>>1034502 Active investments is a fools game. Just go for index investments and you will beat the majority of all investors. Live below your means, rein in your emotional control in times of crisis, and look to maximize your annual income.
The stability of your investments also allow you to pursue wealth creation in other avenues of your life. If you experienced, you can establish your own business provided that you follow the above recipe.
It's not hard and try not to fall for the 1% money manager scam. If you're capable and willing to learn, you can make a great deal of money just through index investments.
>>1034502 Finally, most of /biz/ will ignore this simple advice and go on to lose a large amount of potential wealth. They will give in to irrational behavior during times of crisis and make poor decisions.
>>1034561 eh...I really hate REITs but I only say that because I already own some real estate investments.
>>1034562 That's life. Contribute to that for 20 years, you can also establish a small play fund for yourself, minimize your debt, and your pretty much golden. Slow and steady wins the race.
>>1034564 In Canada so I'm using the equivalent of a Roth IRA but I can pull out whenever I want(no pun intended).
>>1034566 >that's life. Contribute to that for 20 years, you can also establish a small play fund for yourself, minimize your debt, and your pretty much golden. Slow and steady wins the race.
I know but it just kind of sucks that it's so slow. I honestly expected to be making money much quicker. But I guess there really is no tricks. I suppose when you get to ~$200k it's much better, earning you roughly $16k/yr.
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