4 ms·
Because the market is batshit insane right now. Been investing for 30 years (started right after the Savings and Loan Scandal bust in the late 80's), and the in
by SavantIdiot 5y ago
Because the market is batshit insane right now. Been investing for 30 years (started right after the Savings and Loan Scandal bust in the late 80's), and the insanity dwarfs the Dot Com bubble. People who don't understand the basics of investing always joke about how it is a casino, and that was always a little true, but now it is massively true.
- bad_username 5y agoWhat advice would you give today for someone who is sitting on some cash but looks to begin investing it?
- SavantIdiot 5y agoETF index funds if you don't want to think too hard about it and don't want to hire someone to manage your money. IWF (Russel 1000), IVV (S&P500), VNQ (Vanguard real estate) to name a few. Just trickle money in and forget about it. If you want to be a little more thoughtful map out the cap/growth 3x3 grid from Morningstar with ETFs. Remember: you won't be selling anything until you retire, which will probably be 40+ years from now. Goal isn't stonks or diamond hands or any of that inane b.s., it is about safe stable investments so that you can enjoy life after your primary career comes to a close.