Keep stockpiling money, you're doing it the right way. A large reason I can never be married is that there are so few women I can see eye to eye with financially.
I'm going to start investing in bitcoin as well after the current bit coin bull market. Bit coin loves to surge during times of uncertainty, so I'm confident it will come back down after this drama unfolds. I tripled my money in bitcoin twice, but never serious investments.
If you're serious about private investing I can't speak highly enough about mutual funds that mimic the stock indexes.
I'm not sure I should say what I'm invested in? Not sure if there's a way to dox that?
But anyone who's been dollar cost averaging in since 2016 has seen explosive growth. At last check, iirc, it was around 17% yield, which is freaking enormous.
When you invest privately, the stocks are YOURS. They are partially liquid assets that you can withdraw and use at your will, without the chains of a 401k.
Mutual funds are only part of the diversification process. You still need traditional savings insured by FDIC, your (hopefully employer matched) pretax 401k, and any other buckets you're comofrtable holding money in.
It's the buy and hold. The volatility of bitcoin* presemts great risk and reward, and it's only recently I think I feel comfortable going in long term.
Large cap currently. Choose your poison, schwab,fidelity,vanguard, etc.
My current prediction is that small and medium cap index funds should explode if/when we ever return to normal. Big business seems to be completely unaffected, if not profiting.
New normal, if we lose the republic, will mean living in a socialist hellscape, but that's even more reason to make sure you are investing your money where the wealthy are. Wallstreet is the tool of Soro's wealth. So long as he and other wealthy people stay invested, I think it should be pretty stable regardless of who is in power.
Have a look at MGK, the Vanguard mega-cap growth fund. Tiny expense ratio, performance charts are very impressive (beats the pants off the S&P500 consistently), and the companies inside are enormous and thus pretty darn safe.
Keep stockpiling money, you're doing it the right way. A large reason I can never be married is that there are so few women I can see eye to eye with financially.
I'm going to start investing in bitcoin as well after the current bit coin bull market. Bit coin loves to surge during times of uncertainty, so I'm confident it will come back down after this drama unfolds. I tripled my money in bitcoin twice, but never serious investments.
If you're serious about private investing I can't speak highly enough about mutual funds that mimic the stock indexes.
I'm not sure I should say what I'm invested in? Not sure if there's a way to dox that?
But anyone who's been dollar cost averaging in since 2016 has seen explosive growth. At last check, iirc, it was around 17% yield, which is freaking enormous.
When you invest privately, the stocks are YOURS. They are partially liquid assets that you can withdraw and use at your will, without the chains of a 401k.
Mutual funds are only part of the diversification process. You still need traditional savings insured by FDIC, your (hopefully employer matched) pretax 401k, and any other buckets you're comofrtable holding money in.
It's the buy and hold. The volatility of bitcoin* presemts great risk and reward, and it's only recently I think I feel comfortable going in long term.
edit for typos and missing words, it's late, heh
It's like cooking, lol. But then again Americans have trouble reading in adulthood because they prefer audio/video.
which funds?
Large cap currently. Choose your poison, schwab,fidelity,vanguard, etc.
My current prediction is that small and medium cap index funds should explode if/when we ever return to normal. Big business seems to be completely unaffected, if not profiting.
Ahhh another pf member, I see...
pf?
I hope that stands for pede financiar
We are never returning to normal. Not without a mass pleb uprising. UN Agenda 2030 is in full swing.
There's a huge "Maybe" here.
New normal, if we lose the republic, will mean living in a socialist hellscape, but that's even more reason to make sure you are investing your money where the wealthy are. Wallstreet is the tool of Soro's wealth. So long as he and other wealthy people stay invested, I think it should be pretty stable regardless of who is in power.
Good to know, thanks!
Have a look at MGK, the Vanguard mega-cap growth fund. Tiny expense ratio, performance charts are very impressive (beats the pants off the S&P500 consistently), and the companies inside are enormous and thus pretty darn safe.
I'm in something very very similar. The vanguard admiral funds, imo, are the best there is, for hands off private investing.
FXAIX or FSKAX if you use Fidelity