Hey guys, I'm a 19yo college student. I make a passive income of 400 bucks a month while at school, and around 400 per week when I'm back home working at the grocery store. I plan on putting 150 dollars from each paycheck towards this, so hopefully by the time I'm out of college and working I have an established savings account.
My dad thinks I should be pretty aggressive whilst I don't have much money to lose. I'm not really sure I agree, I'd like to be a little more conservative though I understand his point.
Could anyone help me or direct me to some good resources?
What should I set my IRA to invest in?
byu/Gullible_Travel_4135 ininvesting
Posted by Gullible_Travel_4135
5 Comments
Fxaix
please bother reading sub resources always before making posts in a sub.
it answers beginner questions like this.
people put time and energy into it.
If you want to be super aggressive, buy TQQQ and UPRO exclusively from now until you’re 30-35, then start diversifying.
Take on some leverage and hedge the drawdowns using alternate diversifiers. UPRO, GDE, RSST, GOVZ, plus something international.
IBIT