Financial advice thread

I'm about to sell my house in month and expect to net around 120-140k USD respectfully.

I also plan on joining a coding boot camp once i sell my house to jump start my coding career ASAP. So currently not employed.

What would Jow Forums advise or do with 120-140k USD right now and why?

I have no clue what to do as i expect a crash coming due to the yield curve reversing and plan to purchase after the expected crash.

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You're in the wrong neighborhood motherfucker

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Blacks move? Check.
How old are you? if you are over 50 go spend the next 10 years in Cambodia or some place like that. When you come back kill a local pedo and spend the rest of your life in prison.

late 20s

Buy a sailboat so you can get away.

/biz here, buy chainlink.

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probably look into gold or crypto if you think the market will crash. then again everything might dip, I'm not that familiar with investing. I've heard people say Shrekeli's investing advice series is good stuff.

If you're doing a coding bootcamp, be prepared to code all day for awhile. But if you have a house already and a good amount of equity, I'm sure discipline is not an issue. My advice is to start learning the basic now (HTML, CSS, basic JS and computer science concepts)

Who has the next move?

hookers and blow

idk but heres the next digit

Holy fuck! I read the title. Thought, “I’mma post ‘hookers and blow’.” Click link. Yours is the last post.

>respectfully

it's respectively and you only use that if you're talking about multiple items, not a range

>American education

also, wrong board

jesus christ

is that way

Why not use the liquid to flip houses?

Buy a smaller house and pay cash for it. Do not spend a penny on schooling. Use a loan or grants for this. Get a job asap, deliver pizzas whatever, Do not take out credit cards or dip into this money. Good luck user.

Honestly, I'd buy public utilities that are consistently safe that pay a reasonable rate of return (and a dividend to keep reinvesting, if possible).
Stuff I've invested in energy companies here in Wisconsin tend to pay an average of 7-8% yearly, never go down, and aren't subject to standard market fluctuations. Even when my stock in Amazon etc. take a dive, power companies stay solid. Better than earning 0.00013% in a savings account.

This is also decent. Get a cash duplex if possible in an area that's still primarily white but one that's slightly distressed, if you have the cash you can go to auction and find great deals, buy it outright, instant income and equity that will grow if you maintain it.

buy a footbll and practice p8unting.

You have a great plan, user.

Not only that, but if times get tough, you can live in that shit. Can't say that for other investments.

Read this book - it's the red pill for money.

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Ensure that you do a title search and inspection; roof, foundation and termites. Old appliance can be replaced fairly cheap. You can paint and patch,

>>Wageslave your entire life so you can die before you enjoy the money
Wew

American education for something useful. If not, start a slum business that is high revenue and low investment like a massage parlour. You're just installing 4 rooms with showers and massage tables in a storefront that you lease. Even in places with expensive real estate, you're only paying around 2-3000/month. And, if you have a decent spot you can pull in good $

ill look into that
this is what i wanna do
ill check it out
im not a pimp

You have chosen wisely user.

You should diversify. Put a few thousand in gold and silver to hedge against inflation, put a lot in investment grade bonds (really avoid the high yield crap) in case the equity market crashes, you will get a steady income stream from the interest plus capital gains when the fed has to lower the interest rates again. You can also attempt to profit from a market decline by buying put options on an index or inverse etfs, I wouldn't suggest outright shorting anything because I think the market will continue rising for a while still. There's also some sectors that outperform during a recession like utilities and consumer staples, you could buy stock there if you want equity exposure.

man, there's going to be a lot of 'income property' suckers with egg on their face in few years

Pay the property off in cash. Forget what prices do. You then homestead it and have little property tax. You and your family are secure.

>not aggressively minimizing your expenses so you don't have to wageslave
>still live a quality life with lots of cash and time to spare

u r like the retards on youtube that comment 'first' you have a peabrain because you put such amazement in such a small moment, also cocaine is horrible for your body, overrated and expensive.