Have about $10k to save/invest. What would you do? Stocks are at all time high so would you recommend investing in blue chip stocks like AMZN ( know it hasn't grown much this year). VTI VTSAX? Or high yield saving account? Thank you for the response folks.. adding more details: Maxing out 401k etc.. No debt except mortgage ( pay off CC bill every month) Don't need money for the next say 10-20 years. Any help Will be appreciated TIA
What are your goals with the money? How soon do you want to spend it? Could you tolerate losing half of it?
Thanks. Updated post
Knowing how long you want to park it for is key
$box
Why?
What is $box?
Double your money on roulette, then invest in stock.
Only one part of this advice is true
It shouldn't matter how high the stocks are if you intend to invest for more than a decade.
Split into Index funds & SP 500 a la Warren Buffet
Buy Leetcode premium, go to FANGMULA and get $50k more per year
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When I donāt know what to do w my money I throw it in VTI. Canāt go wrong long term
What is VTI?
Vanguard Total Index Fund