I’ve got around £500 spare and want to invest it into something that could help me in the future.I’m 31
I’m completely new to this. So basically like a baby so please explain things simply if possible.
I’m open to anything . ETFs, index funds, high interest savings so on and so forth. I don’t fully know exactly what they mean but I am looking into it as I am typing this post.
If you guys were in my position and needs a long term return , what would you be investing in and why? How much energy and time should I spend researching this.
If you had £500 right now and wanted the best long-term return, what would you do and why?
I have £500 to invest what do I do?
byu/Craydogdoctordroobe instocks
Posted by Craydogdoctordroobe
8 Comments
RDDT calls. The May 15 $185c look interesting
Investire 500 una tantum non serve a niente. Devi riuscire a metterli ogni mese, anche se meno.
Play safe and don’t lose them 🙂 I would choose ETFs that track the S&P 500, Information Technology, World, etc. I would also mention rare minerals, but they are very expensive right now, and it’s not advisable to buy high and sell low, right? I would avoid buying commodity shares, as they are currently benefiting from the current macroeconomic situation and their prices are high. As for stocks, I would focus on growth stocks, i.e., companies with accelerated growth and improving profitability that could outperform over the next 6-12 months. Here is a list for you: [https://stockschecker.com/lists?tab=Tab6](https://stockschecker.com/lists?tab=Tab6) . I would also consider stocks that have increased their dividends every year for at least 25 years. Here’s another list: [https://stockschecker.com/lists?tab=Tab5](https://stockschecker.com/lists?tab=Tab5). Only buy companies you can trust, that you believe will be successful over the next 10 years, and that you like. No meme stocks or nonsense you don’t understand. Always check earnings (a reliable company always has high earnings) and read the latest earnings report. Here’s an example: [https://stockschecker.com/earnings?tab=Tab1&ticker=AAPL](https://stockschecker.com/earnings?tab=Tab2&ticker=NVDA). I wish you luck!
Put it into VOO, and DCA (Dollar Cost Average) more each check until you retire
Start simple. put it in a low cost index fund and add regularly. focus on consistency and learning not quick returns. time in the market matters more than timing
Spend it on an escort so at least you’ll be happy for a total of 5min.
Walk into a Casino, play roulette, bet black or red!!!
Hoping for the best for you.
Put it on the Knicks