Can someone quickly redpill me on investing, or direct me to a useful site?
I'm just about to graduate, and am in the process of applying for my first 'real' job. The ones I'm going for have salaries of ~£25-30k. On that salary, if I keep my lifestyle frugal I could immediately put aside about ~£5k per year to invest in low-risk stocks. Would it be worth doing this as soon as possible, or should I just chill out, enjoy being young for a bit, and wait until mid-career when I have higher earnings before starting an investment portfolio? Also, what rate of return is typical for a diverse low-risk portfolio? How much research is needed before starting to invest? Do you need a very good understanding of economics, or is it something anyone can do with a bit of common sense and money? Thanks in advance for any answers.
Redpill is buying ETFs, focusing on buying dips and holding for 20-30 years
bluepill is thinking you can make more money doing anything else
Austin Reed
this. ETFs all the way. Get the ones rated 4 or 5 stars by blackrock
Justin White
What rate of return would you be expecting annually with an ETF?
Jordan Young
Don't listen to these pussies
David Jenkins
>low risk >stocks Pick one
Do yourself a favor and max your Roth Ira. Do a 90-10 allocation for good long term growth.
Cameron Hernandez
~7-8%, pick one that reinvests the returns automatically (accumulating).
If you don't want to research ETFs too much, a basic portfolio of two ETFs would be: 85% MSCI world 15% emerging markets
Eli Edwards
I thought, in terms of lowest risk to highest risk, it was something like: Bank account -> Bonds -> Low-risk stocks -> High-risk stocks. Is that not the case?
Is it possible to say what an average weekly rate of return would be for a portfolio like that? I'm trying to work out how much I could accumulate over a year if I invest ~£100 weekly, and whether it's worth doing that as soon as possible or wait a bit later on in my career when (hopefully) I'll be on a £40k-50k salary at least.
Cooper Jones
What course did you study , and what job is it your applying for?, thats a good salary for just graduating, ususally i see the salary being 15-20k for first few years or so then it goes up
