Is there a point investing if I only have 3000 euros? I'm an adult student living with my parents and jobless.

Is there a point investing if I only have 3000 euros? I'm an adult student living with my parents and jobless. Although I am planning to get some wagie job for a little while in summer, which would put me at having 5000 euros to my name

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  1. 2 months ago
    Anonymous

    Yes.

  2. 2 months ago
    Anonymous

    Yes!
    Almost everyone starts small. Don't promise to one day start investing, this is enough to start right now

    • 2 months ago
      Anonymous

      POS crypto, something stable and old
      >tfw 60% on kucoin for hodling usdt

      if op already has 3k he should'be invested way early, doesn't have to bee that liquid when you can ask family for help 'n stuff

      no
      despite what everyone here says, stocks can go down just as likely
      and if its money you really need, that really sucks

      be smart, not ''Oh look! that's looks cool, let's <<<gamble>>>!''

  3. 2 months ago
    Anonymous

    Absolutely yes.

  4. 2 months ago
    Anonymous

    for sure op, but look out for the poojets shilling their shitcoin like $SUPER

  5. 2 months ago
    Anonymous

    no
    despite what everyone here says, stocks can go down just as likely
    and if its money you really need, that really sucks

  6. 2 months ago
    Anonymous

    I have a specific question:
    Can I acquire shares in a big AAA Company as a private person?

    And what minimum amount of shares can be acquired in general?

    And are the percentage ownership shares presented in the statistic in 2- or 3 -digit decimal places?

    • 2 months ago
      Anonymous

      It's not a matter of how much money you have but how liquid you need it to be

      Investments like stocks are best if you wont need that money in the next 3+ years, you dont want to pull out early to pay bills because you spent it on a night out instead

      The minimum you should do is be putting it in a savings account to earn interest

      >Can I acquire shares in a big AAA Company as a private person?
      yes, you can have shares in any company so long as they are publically traded

      >And what minimum amount of shares can be acquired in general?
      Fractional shares are possible but you need to check with whatever platform your using

      >And are the percentage ownership shares presented in the statistic in 2- or 3 -digit decimal places?
      wdym by this?

      • 2 months ago
        Anonymous

        >wdym by this?
        Just out of curiosity as I also like looking at the stats.

  7. 2 months ago
    Anonymous

    If you’re looking for less risky investments like blue chips, I can’t say 3000 euros is a lot. Definitely not a bad idea to put it in a high yield savings account or a money market account if you have access to that. Better than letting it sit in a checking account.

    I’d say put your cash in one of those accounts, and find a way to make more money to continue socking it away until it actually starts showing good results.

    What are your expenses? I’d imagine they can’t be that much living with your folks (based btw, keep saving money living with them if you tolerate each other). What’s the average pay rate for the type of jobs you’re looking at? Get a good idea for what amount of money you’ll realistically bring in working a wagie job suited for your skill level. Make a spreadsheet with your hypothetical income and expenses to figure out how much you can take home and sock away.

    You want my opinion? If you’re looking to put it away for the long term, just buy BTC. It’s stood the test of time, it’s not going anywhere, and retail is finally starting to wake up to its inevitability. It’s a safe bet for the coming decades.

  8. 2 months ago
    Anonymous

    Depends

    Only invest what you can achieve to lose, doesnt sound like you can afford to lose it

  9. 2 months ago
    Anonymous

    I started with 500 and it's now 4k after only one week. Go to twitter find some good callers who don't have a lot of followers. Check biz too. Read the space and get an idea of the narrative that's hot.

    When you find a project on twitter being called that fits the narrative, research it. If it's got active socials, and even better a working product invest 500 in it. Try to be early. The earlier you are, the more risk as there's less confirmation it's going to do well but if the risk pays off you get rewarded handsomely.

    Take out initial investment after 2x and let the rest ride and continue to take profits as ypur bag grows.

    Admittedly, this strategy is risky and not for the faint of heart but it's a way of making good money from relatively little. To my mind, this bullrun is a rare opportunity to make a lot of money for us common folk so, for me, it's worth the risk.

  10. 2 months ago
    Anonymous

    Anyone here who can answer my specific concern?

  11. 2 months ago
    Anonymous

    All in on Ethereum, my dude. Safe and looking extremely bullish.

  12. 2 months ago
    Anonymous

    This is a tough question to answer. You should open a brokerage account and put some money in it just so that it doesn't remain a "one day I'll start investing" sort of deal. Starting to save and invest tends to be now or never. One of my college professors had us open an IRA for extra credit, and I will be eternally grateful for that.

    That said, you have very little money. Only buy one or two stocks, or just an index fund even. You need to have a checking account with regular living expenses, then a an emergency fund, then a retirement account, and then a regular stock portfolio.

  13. 2 months ago
    Anonymous

    I made 80k with 20 bucks in the BSC casino

    • 2 months ago
      Anonymous

      3 years ago

    • 2 months ago
      Anonymous

      Definitely. Do not be demoralized by the homosexuals on here larping. Most of the people posting $100,000+ portfolios are just larping anyway. 3000 euros is a lot, but don't put it all in, just like you wouldn't spend it all in a casino. Probably look at putting 500 - 1000 in if you feel comfortable with that. Also, altcoins are cheap right now, so consider looking into that. ADA, LRC, iExec, and many others.

      Lying homosexual.

  14. 2 months ago
    Anonymous

    I made a lot of money just trading RLC and I started with 5k. But RLC

  15. 2 months ago
    Anonymous

    Yes, but only for learning how brokerages work and how to do trades. Not for actually investing. If you only have €3000, you should save it for emergencies, taking the bus or train to job interviews, work clothes, etc.

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