

Great advices, thanks all.
I already invested some into crypto.
Any other ways to invest for europoor?

Sucks shit tho. Sometimes its just too many people. Cant bring girls over

Buy chainlink with the 20k, go all in.

try harder.
>23
>have my own place (deposit €50k)
>have €35k in link

What's the best alternative to a savings account? I looked into money markets a while back but it still doesn't beat inflation. Obviously it isn't crypto either.

if you have 5k+ you should be looking at vanguard. so you can invest with low fees into indexes and bonds. if you are an amerifag you can even use robinhood.

You could dump $5k into my jewelry project and partner on the next collection.

its good to save up and then buy a house instead of giving your money away for rent. If you are not saving up while living at your parents you are a fucking failure at life.

this is not always true. in my area for example you pay 2.5k(30k/year) rent for a house that costs 500k. so if you can get a return higher than 6% on your money it's not smart to put that money into a house. you also need to do repairs yourself. this summer i was unironically thinking of selling my house too buy more link. could have made a nice 2x.

Is vanguard available for europoors too?

depends which country. here in the netherlands you can do it through your bank.

I just turned 31 and have 22k saved. Also living with parents and plan to buy my own place this year.
I wish I had that money when I was 25

Eastern europe..

I hope you live in 3rd world cause $22k isn't enough even for a down payment.

Whatever European broker you use should allow you to buy American stock/ETFs. Probably not mutual funds though but idk.

literally for this past 25 bitches would rather date a drug addict living in a squat than a working guy living with his mother

I wouldn't recommend that, it's always huge fees and a tax headache.

Instead OP should get a euro-based fund/ETF for the relevant index, and then possibly hedge the currency risk if the fund doesn't have that built in.

i would invest as much as i possibly could while i still lived with my parents. once you move out, you won't have nearly as much financial freedom as you do now. INVEST NOW