If you're under 18 please don't reply. This is a serious topic.
stock market? are you 4real?
saved 10k for emergencies when i was 15, 18 now and still havent found the time to use the money. I would suggest just keeping it
buy few old BMWs like E39, E34 or E38
and sell them after few years for 5k euros
invest it, buy and resell things
invest in crypto money or do drop shipping ?
buy a bag of cocaine and some prostitues from ukraine or russia
for discover real women and not a fat half germano turkish mustache girl
vanguard blended index funds 100% equity
I am currently up 11%
Thank me later.
of course bitcoin will moon in the future but 99.9% are too scared
21 here, investing is a risky plan but if you wanna invest I would invest in amd stock, it has risen from 3 $ in 2016 to 49$ at the moment and I'm predicting it will rise to 57-60$ in 2021 so it's a good investment Imo, they are overtaking Intel slowly an i don't care what any fanboy says, more laptops use their cpus their cpus are on par with Intel and in some tasks better. Not to mention the price and the fact Intel is the toaster cpu nowadays, 370watts for their newest i9 lmaoo. Anyway I run a 3d printing business that cost around 300 to setup and its already generated way more then that, not every business needs a lot of Money, have a look at what hobbies you have maybe turn one of them into a business. You half quite a nice amount, use it wisely. I would probably move to Holland and start my own weed farm 😎
keep saving man <3 you dont need anything
congrats, youre dlore owner
Dividend stocks are good, that German telecom company O2 pays some amazing dividends, something crazy like 10-11% if I remember correctly, also some television companies and BMW also has dividend stocks. It's a shame to let that money sit if you don't need it especially in Germany, it's the biggest and most stable market in Europe.
Bunch of hookers and cocain
Start with investing some of the money in yourself - read some books about investing, maybe take an investing course or something, and when you think you know enough then you can start with stock market
What u want from life?
Save to invest in those things.
Save to save money? NEVER.
You have enough to start investing, but remember that one can lose it all when investing. There is no reward without risk and no sure way of predicting what is coming, some say a new crisis like a good decade ago is coming only it may not or it may be in five years and by that time you can have grown your investment.
The only really certain that if your money just sits there then unless you collect interest inflation is slowly eating them away. If you have any sort of debt then start by paying that off is the conservative approach, next if there are things in your daily life that costs more than is needed which you can fix with money then do that.
And there is investing, just remember that stocks are like lottery tickets only less risky but with lower payout as well. When investing generally consider companies that makes things people will always need, like medicine, insurance and so. If you buy stocks in a foreign company then you will on the same time also be gambling the currency market - buy stocks in a US company then if the dollar gains value it will boost the value of the stock for you and vice versa.
well if you dont have a car u should get one
idk how much it cost on germany but if u can u should buy one
Step 1: Don't take advice from hltv forums
please don't gamble money on stocks stay away from that SH*T
buy shares of astralis and any other
My dad and I got some money saved up on a separate account and after a few years we got about 10€ in return, there's like 5k€ there lmao gg
If you really dont want to invest or spend it on some vacation then just keep saving it
You might need it in the future
Put it in an index fund and forget it
It will grow to 53k euros in 30 years
If you don't want to actively invest, do that. Much better than sitting in a savings account
Take a vacation. You have 1 life. Enjoy it!
Put it in an index fund, you will get a passive income albeit it won't be a lot. Thats what I would do personally. I am not a capitalist, but I like to make money.
create a small business, example a small shop or use the money to buy stuff and then sell on amazon ebay + some %
If you have no reason to use them just don't use them.
But if you have so high need to buy smth it has ro be travelling. It's always worth to visit other places
money make a man act funny
tomorrow u get run over by a car and die, rip ur 7k :p
if the money's just going to sit there you could buy bonds or go for stocks from your bank
Small and medium sized enterprises. The stock market is artificially Inflated taking quantitative easing cash out of western economies. Blue chip companies are buying back their own stock and thus inflating their own value at the expense of the population and their pension funds. Invest smart now and future proof yourself. Advice from a boutique broker
Start a bussiness
Invest in stock market ( but first learn how to)
Money overrated just like sex
That's why I have none .
Wait wait wait. If it's emergency funds, don't touch it.
Also, 7k euro imo isn't anywhere enough to make any substantial investments that are worth the return.
Just save the money for now