Investing is like religion – people have some strong opinions and may even belong to one of many “sects”.
There are the doomsday preppers who are convinced our financial system will collapse, so they stick all their money in gold and real estate. There are the optimistic and opportunistic day-traders with their Batcaves covered in wall-to-wall monitors. And there are the indexers, those that simply invest in everything in order to take advantage of the slow and steady increase in the overall value of the markets.
If you already belong strongly to one of the above camps, you may not find the investing resources on Money Under 30 useful. If, however, you have an open mind and are interested in learning simple strategies for successful lifelong investing – without any gimmicks – then read on.
My personal investing philosophy is quite simple: Create broad diversification through a mix of low-cost mutual funds and ETFs, while keeping it fun by holding individual stocks with up to 10 percent of my assets.
To start investing, you’ll need to make a few choices: Get it on https://immfx.com/accounts/account-types/