Advice
We’ve been grinding for years to pay off debt and are finally seeing some light at the end of the tunnel. Husband knows absolutely nothing about the stock market. I just started investing within last couple of years and trying to educate myself. I started by opening a Robinhood acct (I already know), and it has around 10k in it. Most is in big stocks (Amazon, Google, Walmart, HD), and about 2-3k is in Bitcoin that I know I don’t “own”)
We are maxing out IRAs for both of us with fidelity (going on 2 years) and all of our kids have 529’s going. We have 3 kids under 8. I’m confident we will be able to continue to save and invest.
I’m thinking about cleaning out the Robinhood acct and putting the 10k all into bitcoin and self storing. My husband doesn’t care what I do with this account because it’s mostly money I’ve saved on my own. But I’m nervous! And some of my stocks were purchased when market was tanked. I will do all my research and practice with small amounts first. But is this a good idea? We don’t have tons saved yet so losing it would hurt. But we’re also 40 yrs old and I think it’s a risk that could really pay off for us. I’m just so nervous! I grew up poor so it’s a lot of money to me. I didn’t post in the beginner Bitcoin thread because I want the advice from this group.
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