Hey guys, graduating this year and entering the real world. Been thinking about how to invest my money. Should I buy individual stocks or index funds (people tell me go with this), also if a company gives me stocks and should I keep it or should I sell it and buy index funds/ other investment vehicles? Thanks
1. Build a savings account that'll support you for 6 monthts 2. Max 401k company match. 3. Max Roth or pre tax 4. Max the remaining 401k (roth or pre tax) 5. Rest index 6. When you index reaches a hundred grand, invest in rental property.
When everyone is investing in index funds, you know it's not where the growth is.
You're not going to get fuck you money with index investment. But a safe 6 percent compounding yearly over a decade is guaranteed. If you want more than that, try options, angel investing or start a business. They have high rewards with the highest risk.
Just go with index funds.