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Anonymous

19 Dec 2021

General Investing

What would you invest your first $10k, next $10k and any money after that?

First $10k

Discussion (3)

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If there is a business you really understand and confident about its long term prospect then great, I would start there. However, for many of us starting, we often don't have that kind of insight or experience. In that case, I'd start with ETFs such as CSPX and take my time to learn more about individual companies.

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I would take it slow and understand and formulate a strategy.

I realized over time for myself that no matter how much investment or money I have, if it affects my health or sleep over it, it means I need to change a strategy specifically for myself.

This does not mean investment has to stop, but need to find a way that investment is suitable

  • something that i understand, If it drop 50%, i'll able to sleep well at night, and more than happy...

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