Posted by: ernestguy433 August 21, 2020
Where to invest ?
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Congratulation on saving a hard earned money / 50k$. If it took you 7 years to save 50k, as one of the guys post above , u probably work in decent hard working job. I would not recommend you to put everything on stock, it is okay to play with with few thousand dollars that u can risk loosing. Rest you should invest on something safe. I was addicted to investing on stock, I still am, I have gained about 15% in my stocks portfolio, which is pretty decent. But also rich become richer because they invest a lot and a Small increase in shares gives them a big bucks. My advice for you will be: first learn abt investing on stock - maybe play with few hundred dollars and later invest few kilo$ on safe stocks or safe investments.
As of me, I have invested all my savings of 3yrs, which I do not recommend playing this risky game.
My portfolios: 200k diversified on Apple, amazon, JP Morgan, Disney, Boeing , SHLL, delta airline, Marriott, CZR, PLAN, voo, VGT, dollar general, Adobe, Shopify, Microsoft, Moderna, coke, Docusign, Netflix, PSTH, FMCI, Bank of America...
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