Ask HN: I have money, What should I invest it in?
Just curious to know success stories are out there of folks that invested in businesses that took off. And any advice they are willing to give? It could by any time of investment such as real estate, stocks, coin laundry, etc... Assume someone had about 30k to start
5 comments
Unless you have a good insight, you're probably not going to beat the market. I'm a big fan of Betterment:
https://www.betterment.com/
Make a financial goal, and Betterment will tell you the possible outcomes if you put X% in stocks and 100-X% in bonds. You select a risk level you feel comfortable with and it'll handle the rest for you. It's also like a bank account - you can deposit and withdraw at any time.
As the Wu-Tang Clan said, you need to diversify your bonds: https://www.youtube.com/watch?v=1_rDtmT246s
Make a financial goal, and Betterment will tell you the possible outcomes if you put X% in stocks and 100-X% in bonds. You select a risk level you feel comfortable with and it'll handle the rest for you. It's also like a bank account - you can deposit and withdraw at any time.
As the Wu-Tang Clan said, you need to diversify your bonds: https://www.youtube.com/watch?v=1_rDtmT246s
Hahaha thanks for the site, and thank you Wu-Tang Financials
The worst thing you can do with your money is make a mistake with it. So make sure you don't rush into anything without fully understanding what you're getting into.
You can just give it to me.