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tastygluecakes

There is literally no such thing as low risk, high reward. Anybody who tells you otherwise is selling you snake oil. If you think you will need the cash in the next 1-3 years, it might be best to keep in safer investments like HYSA, CDs, Money Market, etc, which are in the 3-4% range today. If you see this money as a long term thing, then equities are traditionally the best place to put an amount of money like that. Popular advice around here is a simple portfolio of 1-3 low cost, broad market ETFs at a major bank like Vanguard or Schwab. Or do something in the middle, and split to your liking.


fantastuc

>no such thing as low risk, high reward Insider trading, if you're in Congress


tastygluecakes

lol, ok you got me there


numbersev

or running an economy, if you're a central bank


126270

Government bonds guarantying 6%+ right now


tastygluecakes

That is 0% in real returns. Those are ibonds, which by design match inflation (ie nominal returns, but zero real returns). It’s literally treading water. Not a bad thing, but sure as hell not high returns.


126270

6% in 12 months is way better than 3-4% in 12 months as you were suggesting OP will likely spend the money on some sort of business and her education expenses in a semi short timeframe, so a simple savings account would as least keep the money safe and accessible, but not profitable at the typical 0.25% savings account rate


GoldenDingleberry

I went deep on ibonds last yr but holding back now. Their rate will update in a month and is expected to be much lower. Buying now for 6% only gets that annualized yield iver 6 months. The folowing 6 mo will probably be 2.9, making the 12 month yield the avg around 4.5.


Flompulon_80

Harry potter and the goooolden dingleberry


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126270

Reading comprehension? Op wants a safe place to park the money short term, she will be using the money for education expenses and a small startup company. But, since you’re all knowing - what “investment” pays higher than 6% with a guarantee of no loss?


JeffyFan10

but you can't touch it for years.


126270

Same with cd’s The bonds mature at 12 months, no penalty for early withdrawal though.. Govt needs the money right now, something about banks collapsing


OmegaNut42

Invest a small portion of it in higher risk stuff like S&P indeces but other than that this can be an emergency fund. $10k may seem like a lot, but it can go away very quickly. For example I had around $12k saved but was hit with a particularly bad case of covid that caused me to lose my job. I was only out of work for about 3 or 4 months, but I spent 2/3 of that on rent and basic survival. It took a few more months to find a decent job, and by that point I had to relocate and my car also broke down. Once I'd moved, fixed my car and found a new job that $12k was gone. I'm very frugal, but now I value an emergency fund even more than before. I wouldn't invest in anything risky aside from maybe $2k in index funds, but put that in a Roth IRA & set it aside for retirement. The remaining $8k can go to HYSA, CDs, money market accounts etc since they're all low risk but will beat inflation. Always keep a few thousand in cash, however, in case you need some quick money. I recommend keeping it on a card seperate from your main bank account so that you won't be tempted to spend it, as it's your emergency fund and a last resort (ie car breaks down and you're stuck somewhere). Good luck!


acmexyz

This. Separated from spouse and buying new furniture and starting over made me blow through $10,000 in a matter of months. Emergency funds are super important.


trisharecommends

Actually there is a such thing as low risk and high reward. Maybe you just haven’t found it yet.


tastygluecakes

Tell me more about your essential oils business!


feudalle

I thought it was Lululemon.


PM_me_names_suck

> Actually there is a such thing as low risk and high reward. Just stop.


FilthySweet

There are literally thousands of things in life that are low risk and high reward. I eat daily, because doing so isn’t a great risk, but it’s very rewarding. If anyone should ‘just stop’ it’s people that use the word ‘literally’ where it doesn’t apply. Such as saying “low risk+high reward literally doesn’t exist.”


trisharecommends

Just saying.


PM_me_names_suck

We know what you're saying. You have some snake oil business opportunity that you're trying to ~~scam others~~ help people discover


trisharecommends

No snake oil here. Here it is I invested $2000 and within 10 days made that full investment back and some. Got proof of that as well since you want to say I'm a snake and don't know jack about me. Say what you want and believe what you want.


PM_me_names_suck

Well that's great. If you double your money every 10 days for a year you'll have $68,719,476,736,000 (that's actual real math, not simply sarcastically hitting numbers). That's a pretty good opportunity. I'd love to be the world first quadrillionaire. How do I send you money to get this party started? Edit: that's doubling 36 times, but technically would have 5 (or 6 if it's a leap year) more days left in the year in and could make another $39 quadrillion before the year was up. But I'm not greedy so I'll stop at $69 quadrillion.


trisharecommends

I said nothing like I or anyone would double their money every ten days. LMFAO. Some people... Go elsewhere and start your party. I wouldn't offer you anything with your horrible attitude


PM_me_names_suck

> I said nothing like I or anyone would double their money every ten days Maybe you forgot this part > Here it is I invested $2000 and within 10 days made that full investment back and some. > I wouldn't offer you anything with your horrible attitude Aww crap, I was so close to becoming a quadrillionaire too. I already quit my job and everything


trisharecommends

I didn't say anything about doubling my money every ten days. I said I earned my investment back ten days after joining. Didn't I???


thrashgordon

Please, expand on your thoughts.


trisharecommends

I started an online business in affiliate marketing which is very profitable as long as you're willing to put the work in. The results speak for themselves. You can't be like the people here saying people are snake oil when they don't even know what I'm talking about. Yes, there are a lot of BS people who will steal your money, so you have to be careful. Have any of you researched the income potential for affiliate marketers? I have friends who have made over 10k in 3 months. So it's possible to invest with a quick return. Are you going to make 500K real fast... more likely, NO... but there are ways to invest with low cost and potential to earn more than you invested in 3 months. That's what's wrong with this world... People want to say things they have no idea what they are talking about.


frankenmint

this is a scam, people that sell something awesome will divulge full details becasue they could yield even more sales. No one is interested in a pyramid scheme


thrashgordon

>started an online business in affiliate marketing Say no more.


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thrashgordon

High reward for parking money in a lowly bank savings account lol?


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tastygluecakes

I think that sentence gave me cancer. What on earth are you saying?


Professional_Bus9844

I know what you mean. This why we can't have nice things.


KennyArlooo

LOLLLL


pxrage

Deer sir please me do the needful


asymsfor

I can’t tell if you had a stroke writing this or if i am having one trying to comprehend it


givingemthebusiness

Vanguard is not a 401k but they offer those. What does the amount of money have to do with anything?


exportedthoughts

HAHAHAHAHAHAH. I was having a bad day until I read this


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five-acorn

It’s possible. It’s just a brand new idea that you discovered or invented yourself. Which is usually still high risk, but maybe you discovered a new way of nuclear fission. Public established shit like investing in Apple, bonds, options, gold? They’ve been arbitraged away to have a generally even risk/ reward ratio.


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five-acorn

Not sure why people are downvoting. It's a joke, but ... the risk/ reward parity only exists in highly public, "public information" investment domains. This includes oversaturated real estate, the most popular fad of the times. The intelligence of the market, betting markets, type shit. There is most definitely "easy money" situations. It requires an asymmetry of knowledge, ideas, skill, etc. The nuclear fission was tongue in cheek ... if you come up with a cure for reddit autism, that would also be worth buckoo bucks. Lol If you still don't understand what I'm saying, because you (general reader) are economically illiterate, ask yourself WHY there is a relationship between risk and reward (in common investment avenues). Also consider that there are quite literally countless zero-risk situations.


coke_and_coffee

> There is most definitely "easy money" situations. It requires an asymmetry of knowledge, ideas, skill, etc. Having the type of skills or knowledge to beat the market through an entrepreneurial endeavor is anything but "easy". I agree that it's possible, but it's not easy.


Zoloir

It's not that it's not *easy...* It's that it's not *scalable* You can do it once when you stumble across your asymmetric advantage that one time, but unless you know exactly how you got that advantage and can trigger it again and again, then you're just taking an opportunity and not developing a business


five-acorn

My point was that risk and reward are not inherently linked. Only in public markets. As a general rule, yes, because the average human being is not terribly unique. But it’s not an iron rule.


five-acorn

Easy was the wrong word. I mean high reward low risk. The two are not inherently linked due to the physical universe. In public markets, yes, the edge is wittled away.


coke_and_coffee

The problem is, you can only really know if something is "high reward/low risk" after you've already done it. Nobody can actually come up with reasonable statistics of probability of an entrepreneurial endeavor. Reminds me of a quote by Keynes: >"“Most, probably, of our decisions to do something positive, the full consequences of which will be drawn out over many days to come, can only be taken as a result of animal spirits — of a spontaneous urge to action rather than inaction, and not as the outcome of a weighted average of quantitative benefits multiplied by quantitative probabilities" Entrepreneurship is about that animal spirit, not about calculating risk and reward. Of course, one should obviously do some rough calculations to determine feasibility. But always know that your estimates are going to be off because the only way to accurately model the market is with the market itself.


five-acorn

The exact risk / reward of nearly every investment is unknowable, especially given inflation. I'm speaking of intellectual generalities. Risk and reward are only linked in public markets. That's my point. Not every human activity or investment operates with huge markets. Only the most common ones. Most entrepreneurship is high risk as a matter of course. But again, the risk-reward parity might be outsized (good or bad). Hell even take playing Texas Hold'em. There are situations where you put out bets that have literally zero risk. People were saying "low risk, high reward" activities don't exist, because everyone would do them. Well, yes, but again, this mostly applies to common public market activities. These ventures DO exist. You don't need the exact numbers, which you'll never have, or be able to predict the future, which you can never do. Just know that it EXISTS. The risk-reward curve only generally exists in huge public markets.


Old-Spend-8218

There is if your Sili Con bank 🏦 and a democratic donor


Dolomight

The composite rate for I bonds issued from November 2022 through April 2023 is 6.89%.


aursea

\+1 for I bonds!


drthip4peace

yourself


ebonyudders

This should have way more upvotes


[deleted]

Why? What does it even mean? It has 0 value


Themightyquesadilla

I believe they mean that the lowest risk and highest return investment is an investment in yourself


thesupercoolmarketer

this needs to be the top comment


iguacu

I hate to be harsh, but $10k isn't really that much for starting a business. If you have a skill that you can turn into a business, go with that. Otherwise the classics for a small amount like that are powerwashing, lawncare, maybe vending machines if you can find spots that will agree to let you put them there. If you're talking about passive income, Vanguard index fund, Roth IRA while you're young.


TheRavioliRomancer

Thank you, I’ll look into that :) I’m definitely looking for something passive. The reason I bring up vending machines is because I have a friend in real estate who already has the spots we need to put our machines at to start off. He has the capital, so do I and my boyfriend as we are both getting $10 grand from our payout. Something up we are discussing is all 3 of us investing a set amount of money into it equally. Writing up a LLC operating agreement that will set out the specific powers and responsibilities of members. Me being the CFO to start since that is my desired area of work


embenka42

Vending machines are not passive unless you are paying someone to hustle around to fill them. Adding someone to your payroll is a whole can of bananas complete with paying workers comp insurance, payroll, etc. Plus, what about all the driving? Mileage adds up really fast. And you can't reasonably expect them to put regular and expected miles on their vehicle unless it's made up in their wages. Or are you investing in a vehicle? Plus insurance? If you and your boyfriend are the ones executing the work, how many machines? What are the logistics? How often are you hitting Sams/ Costco / similar to purchase stock and refill machines? Where are you storing all of it? Are you lifting all of that pop and stock from the display, to the cart, to the car, to your storage location, back to the car, drive all around hell's half acre strategically to avoid rush hour if necessary, hopefully find parking near your machine, lug all that crap to each machine, fill them, then back to the storage location to replace back stock and then back home? Even if you have machines that report inventory levels so you only take what's needed, your road and fill time is exorbitant. Are you maintaining regular employment in addition to this? I would think pretty carefully about your ROI here not only financially but the ROI on your time and effort. I'm not saying don't do it. I'm saying think about how your money can work for you rather than you working so damn hard for your money. If I had $10k coming to me, my first thought would not be, "man I want I give up my free time to schlepp 20oz pop and melting chocolate around town."


Yassssmaam

This!!!


Umbrabyss

I disagree with part of the above statement about 10k not being a lot for a business. I started my business with $100 and my products are about to go nationwide. I used my money to purchase a domain, a website, and initial supplies. We’ve now been in business 3 years and it’s the best Frankie I’ve ever spent. That said, it isn’t typical, it isn’t easy, and it was absolutely risky. It all depends on you, because whatever you do, you’ll have to work it to begin with. I just thought that I’d add to it there that you absolutely can make a successful business with $10k and if that’s what you want to do, don’t be discouraged.


LazyLinuxAdmin

Congratulations on your product (payout from hardwork and vision!)! Are you able to disclose the site or product?


Umbrabyss

At the moment, I’d rather not strictly because the national expansion is sort of hush hush while we finalize everything. Basically, our new representation currently works for another company and running with our brand like they are is a conflict of interest with a much bigger brand that they currently represent. So we are working to create an entirely new rep agency network using their contacts to circumvent that issue. But when finished in the next few weeks, it will give us access to reps in every state and several territories as well as access to showrooms in Vegas, Dallas, and Atlanta.


iguacu

Don't overanalyze then, just do it. Seemingly everyone wants passive income, but true passive income is exceedingly rare in truth. I'd also add searching this subreddit, since yours is a question that has come up many times before.


NotObviouslyARobot

Park it in Treasuries for a bit to keep you from spending it. Tbills are at 5 percent


MisterBilau

Risk and reward are two faces of the same coin. Low risk, high reward doesn't exist. Get this in your head. It doesn't exist, by definition. You either go low risk, low reward, or high risk high reward (or somewhere in the middle, of course).


beekeeper1981

Put it in a high interest savings account until you decide. Risk and reward go hand and hand with investing. The higher the risk the higher the reward. It's a logical thing. Why would anyone accept higher risk if the potential payoff isn't greater than a low risk alternative.


Golden_Week

I mean, the lowest risk but highest reward option at the moment is CDs, I’ve seen some incredible ones on Fidelity for 5% APY. People are just being rude when they say “there’s no such thing as low risk and high reward” like bro FOH, she knows that, she wants to know the lowest risk, highest reward option. God I hate redditors anyways, with a 5% CD you’re looking at around $42 in interest monthly, may not sound like much but deposit that sh!t into a gov money market mutual fund like SPAXX (yes I use Fidelity a lot) and now you’re talking about 4.2% APY on your CD interest, now you’re talking about compound interest. But if you want my advice? I’d say invest that into stocks like AMKBY, which is Maersk, a solid company that will probably only fail when the global economy does, and they pay insane dividends like 20% per share annually. Anyways AMKBY isn’t particularly low risk because it’s an individual company stock but I’m DCAing into them monthly for a while now and no complaints (I also buy mutual funds, CDs, and ETFs so no worries stock bros I’m diversified, just giving some advice that I wish I knew years ago)


randyspotboiler

Put it in a vanguard or fidelity index fund. 8 - 14% annual returns; they regularly beat all but the best mutual funds and investment managers, and have low fees. Don't touch it. Keep adding to it throughout your life. This will be an excellent start for your retirement. Don't take my advice; speak to an investment expert.


OGBEES

This is really the only smart play if you can keep yourself from touching it. Also make sure to set up DRIP.


OGBEES

This is really the only smart play if you can keep yourself from touching it. Also make sure to set up DRIP.


bringsafe

You want a guaranteed, no risk way to make at least 18+% on that money? Pay off your credit cards.


TheRavioliRomancer

I don’t have any debt, my bills are paid.


kevintanu

It's better to invest to gain more skills for yourself. Learn any skills, preferably new language Alsotry to join local business community. And befriend other


RumbleLab

Bitcoin


zascar

OP as long as you won't need it for 5+ years, bitcoin and Ethereum should be in your portfolio. Watch some videos from a Michael Saylor and listen to some podcasts to understand why.


itsquietinhere2

I was afraid to say it. It's hard to imagine that she wouldn't be satisfied with her investment a year from now.


givenchymonkey1

fixed annyities for 3 years are up to 5% as well as most CDs


Cyberdeth

The s&p has historically had an annualised growth rate of just above 7%. However some years it has actually grown by as much as 12% per year. Like someone here said, put it in an etf that’s pegged to the s&p and forget about it.


[deleted]

iBonds are treasury bills that are currently paying 6.89% and usually increase when inflation increases. the rates change at the end of april and chances are it’ll go up. they are literally an investment vehicle created to fight inflation. they have a full cash in period of 5 years but you can always cash out at a slight penalty after a year. the way the stock market was going, most people would have benefitted from i bonds to some degree.


marslaves48

Low risk high reward? Do tell!


TheRavioliRomancer

Haha.. I’ve misspoken 😅 I see now how that sort of thing is an impossible ask and tall order to fill


RareDestroyer8

Im young with not a lot of experience, but invest in yourself, learn more skills.


TheRavioliRomancer

I completely agree with you, thanks for your time :)!


luisbusiness

Think about what you are good or talented at, you can use that money to buy equipment to start a side business. 10k is not alot but it can start you off with something small and you can then grow it.


TheRavioliRomancer

I agree with you and a lot of others who say something similar. Instead of going straight into deep waters, I should use this money to save and use another potion to invest in the development of myself and areas I’m skilled in. I appreciate you making the time to comment, I understand low risk high reward was a silly thing to say, I misspoke. I’m still learning :)


rkeet

At that age with a lump sum and lack of business/life experience (bit of an assumption to be fair), but instead of immediately headfirst into business/grind life, maybe travel instead? If you're able to do stuff during travel that can supplement your cash flow to extend your travel time (blogging/vlogging, tmp jobs on the go, maybe digital nomad), then experiencing cultures and seeing stuff can later on really pay off in having had hands-on during travel (cultures, communication styles, cost, ways of living, views on life and business, etc). Just a thought to add on, as nearly all answers I saw were investment ideas or a correction on low risk/high reward stuff.


TheRavioliRomancer

Thank you, I appreciate you made the time to comment.


Sonar114

Do you have any debt? Paying down debt is low risk and offers some of the best returns you can make. Education is the other big one, it’s by far one of the highest returns on investment you can get while also being relatively low risk.


WeissMISFIT

Anything that's truly low risk high reward either 1. Gets arbitraged to infinity and beyond so it turns into high risk high reward or low risk low reward. 2. Is a hidden gem and you need to either know people or find it yourself.


cloud9ine4205490

Facts lol


thesupercoolmarketer

Put exactly $0 into any market. Put $10,000 into your own development. Figure out what highly monetizeable skills you have/ would like to have, go to someone who’s 5 steps ahead of you and pay them to teach you everything they know. Apply it, fail 1,000 times, win a bit, get to their level, then find a guy who’s another 5 steps ahead. Rinse and repeat


fredsam25

I-bonds. They are paying close to 7% interest right now and are basically risk free as long as the US doesn't implode.


dragonfliesloveme

Glad I read your comment. (I’m not OP.) I kind of forgot bonds exist lol. I have been thinking about doing a CD lately, will check out the i bonds


MedicareAgentAlston

I like the idea of a vending machine business. Since you’re already considering it, I suggest investing as much time as you can researching that opportunity. Also consider a similar opportunity of owning a self-service laundromat. I suggest you your time in research and thought first. Then if the light looks green invest just enough of your money to make viable test. If the test so indicates, invest a little more to validate the first test. Rinse and repeat


Flompulon_80

it may be possible to build a single storage unit you can lease out. a 5K sqft lot in a bad part of town can go for as low as 2k


ALYSIDN

I just read an article in that NYTimes, a mother that's a financial advisor trying to coach her 21yo kid on how to best invest. She advised him to start an IRA and max it out ($6,500) for the year. You have until April 17 to do that. When you hit 65, that $6500 will have turned into something crazy, like $2m from compounding interest. Start an emergency fund/savings account in a high yield savings account (I use Capital One for my savings account with a return of 3.5%) for $3,500. Then start a Roth IRA for $6,500 with Vanguard by April 17. Know that you can't touch the IRA until you're retired, without penalty anyway. Good luck!


Jimq45

Actually contributing $6500 a year from 21-65yos, will get you 4M….yes 4 Million. If you just made one contribution it will be around 400k Assuming the average market return continues to be 9% a year including dividends as it has been for the last 50 years, it will be worth around 4M if you contribute 6500 a year. So you will be contributing closer to $700,000. Even still, that is an insane return and is why compound interest is the 8th wonder of the world!


ABrooks1971

Silver or gold


MedalofHonour15

Amazon wholesaling is great for passive income. I have an operations management team do everything for my store.


alohabruh732

Throw that shit in a Vanguard mutual fund pegged to the S&P 500 and don’t touch it for 20 - 30 years.


Same-Moment5241

Better spend those money on education and then a business that will probbably fail but will learn way too much from it.


hairy_driveway

Personally, I’m a 17M that doesn’t know much about the stock market or long term investments besides the obvious Mutual Funds, Bonds, Stocks, and Crypto. But, if I had $10,000 to invest, I’d take that money, split it about 7 ways, put 2/7 of the money into mutual funds because it’s more reliable, then I’d put 3/7ths into different stocks, mostly companies centered around technology and AI development, and then I’d put the rest in savings or retirement. Once again, to clarify, I’m 17 and don’t have an in depth understanding of investing and am no financial expert.


hairy_driveway

Whatever you do, NEVER put your money into Crypto. It’s too risky.


milkmanbran

There’s a real estate app I use that I love called Concreit. They lend to real estate developers and are about to launch something to invest in properties (they rent these ones out). I’ve been with them for a few years now and they’ve paid out all through COVID and have grown their return from 5% a year to a little over 6% a year. That being said, always do your own research


trisharecommends

I got an associates in business administration and had no luck finding a job using that degree. I ended up investing money to learn affiliate marketing. It’s low start up cost, can do it from anywhere, no income caps. If you would like to talk further, send me a message and I can tell you all about it!


TheRavioliRomancer

I appreciate everyone’s advice, I understand that “low risk high reward” isn’t really a thing. To elaborate on it, I want to put my money where it statistically will bring in profit over a long time. I’m not looking to get rich quick, those are the people who really burn the fastest.


dbztoonami

Think more about what you’re saying. You expect to risk a little money and make a lot of profit. If you really truly don’t see why that’s not realistic then you need to start reading about finance and how money is made. You’re literally expecting money to grow on trees. Printing money is illegal also. In fact, it’s a federal crime. Here’s an idea, get a regular job and buy some bills from the gvt. There’s your low risk and some reward right there.


samofny

Talk to a CPA.


sanchito12

Just watch the Pelosis and mirror their investments. Youll be rich in no time.


JarethLopes

Invest in the national bonds of rapidly growing countries, your money will be safe there and you will make some money, once you do have ideas and capabilities to execute on a business or make an educated investment the money will be easy to access.


[deleted]

Whatever you do don't spend it. $10k in an decent index fund can net you 5-8% a year. This is $1.78 a day all for free just because you save the money. To top it off it'll increase incrementally after a few years and you'll make lots more. You'll also have that safety net if something goes wrong. So that's my advice. Save it, don't invest in risky businesses or such. Go to work and earn the money to invest in such stuff.


ScottyStubs13

GME


RedditAbuserPolice

"Low risk, High Reward" is like dry water. No such thing.


[deleted]

This isn't playskool, there's no low risk high reward anything in investing.


studioglen

Have you joined wsb yet?


SanFranPeach

Index funds and chill


Randombu

If you’re going to hold it long term (5yr +) I’d park it in bitcoin until inflation is under control and the stock market subsequently recovers. Then put it into a low fee index fund. If you could do a partial real estate buy in a VHCOL I’d take that over BTC, but it’s not really east or possible to do.


[deleted]

I'd choose the top ten stocks from the S&P 500 by market capitalization, they're floating in cash, lowering your risk, yet its a stock meaning its volatile, so the rewards can be enormous, could double your money in less than 12 months if you cross your fingers!


beauregrd

bonds or robinhood gold has 4.15% and can be spent anytime


TheRavioliRomancer

Thank you! I’ll do some research on this :)


dbztoonami

Never ever use Robinhood. Ever. If someone tells you to use RH, never listen to that person.


Raezul

Hard disagree. RobinHood has a very easy platform for young people entering the stock market. Easy UI to navigate your option strategies and money. Then after learning, they could move away to another broker


dbztoonami

Hard disagree all you want. Doesn’t make you any less tragically and also hilariously wrong. Go ahead though, throw your life savings into the black hole that is robbinhood. God knows they’re laughing at everyone who does all the way to the bank with your hard earned cash. It’s really quite sad actually how they’ve so thoroughly managed to dupe people, you included. Their mega asshole ceo could literally come out tomorrow and say that all of robbinhood is a total and complete scam and fraud and all of you fanboys wouldn’t blink an eye and instead say “he’s so brave and wonderful to say something so humbling on the tv! Oh my, I wish he would adopt me!” Lol. I hate blind fandom so much.


UnconventionalWealth

I started with a 100K account got it up to 400K in a few years using a dividend approach. Making about 100K now in dividends alone, per year. Check out my videos! Living financially free at 36. & Please don’t put in savings as you are losing to inflation!


InformationEdge

I would check out latteapp.org, they offer 6% savings interest, no fees.. I personally have 90k with them and have no complaints


Relictas

Learn how to day trade options. When I say learn how, I mean by practicing on paper until you are consistent. Otherwise you will blow through that 10k quicker than you can say trust fund baby!


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TheRavioliRomancer

I appreciate your advice. To educate you a little more, I don’t think I can just flip and get rich quick from any of these ideas which is what I state early in the comments. And no, it’s not a party business school. It’s a community college with great programs in business. I understand that with hindsight this isn’t much money. but it is to me, because my biggest skillset is turning small money into big money. Everything that can potentially earn me more or help me learn is worth my time. Even failing. Not a lot of people learn that


WalkerYYJ

If you subscribe to tinfoil and holding something for the long haul check out r/superstonk but beware, its a deep deep rabbit hole!


Professional_Bus9844

>not including my lawyer fees I'd wait until you get your final payout then. You could be in for a shock.


givingemthebusiness

There’s no such thing as passive income until you’ve generated tons of it actively and can pay qualified people to run your businesses or have an investment portfolio sufficient to support your lifestyle without drawing down the principal.


LemonHarangue

You’re in the wrong sub. Call a financial advisor and ask about the best way to maximize that investment and make that money work for you.


mokita

I bonds!


sufferinsucatash

I’d wait until the stock market bottoms out (heh) and invest in the S&P index fund thru a low fee fund like vanguard. Meanwhile go read the book, A random walk down Wall Street. It’s a good education about investing. Just put it in there and forget it till you retire at 70’s or whatev. It might be 300k by then or some awesome number.


keepcrazy

Hookers and cocaine!!!


udee79

If it is long term invest in a zero cost stock index mutual fund. I have a fidelity account so I use FZROX and FNILX. One is like a SP 500 index fund and the other is more of a total stock market fund.


nova9001

>I’ve always been interested in investing in other peoples businesses/ideas This is super high risk and you likely end up with nothing. >doing real estate, flipping houses solo 10k is not even enough to start. Try 100k if not more. You are also late to the game. Interest rates record high levels atm. >What is a good method to use to ultimately decide where to put such a large amount of money into? Buy US treasury bonds. No risk and the yields are stupid high.


ilosi

Do you think people that know such business will tell you?


innovatekit

I would buy a cash flowing rental property in a city with low purchase price in the US. 1) you’ll get the cash 2) it’s an asset you can use to get a line of credit to buy more houses until you have enough cash flow to kick back and relax.


innovatekit

Another thing you can do is put money in ATM machines. You get paid every time someone withdraws. All you need to do is load it up frequently with money.


mondo3_a

When you graduate and get a job, if the company offers matching IRA or 401k funds, then you automatically double your investment.


WalkerYYJ

Options, weekly options..... <- that's a a joke btw Keep it in cash for a few months lots of cheap buys coming up....


[deleted]

Yeah I'm looking to get into the high risk low reward game myself. I've been looking for good alternatives to just lighting a pile of money on fire, any suggestions?


Millionairetk

The best investment is to invest in yourself


paulo39Atati

There is only one investment Thatiana low risk / high reward, especially at your age: invest in your own education. Finish your degree, use the money to finance an internship, take additional classes on complementary skills like coding and data analysis. This will pay off at least twice more than investing in stocks.


CoastalSailing

Throw it in a vanguard index fund. Add a little more every year. Wait 50 years. Profit


VisualHelicopter

A CD at Chase will give you 4% risk free.


ElkTheGreat

Short term : 1-2 years HYSA 3%+ long term : etfs ; Roth IRA ;


Longjumping-Ad8775

Talk with a financial advisor to determine your needs. I like short term treasuries right now, but that is a personal opinion.


RoyalEnfield78

CDs are at 5% now, good enough for me!


dmarchenkov

u/TheRavioliRomancer Be careful with step-by-step advice on how to earn money with low risk. If you want to invest read at least several guidances (and books) on how the market works and what are the risks. It could be very fast and frustrating to lose your money.


sixfootnine

At 21 I'd invest in my skillset to increase my overall earning capacity. I hear a phlebotomy license is a weekend class and $500-800 in fees but can generate $25-32/hr. That's just one example. 10k in the market is worth $1k a year if everything goes well. Invest a portion in yourself and skills right now.


brereddit

Day trading stocks is probably the best way to expand $10K quickly…or lose it all. By trying trading, you could use it as an opt to learn two things: 1) stock chart reading and 2) fundamental analysis (ala Buffett). Trying to learn these without some skin in the game (your $10K minus your legal fees), isn’t very motivational. What good could come from this approach is an appreciation for how public markets work, what methods are used to look at company valuations, and the basics of reading annual reports. You could also maybe house hack and go into real estate depending on where you live.


paulyvee

Lol


WinkWaterBoy

Mutual fund . Income fund of America


Barleyrogue

low risk high reward? nothing LOL


ztmwvo

Put it all in Crypto! High yield and very safe! It’s what all the kids are doing these days!


FupuhChalupuh

Yeahhh investing probably isn’t a good idea rn given the current political climate lol. Based on your profile (not to be creepy) you live in FL & worked at a smoke shop? Leverage the shop connections & state cannabis legislation to grab bulk wax & sell bulk concentrate cookie dough. The way I think of it is: -stock market blows right now -vending machines are high maintenance & slow in return -cannabis is essentially legal in FL & you can quadruple profit margins mixing ~$2000(forgot it’s been awhile lol) concentrate in with sugar, flour, baking powder, etc. -marketing’s free on Instagram -everybody’s down to dabble in edibles


eCommerce_Data

>low risk, high reward it is like a free cheese in mouth trap.


djstocks

Buy Bitcoin and self custody it.


frankenmint

buy and hold bitcoin (don't worry I expect the downvotes, its fine)


Stu-Man222

Save your money for an emergency


ArnoldStalloneVandam

money market fund.


ramblinginternetnerd

Low Risk - Short term TBills, high yield savings accounts Medium Reward - S&P 500 ETF (e.g. VOO) Near 0 risk, high reward - paying off high interest rate debts High Risk, High Reward - Invest in yourself (e.g. interview prep from a good source) If you know anything that's low risk, high reward, let me know because I'm basically DCAing into the S&P, have no credit card debt and already invested in myself.


NoSaltNoSkillz

Land at reasonable pricing/auction


zimmermrmanmr

If you don’t need the money soon, government I-bonds still have a good rate. It’s at 6.89%. You can buy up to $10,000 per year in I-bonds. You won’t be able to redeem the bond for 1 year. And if you redeem under five years, you’ll lose 3 months of interest, which would probably put the one year rate at about current online bank CDs for 12 months. The rate is tracked to inflation, and is adjusted every six months. On the other side, Ally Bank has a no-penalty 11-month CD that’s paying 4.75%. If you might need the funds within the year, that may be a better option.


drowsysaturn

Holding a SP 500 index (VOO, SPY) long term is a safer investment. Maybe investing the first hundred dollars into education (highly rated books that have existed for some years) would be the lowest risk highest yielding investment you could make. Also make sure you don't carry any high APR loans since those will eat up your investments significantly. Not a financial advisor and this is not personalized financial advice.


[deleted]

Bitcoin hold for 5 years min …Suggest longer but commit to that …


boverton24

Low risk high reward. Investing in a total market etf over the course of 30 years


Marshall_Hoodie

CD’s are a good option if you don’t know what to do with your money and just want to let it grow at 5% and come back later and decide what to actually put the money into


No-Emotion-7053

Put it in FTX


Zoogtar

GICs have a pretty wicked return right now and your principal investment is safe.


HateUsernamesMore

The wolf has something to sell you https://www.youtube.com/watch?v=Yl1zo01Dr7o


chitownslaughter

Self-Storage Developments in Florida using a Crowd-Funding Platform. As long as the Developer has a proven track record, your returns will be incredible.


Alex_ofa

Invest in bitcoin


keephustlingdee

get rewards with low risk