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Ask HN: I have money, What should I invest it in?
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2 points
by topraman
4468 days ago
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Just curious to know success stories are out there of folks that invested in businesses that took off. And any advice they are willing to give? It could by any time of investment such as real estate, stocks, coin laundry, etc... Assume someone had about 30k to start |
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Make a financial goal, and Betterment will tell you the possible outcomes if you put X% in stocks and 100-X% in bonds. You select a risk level you feel comfortable with and it'll handle the rest for you. It's also like a bank account - you can deposit and withdraw at any time.
As the Wu-Tang Clan said, you need to diversify your bonds: https://www.youtube.com/watch?v=1_rDtmT246s