Investing Questions
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Investing Questions
I have been looking to set up an online account at schwab or wherever where I can start investing. I don't know where to start. I'm have a few grand in stocks at the company I work with, and I want to set up a 401k there as well, but I am not an expert or even a novice on stocks, bonds, markets etc.
I also don't have a lot of money to play with, as my job doesn't pay much. But I want to start putting aside money a little each week, and keep in there and start building a nest egg for myself 30 years down the road. I'm 29, and I have no kids, wife, mortgage etc, so even if I fuck this up it will not be the end of the world. I can only fall so far.
Anyway, what is the best way to start investing? If you were me, ie someone without much money, how would you start? Where would you go? Even trying to set up an online account is tricky, because the options for what type of account are all terms that I do not understand. How much should I put in my 401k? I have not talked to my boss about this yet because of the Covid and Easter rushes going on.
Any and all help on this would be appreciated.
I also don't have a lot of money to play with, as my job doesn't pay much. But I want to start putting aside money a little each week, and keep in there and start building a nest egg for myself 30 years down the road. I'm 29, and I have no kids, wife, mortgage etc, so even if I fuck this up it will not be the end of the world. I can only fall so far.
Anyway, what is the best way to start investing? If you were me, ie someone without much money, how would you start? Where would you go? Even trying to set up an online account is tricky, because the options for what type of account are all terms that I do not understand. How much should I put in my 401k? I have not talked to my boss about this yet because of the Covid and Easter rushes going on.
Any and all help on this would be appreciated.
Shikata ga nai
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Re: Investing Questions
For legal reasons, we are not threatening to destroy U.S. government property with our glorious medieval siege engine. But if we wanted to, we could. But we won’t. But we could.
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Re: Investing Questions
My skill at poker is probably even less than my skills at investing.
Shikata ga nai
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Re: Investing Questions
I didn't start in the equity markets, the first thing I bought was real estateheydaralon wrote: ↑Tue Apr 14, 2020 10:47 amAnyway, what is the best way to start investing? If you were me, ie someone without much money, how would you start? Where would you go?
The equity markets became a way to stop working
But first you need a place to live, paying your own mortgage, not someone elses
You're not going to make a huge return inflation adjusted over 25 years
But it's like a savings account, which you can live in
Plus chicks dig it
A bachelor who owns his own home is the most eligible in town
Nec Aspera Terrent
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Re: Investing Questions
I know sweet Fanny Adams about investing either but I reckon you've chosen the best time in your life to start.heydaralon wrote: ↑Tue Apr 14, 2020 10:55 amMy skill at poker is probably even less than my skills at investing.
Good luck.
For legal reasons, we are not threatening to destroy U.S. government property with our glorious medieval siege engine. But if we wanted to, we could. But we won’t. But we could.
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Re: Investing Questions
Telling you right now, a young single man who owns his own fully detached home ?
Blow Job City
A savings account which you can live in, which also rules the putty
Blow Job City
A savings account which you can live in, which also rules the putty
Nec Aspera Terrent
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Re: Investing Questions
How many different houses have you owned over the years? my concern (and realistically I'm probably 3 years away from getting a job that would allow me property) is that the employment market may force me to move. In the early stages of life, is owning the property more important than its location?Smitty-48 wrote: ↑Tue Apr 14, 2020 10:56 amI didn't start in the equity markets, the first thing I bought was real estateheydaralon wrote: ↑Tue Apr 14, 2020 10:47 amAnyway, what is the best way to start investing? If you were me, ie someone without much money, how would you start? Where would you go?
The equity markets became a way to stop working
But first you need a place to live, paying your own mortgage, not someone elses
You're not going to make a huge return inflation adjusted over 25 years
But it's like a savings account, which you can live in
Plus chicks dig it
A bachelor who owns his own home is the most eligible in town
Shikata ga nai
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- Posts: 36399
- Joined: Wed Nov 30, 2016 3:22 am
Re: Investing Questions
I've owned four houses, three I lived in, one is an investment propertyheydaralon wrote: ↑Tue Apr 14, 2020 11:06 amHow many different houses have you owned over the years? my concern (and realistically I'm probably 3 years away from getting a job that would allow me property) is that the employment market may force me to move. In the early stages of life, is owning the property more important than its location?Smitty-48 wrote: ↑Tue Apr 14, 2020 10:56 amI didn't start in the equity markets, the first thing I bought was real estateheydaralon wrote: ↑Tue Apr 14, 2020 10:47 amAnyway, what is the best way to start investing? If you were me, ie someone without much money, how would you start? Where would you go?
The equity markets became a way to stop working
But first you need a place to live, paying your own mortgage, not someone elses
You're not going to make a huge return inflation adjusted over 25 years
But it's like a savings account, which you can live in
Plus chicks dig it
A bachelor who owns his own home is the most eligible in town
You asked where you should direct your investment first, at your age, blow job city is where I went
Location is paramount,
don't settle
buy a place which you would be happy to live in for the rest of your days, if you got stuck there
Nec Aspera Terrent
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Re: Investing Questions
You have never seen panties melt like when the day you buy your sacred woman a fully detached house
Not a condo, a real house, a home :bites lip:
Nec Aspera Terrent