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by jdlshore
1307 days ago
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Because you’re young, the “right” way to invest is to automatically put a portion of your monthly paycheck into an stock market index fund such as VTSAX and ignore it for 25 years. Over time, you can expect an average return of at least 7.5% per year, which will double your money every 10 years. Some years will see big gains; some years will see big losses; but it will average out. You need to have the discipline to ignore the ups and downs. Start by going to vanguard.com and opening a brokerage account. Use the website to set up automatic investments into VTSAX. Then you can investigate @robcohen’s advice at your leisure. The important thing is to just get started. (I’m not sure if you can use Vanguard from Europe. It’s a good place to start, at any rate.) |
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