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The Water Cooler
General Discussion
Investing some "fun money"
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<blockquote data-quote="Veritas" data-source="post: 4233381" data-attributes="member: 55012"><p>So no one beats the market long term. If you think you’ll need the money in the near term or can’t risk losing it then there are dozens of regular savings accounts that are paying 5% right now. </p><p></p><p>Otherwise wealthy people (and not your broke cousin with an opinion or a TikTok influencer) recommend investing in a very low fee (Vanguard is the leader here) mutual fund indexed for the entire Dow Jones or S&P 500 and leave it.</p><p>Overtime you will see an average of a 10% return given all of US history</p></blockquote><p></p>
[QUOTE="Veritas, post: 4233381, member: 55012"] So no one beats the market long term. If you think you’ll need the money in the near term or can’t risk losing it then there are dozens of regular savings accounts that are paying 5% right now. Otherwise wealthy people (and not your broke cousin with an opinion or a TikTok influencer) recommend investing in a very low fee (Vanguard is the leader here) mutual fund indexed for the entire Dow Jones or S&P 500 and leave it. Overtime you will see an average of a 10% return given all of US history [/QUOTE]
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Investing some "fun money"
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