▲ 118 ▼ What can I do with US$10K that is a good investment? (lemmy.world) submitted 2 years ago* (last edited 2 years ago) by robocall@lemmy.world to c/nostupidquestions@lemmy.world 95 comments fedilink hide all child comments Edit: update I decided on a CD. I may do an index fund in the future. This was a short commitment and easy to understand. Thanks everybody.
[–] otter@lemmy.dbzer0.com 0 points 2 years ago (1 child) Going about it that way is like brute forcing a password. There are myriad other solutions, and necessity is the mother of invention. permalink fedilink source parent hideshow 2 child comments replies: [–] lord_ryvan@ttrpg.network 1 point 2 years ago (1 child) I'm not sure what you mean by that, so just to clarify what I meant: A lot of countries require you to prove you have a sustainable income, so showing them you've earned 2500-3000 EUR every month for the past three years, and that you already have a contract waiting for you in their country, works. Showing you received 10 000 USD once when you can't prove a sustainable income won't do. This makes it hard for people to move just because they got lucky with money once. I'm not saying it's a good thing or not, just that this is the case. permalink fedilink source parent hideshow 2 child comments replies: [–] otter@lemmy.dbzer0.com 1 point 2 years ago Yes, this is known. permalink fedilink source parent
[–] lord_ryvan@ttrpg.network 1 point 2 years ago (1 child) I'm not sure what you mean by that, so just to clarify what I meant: A lot of countries require you to prove you have a sustainable income, so showing them you've earned 2500-3000 EUR every month for the past three years, and that you already have a contract waiting for you in their country, works. Showing you received 10 000 USD once when you can't prove a sustainable income won't do. This makes it hard for people to move just because they got lucky with money once. I'm not saying it's a good thing or not, just that this is the case. permalink fedilink source parent hideshow 2 child comments replies: [–] otter@lemmy.dbzer0.com 1 point 2 years ago Yes, this is known. permalink fedilink source parent