investing money
Out of context: Reply #25
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- mekk-1
Gotta dig this one out. Anybody here that know a thing or two about investing money?
I have no Idea how to begin with managing my money. Right now I earn X and spend Y, a little is left ofter in my checking account. I keep that cash at a daily allowance.
Just for calculating, If I start with 20K € in a daily allowance account and pay €500 in it every month, then I get a few hundred out of it every year.
That's total BS imo, why should I give up my money for that little plus? I mean, 500€ a year for not using my earned money on nice things like going out or waring nice clothes, thats fucking nothing. I'd rather spend the money and have some quality life than this laughable amount. In ten years it'll be 5.000 but in ten years I can save up 5.000 within a few months.
What's your opinion - how should one start building a fortune?
- Go find yourself a financial advisor. Don't use the first one you talk to, interview a bunch. Stay away from banks for advice, they just want to sell you theirzarkonite
- in-house products. Otherwise, I like dividend funds and market based indexes. Everything else is gambling.zarkonite
- Tx for resurfacing thisbklyndroobeki