Invest into stocks or buy first car?

[Harrison Sawyer]

I know it's super random to post on a minecraft site, but tbh I know theres a lot of smart people on this site and would like some opinions. I have the option of either buying my first car on my 19th birthday, or investing into stocks and buying land or a house in the near future, I am a little stumped, obviously a house long term is probably the smartest option, however a car is great considering I have spent probably $5k in ubers the last 2 years since I got my first job. (Worked 3 jobs at one point... Uber isn't cheap trust me lol)

So, what should I do? Any suggestions? I have $3800 saved currently, I was getting a lot from unemployment and it suddenly stopped, I was hoping to do both but now I gotta choose one lol. Advice would be great! Btw, looking to buy the Nissan Titan..


^^^^ Forgot to mention, my friend's dad is a financial advisor, so i would be talking to him in terms of land etc, ik 3.8k isn't much for land, i was thinking do stocks then put that into land or something like that lol

 

[Sullybash12]

I'd say a car isn't a bad idea if you take care of it. Stocks aren't the best idea to invest in right now unless you are extremely skilled and experienced. $3800 won't get you much in terms of land, so.

 

[Katana]

3.8k wont get u shit in terms of land, get a car g.

 

[Grace.]

$CCL calls for 2022 are literally free money

on a side note
MONEY PRINTER GO BRRRRRRRRRRRRRRR

 

[SmackAttack]

I don't know where you live but where I'm from 3800$ won't even get you close to buying any land or a house. Like you said, looks like a car would actually end up saving you money so I'd go for that.

 

[Grace.]

Like sully said above $3.8k won't get you much if you invested in stocks unless you know exactly how to, I'd say just buy the car since Uber costs you a bit depending on how much you ride with it.

$CCL 2022 calls free money

 

[Airee]

$CCL 2022 calls free money

following stock advice on forums: notoriously a good idea.
get a car, a car is freedom. a car is money. imagine how much you'd save on Uber and how much you'd make if you drove Uber?

 

[Grace.]

following stock advice on forums: notoriously a good idea.

ikr

 

[Harrison Sawyer]

I don't know where you live but where I'm from 3800$ won't even get you close to buying any land or a house. Like you said, looks like a car would actually end up saving you money so I'd go for that.

^^^ That's why I'd invest into stocks and ideally in a few years I could buy a house or land...

 

[Airee]

^^^ That's why I'd invest into stocks and ideally in a few years I could buy a house or land...

Maybe. Ideally. A car gives you stability and a bare minimum quality of living.
A car and a phone, all you need to 100% make it in life. Everything else can come after.

 

[Harrison Sawyer]

following stock advice on forums: notoriously a good idea.
get a car, a car is freedom. a car is money. imagine how much you'd save on Uber and how much you'd make if you drove Uber?

Tbh that would be a great way to make money didn't think of that, I only got my permit, once I get my own car etc i will start learning more but kinda putting it off cuz insurance will go up maybe and such seems easier to wait, but yeah shipt uber and uber eats i could do and make bank... even right now.... hmmmmmmmmmmm[DOUBLEPOST=1592124271][/DOUBLEPOST]

Maybe. Ideally. A car gives you stability and a bare minimum quality of living.
A car and a phone, all you need to 100% make it in life. Everything else can come after.

True, I mean, still would be nice to be 22 (random age) and have no house payment lol cars are pretty cheap... at least even temporary ones, thats my struggle, having no house payment and pretty much live without bills would be nice...

 

[Airee]

Tbh that would be a great way to make money didn't think of that, I only got my permit, once I get my own car etc i will start learning more but kinda putting it off cuz insurance will go up maybe and such seems easier to wait, but yeah shipt uber and uber eats i could do and make bank... even right now.... hmmmmmmmmmmm

assuming you are american (FromAmerica): if you're young and male as your profile picture suggests, you are NOT going to like insurance. say goodbye to like... 700/month.

 

[Sparko]

if your public transport is good and cheaper than getting a car + gas then go for stonks​

 

[Zero]

I know it's super random to post on a minecraft site, but tbh I know theres a lot of smart people on this site and would like some opinions. I have the option of either buying my first car on my 19th birthday, or investing into stocks and buying land or a house in the near future, I am a little stumped, obviously a house long term is probably the smartest option, however a car is great considering I have spent probably $5k in ubers the last 2 years since I got my first job. (Worked 3 jobs at one point... Uber isn't cheap trust me lol)

So, what should I do? Any suggestions? I have $3800 saved currently, I was getting a lot from unemployment and it suddenly stopped, I was hoping to do both but now I gotta choose one lol. Advice would be great! Btw, looking to buy the Nissan Titan..


^^^^ Forgot to mention, my friend's dad is a financial advisor, so i would be talking to him in terms of land etc, ik 3.8k isn't much for land, i was thinking do stocks then put that into land or something like that lol

Buy a car, but not a new one. Cars have a very rapid value loss within the first two years.
You can get a good used car for 1-2k, maybe even less.

 

[Airee]

YOU LIKED MY POST FOR CAR INSURANCE! WHO THE FUCK LIKES CAR INSURANCE?
A car is your key to a normal life. Do you not at least want that guaranteed for you?
Have you considered getting a total fucking shitter of a car and investing like, $200 and see if you make anything?
Dumping a ton of money into 1-4 plays in the market is the WORST MOST STUPID FUCKING IDEA.

 

[Harrison Sawyer]

assuming you are american (FromAmerica): if you're young and male as your profile picture suggests, you are NOT going to like insurance. say goodbye to like... 700/month.

lol yep, i know it will be crazy pricey, i mean, its actually LESS than what I spent on uber tbh most of the time $15 to work and home... $30 right there, sometimes to one job another $15 to the other and $15 home... so maybe $30-$45 a day x 4-5 days a week... $120-150 a week.. so probably a lot of the time I was spending $480-$600... a lot of the time my dad brought me but some months I did spend a lot lol..... anyways very random ramble about this all ^^

 

[SmackAttack]

^^^ That's why I'd invest into stocks and ideally in a few years I could buy a house or land...

It's hard to make that much profit in 'a few years' when you start with 3800$. If you really wanna go into stocks I'd recommend investing in proper courses that train you, papertrade for a while and when you're profitable on paper go into actual trading.

 

[Airee]

BTW insurance is gonna be so much cheaper with a shit car. Nobody is gonna think your penis is smaller. There tends to be an inverse effect between car cost and dick size.

 

[Harrison Sawyer]

It's hard to make that much profit in 'a few years' when you start with 3800$. If you really wanna go into stocks I'd recommend investing in proper courses that train you, papertrade for a while and when you're profitable on paper go into actual trading.

"^^^^ Forgot to mention, my friend's dad is a financial advisor, so i would be talking to him in terms of land etc, ik 3.8k isn't much for land, i was thinking do stocks then put that into land or something like that lol" even with this in mind? He'd be the one that helps me