48 years old, currently have no investments. My net worth is my car and the clothes on my back, and I don’t ever want to be in this situation again....
Whole lotta folks are gonna recommend index funds, if you’re in the US, I highly recommend putting money into a Roth IRA up to the yearly limit. But don’t forget about a safety net, savings rates are high enough right now y hat you can keep a couple months rent and expenses in a savings acct to keep some more liquid cash on hand for emergencies than keeping it in the market
Can you offer investment advice? I'm debt-free, about to start earning $2k more per month than I need to survive. Please offer any suggestions for optimal investment method(s).
48 years old, currently have no investments. My net worth is my car and the clothes on my back, and I don’t ever want to be in this situation again....