Do what the Dinosaur says!!!
Do what the Dinosaur says!!!
Here I am to save the day!
Start small. I can't stress that enough. If you're new to the stock market game and you're learning the ropes, then start small and see what works and what doesn't. The last thing you want is to blow all your savings on something that looked like it would rise, but dropped.
Also, use money that's lying around and don't really need. If you need that money, but you're hoping it will increase so you can pay the bills and have a little cash on the side, it's a bad move, because you could lose it all and be in debt.
I would use a mutual fund, which keeps track of major companies and does the guesswork for you. The people running the funds but a little bit of your money in a lot of different stocks, so that if one drops, the others will make up for that loss. It's the slow and steady method, but it saves you the work and puts your money in the hands of people who know what they're doing. If nothing else, it's a good place to start.
Real estate. Can't really go wrong with real estate.
Pick your futures carefully, though. They're very high risk. Something that seems like a good idea today could blow up in your face (or make you obscenely rich). Do some good research.
Isn't the real estate market currently massively FUBAR? I mean they're trying to fix it but... yeah.
Buy my crypto blockchain whatever crap coin! Only $99.99 per coin before I cash out and crash it!
first of all asshole your economics degree didn't do anything for you, you smurfing show off windbag, you are smurfing 20 years old and know smurf all, shut up
but actually you're right diversifying is a nice strategy and I guess I followed this advice into adulthood and it worked a little bit so ok but still shut up
But also, yes. Maintain a globally diversifed total market index fund and consistently dollar cost average with deposits month over month. The higher your savings rate, the faster you gain financial independence.
Or the casinos and lotteries are pretty good investment. Some call it gambling which I disagree. Setzer from FFVI owns the world only airship thru this so this speaks a lot of volume.
Don't invest. Just find a winning lottery ticket somewhere on the ground. That's my retirement plan!