This question is hardly possible to disclose in a couple of posts)) It all depends on the amount that you expect to invest. If this is a small part of the monthly salary, then you can think about stocks or cryptocurrency. If you already have a ready-made pool for large investments (for example, after the inheritance), then you can consult about wealth management. This will reduce the risks for you. I myself do not understand anything in the stocks and use the third option - I invest in the business of my friends. While this is going well but there are risks here, I understand that.
I have been investing a for years but mostly in index funds, mutual funds, and ETFs. I have since started taking more interest in the market and in individual stocks, but was curious what companies other people have their eye on.
How do you like the performance of the ETFs, compared to your mutual funds? I have been considering ETFs more and more myself recently. As of right now mutual funds are the only thing I really mess around in and I just want to diversify a little further.
It’s hard for me to answer that… I was never really that into investing when I was younger but did have some mutual funds. From my own perspective I think I would have been better off just buying an index like SPY, QQQ, BRK-B. Many of my mutual funds have not performed as well as many index funds or ETF when I compare historical data.
I have some very savvy peers who are don’t like mutual funds at all due to their high internal running costs. That same person primary trades in individual companies and ETFs only and does very well.
I think age plays a large role in how they should approach the market because you can be a lot more aggressive earlier on as much of this is a time honored exercise.
I really like technology… I just wish I did a better job at trusting my gut and taking more risks because I could have crushed the index in comparison. Over the last 5 years most of the tech stocks have done VERY well.
This is also a pretty scary time to enter the market… I’m waiting for things to pull back a bit but it keeps going up.
I got ya, thanks! I'm kind of in the same boat, I feel like even at 27 I'm a little late to the investment game and I'm still very green. I've only had my mutual funds for about a year and a half and don't contribute a ton to them. I've wanted to up that amount but wasn't sure if I was impressed enough by them to do so. So it looks like the switch to (or addition of) ETFs will be something to look more into.
Trading in individual companies is something I've always been interested in, but just never taken the steps toward. Tech seems like a good alley to look down, albeit risky like anything else. I have to imagine that's what's making the world go 'round at this point and I'm sure that trend will continue.
im doing very well with tesla. got it for 23 buck a share and still have it. should have bought more. but you just never know.I've learned that the market is run by the corrupt federal reserve which links to the corrupt IMF, which is linked to the new world order globalist scum of the earth. I've also learned you can take a risk with investing in the market.
It's a 50/50 shot you will do well. Consider the stock market one big casino.
My money goes to GOLD & Silver ETF's. It's like money in the bank.
When that corrupt fed crashes the market using a fake recession, gold & silver will rise. Always does.
Boeing is still a good single stock to own and any military related stock. Lockheed Martin, etc.
Stay away from Tesla. Stay away from IT Stocks. Stay far away from pharmaceutical stocks. Stay far away from FORD & GM.
Just my 2cents.
I got ya, thanks! I'm kind of in the same boat, I feel like even at 27 I'm a little late to the investment game and I'm still very green. I've only had my mutual funds for about a year and a half and don't contribute a ton to them. I've wanted to up that amount but wasn't sure if I was impressed enough by them to do so. So it looks like the switch to (or addition of) ETFs will be something to look more into.
Trading in individual companies is something I've always been interested in, but just never taken the steps toward. Tech seems like a good alley to look down, albeit risky like anything else. I have to imagine that's what's making the world go 'round at this point and I'm sure that trend will continue.