This is going to be a stupid question but I’ll ask anyway. Receiving 10k as a gift, Any tips on investing for short term growth.

funny
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Bet everything on Seattle winning against SF. Seattle +2.5 is paying 1.95, you can easily double your money

likehelpfulfunny

Just wanted to come here and tell you " I told you so"

Amc

funnysmart

LOL I have gme. 🚀

funnylike

0DTE SPY calls. Or yolo it on black/red

funnylike

Let me rephrase.. 0DTE calls

If your time horizon is only a year, snag an I bond to lock in a 3.54% virtually risk-free return. ($10K is the max per year so you’re in good shape there.)

likefunny

Came here to say the same thing. And yes, $10K is max and you need to park it for the full year.

like

If you want to hold for a bit then I’d say ethereum

likefunny

I’m looking at a yearish for holding/growing purposes on this gift amount. Have some house work to cover around next summer. Finishing the basement and getting furniture for it. Didn’t want to dip into savings if I could turn this 10 to 50 by then 😂

funny

Crypto

like

Short term is the problem man. You gamble that 10 for 50 and you’re in for a lottery pick.

You need 30 next summer, put the 10 in VOO or some other index, and take 30 from your 401k at 3%… pay yourself back in (safe) market gains from VOO

Amzn

Powerball is like $650M…

A Rolex if you can get one at retail.

Good man.

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