Community Discussions
Explore the latest discussions and community conversations related to this domain.
Lose money with friends!
Main Post: Lose money with friends!
Professionals, what are the best ways to make money work for you?
Main Post:
I (25m) just hit a $20k milestone in my savings and I wanted to start making that money work for me. I thought about starting a business, but I dont know what business I would want because I dont have any passions. I also thought about stocks, bonds and crypto which I do have a little experience with. Any other ideas?
Top Comment: Look up the bogleheads reddit. Something like 95% of investment managers cannot beat the returns of the S&P 500 long term. If you want simplicity, just put it all in the S&P 500 ETF or the Total US Market ETF. But first you want to have an emergency fund in case you lose your job (6 months living expenses) and invest in your 401k at work up to the company match.