investing money
investing money
Out of context: Reply #28
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- section_0140
If you just want your money in the bank to do more than sit there and do jack shit, mutual funds are great. Get in a few low to med risk ones, and you'll make something. Municipal bonds are apparently safe too, but I think they're a minimum 10k investment (I think, not 100% sure).
It's worth getting an adviser if you don't feel like doing your homework (like me). Last year was the first year in the last 5 I made less than 10% (actually just broke even). Which isn't bad for just buying some shares and never looking at it.
- I'm no expert. I've heard getting an advisor would simply offer the same advice of investing in a mutual fund due to its diversified safety.********
- here's a financial advisor giving an outline of a diversified portfolio (Canada-centric): http://www.greaterfo…monNom
- Up or down, you pay 2-3%yr as management fee in mutual funds. Exchange Traded Funds (ETF) tend to have much lower fees, like 0.25% for index funds.monNom
- ^ "Good news is thatMillennials make about 2% more than their parents did" That's bad considering gas was $1.21, stamps 20 cents, and eggs were $1.01 in 1984.********
- this is true... my health sciences mutual fund has returned over 200% in 10 years. That's a lot of free money for no workmonospaced
- I'm no expert. I've heard getting an advisor would simply offer the same advice of investing in a mutual fund due to its diversified safety.