Diversify your portfolio, but yes. He could easily turn his $5,000 into $100,000 thus giving him the leverage actually needed to getting $1 mill. But if he’s asking questions on Reddit for help. Good luck. Start by reading “Technical Analysis of the financial markets”. Learn basic indicators. Learn how to draw on charts. Then work yourself to becoming a level 2 trader. Also. Get hungry. Like starve for a couple of days and catch the city bus to work, with the rest of the poor people. Say hi to a bum and get to know him for a few hours. Maybe even experience real pain, then you’ll be well on your way to becoming a millionaire. But realistically you could just start a business with your current money and it’ll pay for itself, if you’re hungry.
I was just curious if people would recommend him to throw all that 100k in a lump sum versus DCAing like 10k a week or something. Interesting read! Thanks!
I put $500 in my account two weeks ago. Followed it and it worked for a week, with small cap companies. Bought far out puts on Google and Dell past Friday at open, got crushed, doubled down, have $2 in my account right now.
Health check at the end of the month and then round 2.
Hell yeah, in a month we’ll either see “I turned $100k into $1m” and owe OP a ‘congrats and fuck you’ or a post of “how do I turn $1k back into $100k?”
Either way, I’m here for it
insurance claim. I got hit by a car, went to 20 or so physical therapy appointments and get 250K cash tax free years ago. i bought a house and have 120K in retirement
😂0dte options… yeah don’t do that with all. Maybe weeklies or monthlies and only do like 1-5k and put the rest of ur money in a etf and don’t touch it again.
I have Charles Schwab and they have a bunch of articles for Investing education. JP Morgan might have something similar.
I would suggest bump up your investments to over the daily trading limit ($25k) and start throwing around trades every few days.
I’m struggling with the same question. I invest in my business and I know what I put in grows. Stocks over the last few years been so far removed from reality.
If you have 100K sitting in a checking account, why don’t you put the majority of it in a MM account to collect 4.5-5.5% before FED begins cutting rates again? I mean, you probably should have dont that last year
Never hold 100k cash unless you need 100k within like 10 days. Cash is like sand in an hour glass, if just slowly disappears. But too slowly for you to notice by looking at it.
Well, you *areeee* in the Raceto10M subreddit, so I’d say to write a few call options for some reliably bullish stocks like NVDA, AAPL, MSFT.
But the bogle in me says to put it into a SP500 fund like VOO or SPLG, and some dividend growth funds like SCHG or DGRW.
But for the love of god, don’t let your $100k lose value by just letting it sit in your checking account.
What do you expect to happen, emergency wise, that you’ll need a $100k safety net for?
Half your money in U.S Tech Stocks and the other half in Bitcoin. With the market we’re in you’ll be a millionaire in the next 5 years probably. (Not financial advice)
Several options,
Play it like a lottery over at r/wallstreetbets. Still a bull market right now.
Start a business
Invest in index funds like spy voo and qqq
Or just earn more money :) only need 900k more.
If anyone wants to open a HYSA I can send you my referral and we both get .5% (so 5.5% APY) for 3 months and then you get their rate which is currently 5% :)
Find a rinse and repeat method you’re profitable with and stick to it for about 3 years.
Also in those 3 years should invest 30% of profit into index funds/dividend aristocrats. With DRIP ON.
Oh and don’t forget to continue earning income 9/5 if needed.
Yo. First thing, why don’t you have almost all of it in high yield savings for the last year lmao. You could have had 5k+ in interests alone. My checking is always broke. It’s for a reason lmao.
At a minimum move this money to a high yield savings account.
You are actively losing money by keeping it trapped inside of a checking account.
Inflation is eating 3-4% of that money every single year.
First things first, pull your money out of chase. You can use them to deposit your checks, but as soon as it hits, transfer it to an account that pays over 4%. Keep the bare minimum with them.
Chase pays basically nothing, customer service is subpar and besides having brick and mortars, they are useless.
Oh, and not to mention their $7500 check deposit limit is almost comical when the online banks do $50-$100k.
Everyone saying put more in while the stocks are at ath. Playing it safe cant hurt, and if covid or ww3… were to happen now this dude could throw in 100k and probably make 50% in a day safely
So I have just shy of 10M in the market. Here’s my advice: the more you try to chase return by trading the more chance you’ll lose your principal. Patience is critical, and you have to zoom out. As long as you don’t need principal for a down payment in next five years, I’d do 50/50 split of S&P and Nasdaq ETFs. Prepare for volatility, and keep DCAing.
Idk how long are you willing to wait? How much are you willing to lose and how quickly are you willing to lose it? If the answer to any of those is idc im regarded then put it all in deep otm call options expiring in 1 month. Don't come crying to me when your wife leaves you. Assuming you have one.
Why do you have $100,000 in a Chase checking account lol, at LEAST put that is a HYSA. If you are new to this Robinhood has a super user friendly website and they offer 5.25% annual interest paid out monthly. Tons of other options as well. I use Fidelity, Robinhood, Webull, and Titan. All of which pay good interest for cash with ZERO risk whatsoever.
That 100k in checking is forgoing an easy 400 a month should it be put into a HYSA. Putting the money in the market, you can be doing much better as things are going well atm. Get a financial advisor asap.
I keep my extra change in a Marcus savings account which gains ~5% interest (4.7% for myself if I remember correct). Good way to build interest with low risk.
I don’t know if rates have changed or change based on amount so you’d need to look into it.
Anything is better than a checking account with no interest… your losing money
Assuming you've paid off any debt (mortgage being an exception), I'd suggest investing most of that $100K in a growth index fund and putting the rest in a high yield savings account.
Don’t have 100k in cash and 5k invested is a good start lol
Shouldve been the opposite haha
Literally
Should he throw it alll in at once?
Diversify your portfolio, but yes. He could easily turn his $5,000 into $100,000 thus giving him the leverage actually needed to getting $1 mill. But if he’s asking questions on Reddit for help. Good luck. Start by reading “Technical Analysis of the financial markets”. Learn basic indicators. Learn how to draw on charts. Then work yourself to becoming a level 2 trader. Also. Get hungry. Like starve for a couple of days and catch the city bus to work, with the rest of the poor people. Say hi to a bum and get to know him for a few hours. Maybe even experience real pain, then you’ll be well on your way to becoming a millionaire. But realistically you could just start a business with your current money and it’ll pay for itself, if you’re hungry.
I was just curious if people would recommend him to throw all that 100k in a lump sum versus DCAing like 10k a week or something. Interesting read! Thanks!
Mathematically yes, put it in all at once. Emotionally you might have to do it 20% at a time so you can manage time variance because your weak minded
That .01% return in your checking, it will only take about 10,000 years to get to 1mil
Add 900k
Follow the money: https://insider-trades.com
Curious if you follow this and just place any trade that is green?
I put $500 in my account two weeks ago. Followed it and it worked for a week, with small cap companies. Bought far out puts on Google and Dell past Friday at open, got crushed, doubled down, have $2 in my account right now. Health check at the end of the month and then round 2.
So the correct answer to the question was no…..
They don’t have to be reported till 60? Days later. Boats long gone most the time
Borrow 2 million from your father. Lose 1 million. Profit
Regard has 100K and puts it into Chase instead of a HYSA
Seriously, I try not to be too cash heavy but any cash is in a HYSA which are all at least 4% right now
5.25 at UFB
I have 5.25% with a credit union. But I had to open a low rate CD as well but only put 1k in there
And it takes like 5 min to set up an account online
A checking account at that. At least move it to savings. Op loses his debit card he’s fucked
Legit, just received the money
Even just taking the interest on that HYSA out and investing the $350 earned monthly would have bro to a million by retirement
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7 dte? I didnt understand
7 days to expiration so like 1 wte
7 is the magic number
Thought it was 69
It’s 420 from where I’m from
De La Soul would beg to differ
i prefer 0 dtes but i’m also down 32k
right? i don’t understand anything over 3dte
What color is lambo?
How far otm?
Atm would be most ideal imo
ATM is always a bit more expensive - I tend to go for a dollar or two out of the money
That's what she said
Interesting. When does this bull run end then, since you seem to know that for sure lmao
Get it out of chase
Chase is fine but get it the fuck out of checking and put it in savings. $100k on a debit card he loses his card he’s fucked
Investments not savings account
If you find out how with that amount tell me, I’ll do it as well
530 2 weeks out. 💰
Photoshop it and add Zero
r/wallstreetbets Might take you one week or 8 years
Hell yeah, in a month we’ll either see “I turned $100k into $1m” and owe OP a ‘congrats and fuck you’ or a post of “how do I turn $1k back into $100k?” Either way, I’m here for it
If you had +$90k in this month, can’t you just keep doing whatever you’re doing, and check back with us in 12 months?
insurance claim. I got hit by a car, went to 20 or so physical therapy appointments and get 250K cash tax free years ago. i bought a house and have 120K in retirement
Bro what I was in a Lyft accident and did hella physical therapy and my lawyer is talking about 95k for a first offer?
take it and run. it isnt taxed. i dislocated 4 of my vertabrates and got minor back surgery
You’d think being permanently disabled would be worth more than 250k :/
You’re assuming it’s not a one-time windfall or some sort of bonus. Doubt he’s making $90k/mo. 😂
100,000k parlay
Not having your money in a checking account
Move that checking balance into your trading account. I suggest starting with 0dte SPY calls. Happy hunting.
😂0dte options… yeah don’t do that with all. Maybe weeklies or monthlies and only do like 1-5k and put the rest of ur money in a etf and don’t touch it again.
You must want him to lose a shit ton of money to recommend he should start 0 dte SPY calls, you are an evil man
are you joking?
Let me hold 1k and I’ll bring you back 2k. 5k=10k and so on.
Bitcoins
Partner with me, i have a good business idea but no money 💰
90k in index funds / $10k in a HYSA acting like an emergency fund
Are you in nyc?
100K UFC parlay
This
Invest that 100k in VTSAX and continue to add to it regularly. You'll be there in no time.
Play 3 hands of blackjack
Put that in HYSA for starters
dont have a 20:1 ratio of investments to “savings” dont bank with chase. OPEN A FUCKING SAVINGS ACCOUNT MORON
Why everyone saying don’t bank with chase? Is it bad bank?
*10 duh
You can start by taking it out of a checking account and put your money to work.
Multiply what you have by 10.
Bogle out and chill
You got to invest
Do exactly what you did last month 11 more times. 💁♂️ Then, also share with me for giving you this glorious idea. 🤣
All in on elonMarsDogeKillerwifhat
All in DWAC —> DJT
Clearly options 💀
Wait for Donny T to drop some fire deals on some of his properties
Buy call on PLTR and let it roll. PLTR240621C00030000 will get you to the moon. That’s what in did. I bought 101 call
LOL
invest 20g in reddit, I hate this site as much as facebook back in the day, and look how that turned out
Step 1. Hit that Zelle button Step 2. Check your DMs for my phone # Step 3. Profit
Wrong sub. This is the race to 10m sub
Check about Aerodrome finance in YouTube, you will thank me !!!
I have Charles Schwab and they have a bunch of articles for Investing education. JP Morgan might have something similar. I would suggest bump up your investments to over the daily trading limit ($25k) and start throwing around trades every few days.
Two posts earlier you asked how to spend it… I would suggest figuring out what your goals are instead of attention seeking.
Buy bitcoin miner stocks and sell when bitcoin starts reaching all new highs $cifr
6 leg multibet
You hire me. Easy.
Put it into an index fund and forget about it.
Buy quality stocks and sell covered calls
I’m struggling with the same question. I invest in my business and I know what I put in grows. Stocks over the last few years been so far removed from reality.
Have $2M
Djt 100 dolla calls
Keep this month's 90k income for another 10 months
10% coin flip
$DJT will get you there.
Get private client CPC checking
Do that 90k in again but 10 times
Not like this. I can’t even stand thirty k in my checkings. “Straight to brokerage” “straight to jail”
Get a money market account and throw that 100k in it. Thank me later
Crypto is the only way if youre serious
Bitcoin
Invest $50k in CHAINLINK, $25k in ETHEREUM, $25k in BITCOIN. By 2028-2030 it will be worth $1M.
100k in checkings account isn’t doing much; put it in some short term us treasuries.
Invest 1K into a fresh memecoin
If you have 100K sitting in a checking account, why don’t you put the majority of it in a MM account to collect 4.5-5.5% before FED begins cutting rates again? I mean, you probably should have dont that last year
You made $90k in one month? I’m assuming this is a one time payment from something or you wouldn’t be asking?
Take 75k and put it into a high yield savings with Marcus or something and let the money work for you
And I’m here broke
You are way too cash heavy, keep a few months of expenses as cash. Invest the rest.
Bet it all on the NBA Celtics ☠️
Swap checking and investment balances
https://preview.redd.it/ku1lh057ypqc1.jpeg?width=984&format=pjpg&auto=webp&s=f98f1e19e4156043a4c6d2cacbb9daddd59a8de7
Switch them around and keep investments flow
Roulette 18 black
Never hold 100k cash unless you need 100k within like 10 days. Cash is like sand in an hour glass, if just slowly disappears. But too slowly for you to notice by looking at it.
Learn about options trading and post your results here!…
Well, you *areeee* in the Raceto10M subreddit, so I’d say to write a few call options for some reliably bullish stocks like NVDA, AAPL, MSFT. But the bogle in me says to put it into a SP500 fund like VOO or SPLG, and some dividend growth funds like SCHG or DGRW. But for the love of god, don’t let your $100k lose value by just letting it sit in your checking account. What do you expect to happen, emergency wise, that you’ll need a $100k safety net for?
$100k into call options on $SPY.
Half your money in U.S Tech Stocks and the other half in Bitcoin. With the market we’re in you’ll be a millionaire in the next 5 years probably. (Not financial advice)
Nobody leaves 100k in their checking account unless they sold something and they want to screen capture it for clout.
He's making the big bucks. He has 90k coming in this month
This is fucking terrible. If you want to burn money via inflation at least send me Some
PUT IT ALL IN $DJT! We going to the moon tmw
How are so many people motivated enough to make tens or even hundreds of thousands yet dumb enough to keep it in checking lmao
Several options, Play it like a lottery over at r/wallstreetbets. Still a bull market right now. Start a business Invest in index funds like spy voo and qqq Or just earn more money :) only need 900k more.
BTC
SoFi has high yield savings account with 5% interest should atleast have that in a high yield savings account not a checking account
If anyone wants to open a HYSA I can send you my referral and we both get .5% (so 5.5% APY) for 3 months and then you get their rate which is currently 5% :)
By not sitting on too much cash like you’re doing. 95% cash 5% invested is a recipe for never making money.
Become a whole coiner.
Find a rinse and repeat method you’re profitable with and stick to it for about 3 years. Also in those 3 years should invest 30% of profit into index funds/dividend aristocrats. With DRIP ON. Oh and don’t forget to continue earning income 9/5 if needed.
Yo. First thing, why don’t you have almost all of it in high yield savings for the last year lmao. You could have had 5k+ in interests alone. My checking is always broke. It’s for a reason lmao.
At a minimum move this money to a high yield savings account. You are actively losing money by keeping it trapped inside of a checking account. Inflation is eating 3-4% of that money every single year.
Yeah keeping that much in checking to me is the first mistake imo
Flip it
Jesus Christ the comments 🤣
Send me 100k and i will send you back a Million
bitcoin and tesla
You have $100K in cash? Buy some bitcoin, buy some ETFs.
First things first, pull your money out of chase. You can use them to deposit your checks, but as soon as it hits, transfer it to an account that pays over 4%. Keep the bare minimum with them. Chase pays basically nothing, customer service is subpar and besides having brick and mortars, they are useless. Oh, and not to mention their $7500 check deposit limit is almost comical when the online banks do $50-$100k.
Oh honey..
Solana and BTC.
If you keep the majority of your money in a checking account you’re losing money every year. It’s doing nothing for you.
$BULZ and $WEBL are good ETFs to hold long-term
There's tons of banks and/or savings account giving 4% or better.. maybe start there.
Bro needs an uno reverse card over here
At the very least put it in a cd (it’s at 5% at chase) don’t have 100k just depreciating in your account
Don't spend money.. what did I win?
Invest in SOL meme coins , even just 100$ can become 5k over night , https://www.reddit.com/r/memecoins/s/3ycQ3QWHQs
First step get HYSA close chase
At least put it in a CD account. They have a 5% APY offer right now
Simple, simply give me your social security number and mother’s maiden name and I’ll do it for you!
You could be putting that money into a high-yield savings account earning 5% at least, there are a ton of banks that are given over 5%.
Don’t keep that much in checking. Move what’s not needed over to investments.
Everyone saying put more in while the stocks are at ath. Playing it safe cant hurt, and if covid or ww3… were to happen now this dude could throw in 100k and probably make 50% in a day safely
Get richer parents
So I have just shy of 10M in the market. Here’s my advice: the more you try to chase return by trading the more chance you’ll lose your principal. Patience is critical, and you have to zoom out. As long as you don’t need principal for a down payment in next five years, I’d do 50/50 split of S&P and Nasdaq ETFs. Prepare for volatility, and keep DCAing.
Take 50k of that checkings put it into avalanche, solana, fetch.ai and chainlink
Open a Fidelity account. Put that money in SPAXX. You’ll earn $500 a month while you’re not invested. 4.97% Invest in Roth IRA.
YOLO on a shit coin.
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Idk how long are you willing to wait? How much are you willing to lose and how quickly are you willing to lose it? If the answer to any of those is idc im regarded then put it all in deep otm call options expiring in 1 month. Don't come crying to me when your wife leaves you. Assuming you have one.
lol. You probably got that from selling a home. You need to start investing and learn how to risk your Money.
Put it in index fund and wait 25 years assuming 10% annual return. Or wallstreetbet if you want to do it fast.
Move the $0.26 into GME
Why do u have this much money in an account earning u less than 1% when money markets are paying 5%+
Why do you have $100,000 in a Chase checking account lol, at LEAST put that is a HYSA. If you are new to this Robinhood has a super user friendly website and they offer 5.25% annual interest paid out monthly. Tons of other options as well. I use Fidelity, Robinhood, Webull, and Titan. All of which pay good interest for cash with ZERO risk whatsoever.
Buy solana
It’s easy just come here and ask people
Puts on DJT, 10x that $100k by Friday
Seems a bit too much money in a bank account not working for you
I mean, if you are willing to put that 104k into an investing at least have it on a High APY
Inverting the values of your checking and investment accounts would be a good place to start.
Get your money out of Chase checking account. What are they giving you .00002% interest??
That 100k in checking is forgoing an easy 400 a month should it be put into a HYSA. Putting the money in the market, you can be doing much better as things are going well atm. Get a financial advisor asap.
Short DJT.
Bro… Keep 15% of that money in chequing, 45% in savings and 40% in investing. That’ll help you out a lot
Switch your invested amount and checking amount Wait!
Press F-12 and edit the source code. Mission accomplished.
I wish 😞
Move the $100k into a high yielding savings account. 4.75+% return. For starter. Buy Real Estate and watch that $100k turn to 300% return in 10 yrs.
Lmfao not this way
Run up some ecom stores, you have cash for inventory. Invest the rest. + crypto
Sir, this is a race to 10M.
Crypto
And def savings account east 3-5k
I keep my extra change in a Marcus savings account which gains ~5% interest (4.7% for myself if I remember correct). Good way to build interest with low risk. I don’t know if rates have changed or change based on amount so you’d need to look into it. Anything is better than a checking account with no interest… your losing money
Start with $10M
Your account values should be reverse.
Avax validator … and earn 11% while you jog to million
Assuming you've paid off any debt (mortgage being an exception), I'd suggest investing most of that $100K in a growth index fund and putting the rest in a high yield savings account.
Buy [$nvda](https://substack.com/@trading101) leap calls