(Quite literally the antithesis of anything Parenti)

I just got a raise and have some money to waste. Should I dump it now or wait until later? I'm hoping it might help me pay off some of my loans

It was down pretty big Monday, but I'm guessing the crash that people have been talking about for the past five years will be bigger

  • cawsby [he/him]
    ·
    3 years ago

    Open an account and invest $50-100 a day into a index etf until the money is invested. Here is a good list.

    https://www.investopedia.com/investing/top-sp-500-etfs/

    Dollar Cost Averaging will smooth out any major volatility in the markets.

    https://www.investopedia.com/terms/d/dollarcostaveraging.asp

    • Des [she/her, they/them]
      ·
      3 years ago

      ehh i just throw chunks of money into SPY. i just have some set aside as sort of a "break glass if market crash". it's money that would be part of my emergency savings anyways.

      • cawsby [he/him]
        ·
        3 years ago

        Add Dow Jones and the Russell 2000/3000 index and that is the holy trinity for index fund investing.