Where to invest $1000 in 2023?
- ConnorKelly
- Gaining experience
- Karma: 4
-
arbusers
- Administrator
- Contact:
- Karma: 626
Post
If the investment amount is just $1000, then invest it in books you will read.
Re: Where to invest $1000 in 2023?
If the investment amount is just $1000, then invest it in books you will read.
- probettor91
- Gaining experience
- Karma: 5
Post
Re: Where to invest $1000 in 2023?
This is not financial advice, but we cannot tell where and how much to invest, because:
- we don't know your risk tolerance.
- we don't know your life experience and knowledge.
- we don't know your income and how financial stable you are.
- we don't know your how stable your conviction is.
Pin this and remember it anytime before ask someone to give you advice.
Personally I put few hundreds in uranium ETFs, but what da fak you know about uranium. So this is totally unappropriated advice for you.
Have a great day and do your DD
- we don't know your risk tolerance.
- we don't know your life experience and knowledge.
- we don't know your income and how financial stable you are.
- we don't know your how stable your conviction is.
Pin this and remember it anytime before ask someone to give you advice.
Personally I put few hundreds in uranium ETFs, but what da fak you know about uranium. So this is totally unappropriated advice for you.
Have a great day and do your DD
-
arb12
- Totally Pro
- Karma: 23
- ex-hft
- Has experience
- Karma: 14
Post
Follow up question, wondering what people here would think:
How to invest $1M for an upper middle-class, 40 years old family man in the US?
Already own his own house, and wants good returns but "reasonable risk" (as you would. define it).
Re: Where to invest $1000 in 2023?
Best possible answr.
Follow up question, wondering what people here would think:
How to invest $1M for an upper middle-class, 40 years old family man in the US?
Already own his own house, and wants good returns but "reasonable risk" (as you would. define it).
-
arbusers
- Administrator
- Contact:
- Karma: 626
Post
Re: Where to invest $1000 in 2023?
This is a meaningful question but I am afraid there is no universal answer. I will try to explain what I mean.
The average market cycle is 7 years. Some cycles might be short (5 years) some other might be long (13+ years). Let's take number 7 for simplicity reasons.
Also let's suppose the average 40 y.o American having a life expectancy of 85. In the last 5-10 years of his life his mind clarity (most probably) will not be sharp, and the evolution of humans will overpass him to a large extend. So this 40 y.o American has 5 or 6 market cycles to take advantage of.
The older you are, the less risk you want to take for obvious reasons. Contrary to what sick people believe these days, humans have an instinct to inherit to their children the efforts of their life time. So as you understand, it is pivotal to understand where we are in the grand scheme of the markets and act accordingly. You need to be risky at the beginning of the cycle, and safe at the end.
If you believe we are in the beginning of a cycle, I would suggest to our American fellow to be invested by 50% in risky assets, and by 50% to safe assets. At the end of the cycle I would suggest 0% risk and 100% safe assets. As you understand, a 25 y.o American would need a different proportion of risk, simply because the marshmallows he has in his bag are more.
Managing the efforts of a life time is not an easy task. The earlier you get into the game, the better for you. A 25 y.o guy would have 7+ market cycles to exploit. In the end, what Buffett constantly says...get rick slowly... is correct.
And of course as always, this is not a financial advise and you should do your own Due Diligence.
The average market cycle is 7 years. Some cycles might be short (5 years) some other might be long (13+ years). Let's take number 7 for simplicity reasons.
Also let's suppose the average 40 y.o American having a life expectancy of 85. In the last 5-10 years of his life his mind clarity (most probably) will not be sharp, and the evolution of humans will overpass him to a large extend. So this 40 y.o American has 5 or 6 market cycles to take advantage of.
The older you are, the less risk you want to take for obvious reasons. Contrary to what sick people believe these days, humans have an instinct to inherit to their children the efforts of their life time. So as you understand, it is pivotal to understand where we are in the grand scheme of the markets and act accordingly. You need to be risky at the beginning of the cycle, and safe at the end.
If you believe we are in the beginning of a cycle, I would suggest to our American fellow to be invested by 50% in risky assets, and by 50% to safe assets. At the end of the cycle I would suggest 0% risk and 100% safe assets. As you understand, a 25 y.o American would need a different proportion of risk, simply because the marshmallows he has in his bag are more.
Managing the efforts of a life time is not an easy task. The earlier you get into the game, the better for you. A 25 y.o guy would have 7+ market cycles to exploit. In the end, what Buffett constantly says...get rick slowly... is correct.
And of course as always, this is not a financial advise and you should do your own Due Diligence.
- ex-hft
- Has experience
- Karma: 14
Post
I agree 100%.
I wonder what your thoughts are regarding the current market cycle.
Personally, I'm a bit buffled. I expected us to be at the very end of the cycle now, with raising rates and all - but the markets don't seem to agree with me.
Re: Where to invest $1000 in 2023?
arbusers wrote: ↑Thu Feb 09, 2023 9:37 amThis is a meaningful question but I am afraid there is no universal answer. I will try to explain what I mean.
The average market cycle is 7 years. Some cycles might be short (5 years) some other might be long (13+ years). Let's take number 7 for simplicity reasons.
Also let's suppose the average 40 y.o American having a life expectancy of 85. In the last 5-10 years of his life his mind clarity (most probably) will not be sharp, and the evolution of humans will overpass him to a large extend. So this 40 y.o American has 5 or 6 market cycles to take advantage of.
The older you are, the less risk you want to take for obvious reasons. Contrary to what sick people believe these days, humans have an instinct to inherit to their children the efforts of their life time. So as you understand, it is pivotal to understand where we are in the grand scheme of the markets and act accordingly. You need to be risky at the beginning of the cycle, and safe at the end.
If you believe we are in the beginning of a cycle, I would suggest to our American fellow to be invested by 50% in risky assets, and by 50% to safe assets. At the end of the cycle I would suggest 0% risk and 100% safe assets. As you understand, a 25 y.o American would need a different proportion of risk, simply because the marshmallows he has in his bag are more.
Managing the efforts of a life time is not an easy task. The earlier you get into the game, the better for you. A 25 y.o guy would have 7+ market cycles to exploit. In the end, what Buffett constantly says...get rick slowly... is correct.
And of course as always, this is not a financial advise and you should do your own Due Diligence.
I agree 100%.
I wonder what your thoughts are regarding the current market cycle.
Personally, I'm a bit buffled. I expected us to be at the very end of the cycle now, with raising rates and all - but the markets don't seem to agree with me.
-
