Investing $40k tomorrow

May 3, 2021 29 Comments

I am in a fortunate situation due to unfortunate events. If you got $40k tomorrow how would you invest them?

Financial situation:

-$20k student debt - interest rate is only 0.06% where im from (nordics) - wont pay this off. Cheap money.
-No property, no credit card debt

Will ofc do my own DD

TC: £75k

London salary, no need to comment on how low it is before you research london salaries for non SWE

#Investing #investment

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TOP 29 Comments
  • All in on Bitcoin
    May 3, 2021 6
    • Amazon
      MGRX68

      Go to company page Amazon

      MGRX68
      “Bitcoin doesn’t dip” lmao either you’re a troll or you’re incapable of looking at a BTC price chart, crypto has dipped 50%+ multiple times throughout its short life. Will it dip in the future? Who knows, i’d wager to say yes, but perhaps it will go up another 100% then dip back down to the current price. It’s a risky, high volatility investment vehicle. Also, Blind is a terrible place for investment advise. Go to r/personalfinance and read the side bar, pick an investment you’re comfortable with based on your risk tolerance.
      May 3, 2021
    • UiPath
      usdshtcoin

      Go to company page UiPath

      usdshtcoin
      Big facts
      May 3, 2021
  • SpaceX
    holla568

    Go to company page SpaceX

    holla568
    6% isn't that great of a rate for student loans. I'd personally pay that off.
    May 3, 2021 4
  • Amazon
    56nights

    Go to company page Amazon

    56nights
    I’m long on these:
    Affirm
    Palantir
    Invitae

    Had a good return on Goldman Sachs, Visa, I think financial/banking/infrastructure is a safe bet with good upside because of the economic recovery we’re starting to see. Don’t have any MasterCard, CapOne, Citi, but all 3 may be a good play.

    Cryptos like sushi, AAVE, may be a good play because of rumors of another “defi summer” or whatever.
    May 3, 2021 2
    • Amazon
      56nights

      Go to company page Amazon

      56nights
      Oh and of course the obligatory “just buy ETFs don’t play the market” advice for at least some of that money.

      But if I were you I’d place some small bets on things with big upside, after doing something more traditional/smart with a good chunk of the money.
      May 3, 2021
    • OP
      Yeah makes sense. Thanks a lot
      May 3, 2021
  • UiPath
    usdshtcoin

    Go to company page UiPath

    usdshtcoin
    25% AMZN
    25% MSFT
    25% TSLA
    25% BTC
    May 3, 2021 0
  • 100,000 dogecoins
    May 3, 2021 0