Hello Blinders, I'm relatively in the beginning of my career. I'm looking to invest into something that could generate a passive income. What would be the best way to do so? Current Savings~ 60K (i know its low..! But i would rather invest that money into something than having it in the bank getting nothing.) I'm a frugal spender and my monthly expenses are around 1000 bucks and i do not have rent to pay until atleast June of 2021. Where would be the best place to invest money ? Real estate? Stocks? Business? TC~ 160K Age:25 YOE-2 Location: San Diego #personalfinance #investments
VTSAX and chill
Or VTI
If I were in your position, I would creat Vanguard account and invest in VOO, VGT, VSMAX Sony pays $160k in San Diego? That is not bad for SD
r/personalfinance for good investment advice r/wallstreetbets for everything else
Stocks. ETFs to be safe. QQQ performs better than SPY. ARKK if you’re feeling ambitious. Some IPO stocks if you’re feeling lucky!