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20 years old. Any good investment advice?

Discussion in 'BBS Hangout' started by jacoby, Dec 20, 2015.

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  1. pirc1

    pirc1 Contributing Member

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    I would like to know how did it turn out with original post 8 years later. The best practical advise is probably follow Dave Ramsey's advise, get out of deb and invest. It is not hard to become a net worth millionaire, in face it is much easier than you would think.
     
    #61 pirc1, Jul 28, 2023
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  2. rocketsjudoka

    rocketsjudoka Contributing Member
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    Hope things worked out for the OP and if they didn't and he's now 28 there still is plenty of time to start building wealth.
     
    #62 rocketsjudoka, Jul 28, 2023
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  3. KingCheetah

    KingCheetah Contributing Member

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    He's a coke addict.
     
    #63 KingCheetah, Jul 28, 2023
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  4. rocketsjudoka

    rocketsjudoka Contributing Member
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    Well damn... :(

    Doesn't mean he any money that doesn't go up his nose he can't make some sound investments. :p
     
    #64 rocketsjudoka, Jul 28, 2023
  5. ima_drummer2k

    ima_drummer2k Contributing Member

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    Or worse....a broke real estate investor.
     
    #65 ima_drummer2k, Jul 28, 2023
  6. KingCheetah

    KingCheetah Contributing Member

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    ...

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    #66 KingCheetah, Jul 28, 2023
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  7. Ottomaton

    Ottomaton Contributing Member
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    The Venn diagram on those two has a whole lot of overlap.
     
    #67 Ottomaton, Jul 28, 2023
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  8. Xerobull

    Xerobull You son of a b!tch! I'm in!

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    Ol’ Jacoby’s gonna get lucky! He can feel it!

    [​IMG]
     
    #68 Xerobull, Jul 28, 2023
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  9. Yung-T

    Yung-T Member

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    @jacoby I need an update on the "married for the lulz" thread.
     
    #69 Yung-T, Jul 29, 2023
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  10. Os Trigonum

    Os Trigonum Contributing Member
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    that's a horrible thing to say about deb
     
    #70 Os Trigonum, Jul 29, 2023
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  11. Kevooooo

    Kevooooo Member

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    I mean if he continues inside Deb he’s going to have more child support and less money to invest.
     
    #71 Kevooooo, Jul 29, 2023
  12. jacoby

    jacoby Member

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    We are on speaking terms to this day but still not married yet.
     
    #72 jacoby, Jul 30, 2023
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  13. Ubiquitin

    Ubiquitin Contributing Member
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    You're almost 30 now. Time is flying.
     
    #73 Ubiquitin, Jul 30, 2023
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  14. Buck Turgidson

    Buck Turgidson Member

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    I love the hopeful "yet" at the end. Don't ever let these bastards get you down.
     
    #74 Buck Turgidson, Jul 30, 2023
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  15. DonnyMost

    DonnyMost be kind. be brave.
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    If OP had bought S&P Index when this thread began he'd have 50~ grand.

    If OP had bought Bitcoin when this thread began he'd have 1.3MM.
     
    #75 DonnyMost, Jul 30, 2023
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  16. Buck Turgidson

    Buck Turgidson Member

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    S&P 500 Index has done me wonders over the years, through good times and bad.
     
    #76 Buck Turgidson, Jul 30, 2023
  17. DonnyMost

    DonnyMost be kind. be brave.
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    It was my go to throughout my entire investing life.

    Now I use it as more of a checking account, my savings is elsewhere.
     
    #77 DonnyMost, Jul 30, 2023
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