4 ms·
That sounds more like speculating than investing. I always view investing as simply a hedge against inflation rather than a true money making venture. If you a
by zapperdapper 8y ago
That sounds more like speculating than investing. I always view investing as simply a hedge against inflation rather than a true money making venture.
If you are investing put it in a low-cost index tracker sheltered in a tax efficient vehicle (in UK that would be ISA or private pension scheme). Let it compound forever. That's probably what I would do.
If you've not heard of him, look up Harry Browne. He recommended splitting your portfolio four ways: gold, cash, bonds, stocks. He reckoned that way you'd do OK no matter what was going on in the world.
If you feel more like speculating perhaps learn poker and take a trip to Vegas? ;)
- ratsimihah 8y agoI've played poker overnight in Atlantic City and made about $100 with $100. Not exactly profitable. The cash, bonds, and stocks advice sounds similar to what Ben Graham recommends in the Intelligent Investor. Thanks!