|
|
|
|
|
by throwawayninja
1642 days ago
|
|
I expect OP is young (as am I) and our biggest threat is that we often don't know what the wise investment is. My personal strategy is to invest in: Skills > Tools > Relationships > Knowledge > Cash for rainy day > Stocks > Crypto/Prediction markets/gambling. The last one feeds into the Skills/Knowledge investment, and I've often heard it's not worth doing at all; but learning to flip $10 of garbage asset into $11 in a crummy market sounded like a skill worth risking $10 to learn, and it's given me huge respect for existing financial institutions because I was able to personally encounter all the risks/problems they protect society from. |
|
If you want a general rule of thumb look to invest in the broader market mainly and then have smaller portions of your portfolio invested in riskier assets.