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Note that this applies to vanilla investing, like index funds. You can easily automate that if you want. If you're really just looking for modest stable yields,
by sigmoid10 1y ago
Note that this applies to vanilla investing, like index funds. You can easily automate that if you want. If you're really just looking for modest stable yields, you may as well invest in bonds right now. The US GOV 12 month is at >4%. With inflation significantly below, that's like free money (if you've been an adult in the 2010s you'll know what I mean). But don't expect to make a lot of money in less than a generational timeframe either way.
- jimbokun 1y agoTo make A LOT of money you probably need to start a successful business. Looking to take on more risk in equity investments is just as likely to end up with you going broke as it is to get outsize returns.
- sigmoid10 1y ago>Looking to take on more risk in equity investments is just as likely to end up with you going broke as it is to get outsize returns. You should look at the chances of your business becoming that successful. They are equally slim. And you have a lot more personal exposure if your business fails vs. if one fails that you only invested your money in and not your time and health.