J
Jessica B.
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Money 101
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Start with a broad market ETF (Total Market like VTI) get used to unrealized gains/losses and consistently deposit money into the market.
I really want to learn more about investing seems like you can really make good money
Making consistent deposits on a regular basis
Set a figure you want to put in the market each month
But how do you know where to invest
What to invest in
Is it best to invest in the crypto world or real estate?
Consider investing in something you are familiar with.
Invest what you can stand to lose as well
Any suggestions on some good stocks or crypto? Specific one's I mean?
Investing is often a direct reflection of consumerism, so consider what type of products you enjoy and look at their history, dividends, potential growth, how much say you have as a shareholder, and what's going on with their government, (laws and regulations in which they're required to abide by.) You can find a lot of this information on the Nasdaq website.
If investing in the stock market is something that is new for you, a lot of websites offer free education on the subject. Investing companies like TD Ameritrade offer accounts which you can practice with fake tokens to see how everything reacts in the market and books like, A Random Walk Down Wall Street, or, The Intelligent Investor, are excellent reads to grasp the fundamentals.
Ok!!!
I recommend having two retirement investment accounts; a 401k with your employer (if that’s an option) and an IRA (Roth or traditional).
Does anyone here use Stash?
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Stay away from penny stocks most of them are pump and dump scams.
Learning something here
Great stuff, thanks for sharing