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Hey there /biz/. I recently got a job with decent money and want

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  3. Hey there /biz/. I recently got a job with decent money and want
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Anonymous
2017-07-21 04:40:41 Post No.
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Anonymous 2017-07-21 04:40:41 Post No. [Report]
Hey there /biz/. I recently got a job with decent money and want to start getting into investment shit with some of my new savings. I know jack shit about the market and stocks and all that.
Are investment companies and middlemen a bad idea for starting out while I learn the ropes? I'm not trying to strike it rich, I just want a bit extra on the side that I can sit on.
>>
Anonymous 2017-07-21 04:46:14 Post No.2838608
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>>2838585
Go to Vanguard.

Put your money into low-cost index funds (which follow the market) and mutual funds (a vehicle made up of multiple assets, usually with some focus or another).

My suggestions:
>Vanguard 500 Index Fund Investor Shares (VFINX)
>Vanguard STAR Fund (VGSTX)
>Vanguard Health Care Fund Investor Shares (VGHCX)
These are fairly reliable, though you may look up more at your convenience.

Use Investopedia to read/learn the basics. Set up a paper trading account there or on Marketwatch (or whatever other simulator you prefer) to practice and learn.
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