So I'm about to start investing my money that I earn to generate capital or just basic monthly revenue. Even if it's just a few cents.
My first investment idea is to take a portion of my weekly paycheck and invest into solid dividend yielding stock and use the money generated from that to play some faster moving 2$< stocks and hopefully get some cash off that.
My other idea was to just hold on to that money generated from the dividends and continue to invest in less risky stocks to make more yield.
And finally, I could just invest my money into a index fund and take out what I get later one.
I'm not too sure what would be best for poor fag here but I'm almost certain in my financial state it would be best to invest in index funds.
What would be a better platform for poorfag by the way? I am already signed with TradeKing but I feel as if there are better options out there.
Any suggestions /biz/?
>>1043114
So yea, I have about 20K and get about 400 euro a month. That's just rotting away in a bank.
My plan was to put it in an index, but I'm pretty scared about the crash meme. It would be a shame having to wait the first few years after the crash to make up the lost money. So I will wait till summer, if it hasn't crashed then I will probably invest.
>>1043772
>>timing the market
Also dividends are dumb. Invest in profitable companies and selloff to cashout earnings