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I'm young and I want to invest in something safe to get

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I'm young and I want to invest in something safe to get lots of money. What should I do?
>>
I think it depends the amount of money you want to invest.
I think i would buy houses or something near the beach. People rent them during holidays and prices go up during summer.
>>
Well as for money if you don't have an emergency fund I'd highly suggest starting one. It is always good to have a safety net for a rainy day. You won't know how valuable this is until you experience your first major expense - maybe you need surgery, maybe your whole car is totaled and your insurance company pays jackshit, etc. Having $5000 always in your checking account as this emergency fund is a good idea.

Beyond that you can start investing your savings, but don't waste your time with stocks. Only 5% of day traders actually make more money than the overall market, and you're not going to be the 1 in 20. Once you've got your emergency fund squared away open up an index fund (vanguard's S&P500 fund is the most popular because it has the lowest expense ratio, but there are other good ones as well) That's what you should be putting your savings into because your return will closely mirror the performance of the S&P500 which is about the best bet you can make. Here's the one I like https://personal.vanguard.com/us/funds/snapshot?FundId=0540&FundIntExt=INT
>>
>>18392444
>safe
>lots of money
pick one.
>>
buttcoins
>>
get a really diversified portfolio thats heavy in dividend stocks. plus some other stuff my father taught me once that I didn't absorb all that much.

the only thing that is going to make your money safe is knowledge and good judgement on your part.
>>
>>18392728
also, diversify from stocks. cryptocurrencies, precious metals, commodities futures, etc.

takes a lot of money to do properly. but you can piece meal it.
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