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I'm a finance student, currently 2nd year and have 2 years till I graduate. I don't really have a clue how to invest, since I none of my immediate family has done it since they think the stock market is a zero sum game and every gain I get is someone's loss and thats immoral.
I save about 200€/month and it's just sitting there. I'm thinking of putting 3/4 of that every month into a mutual fund. I can't be bothered to do my own investments since I don't know jackshit about personal investments since I'm barely over 20. Anyway, any advice is greatly appreciated, but I scouted a few major firms that promise on average anywhere from an 7%-15% a year. Personally I think every promise above 9% is a red flag, but what should I really be looking out for? They say there are no withdrawal costs and entry costs are up to 4% (sorry about the terminology, it isn't my first language). Anyway I'm looking at minimum 10yrs, probably a bit more, since entry costs come to 0% if you stay for 15 years. This is long term, so I have no problems with that.
TL;DR what should I look out for when "investing" my savings with a stock broker agency?
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dont invest with shit cunt brokers or youll get wolf of wall streeted kappa123
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Steps to investing in index funds:
1. Open account with internet broker.
2. Select an index fund with low, low, low fees
3. Buy the cheapest index fund
4.???
5. Get between 0-15% per year and no locking up your money.
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>>1278162
Dont be a retard. But seeing as how your parents think im assuming you are mentally challenged, since they are
Clearly retarded.
/thread
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>>1278187
My point is that you said
> "none of my immediate family has done it since they think the stock market is a zero sum game and every gain I get is someone's loss and thats immoral."
Thus they, and you are giant retards. Ever heard of doing your own research? Stop expecting a handout.
MODS MODS MODS
/thread
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>>1278230
>and you are a giant retard
Why am I a retard for asking how to best invest my savings? I came here to see what to watch out for when dealing with investment groups and you came here sperging some retarded shit like doing your own research, even though the entire purpose of the board is debate and help.
Shove it up your ass you goddamn mongoloid.
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>>1278230
Kek, get a load of this faggot
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>>1278162
Invest in ice cream summer profitsssssss
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>>1278237
Jeez lil man relax. Not my fault you are a retard. Also the college you go to must SUCK COCK if you dont know anything by your second year and are a finance major!
Durrrrrrr op
MODS MODS MODS
/THREAD
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Reported for spamming duplicate threads.
Enjoy the ban OP!
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>>1278755
Do you think that guy doesnt know theres IDs on here or are you that slow that you thought you were being clever on calling him a samefag??
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>>1278162
Suck dicks at 100 grand a pop and you'll be rich in no time OP!
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>>1278162
>gain I get is someone's loss and thats immoral.
stocks increase value over time, companies make value through production. so if you profit with them you are getting the money you invested with profit. If you are a day trader you are helping with fluidity(i dont know the word in english) what i mean is that you help the asset be ready to buy/sell at any time. if you are a stock holder you are a real investor that want the company to flourish. I already invested as a daytrader. Keep control of the small stuff. every single tax and small percentage people charge you are as much important than market variations.
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