EVERYTHING IS ON SALE!!! BUY BUY BUY…hold the F*ck up….
Yes there are some amazing opportunities out there, but do you know what you are even buying?
I’m finding out a lot of people who always thought the stock market was too risky all of sudden are looking to throw their money at it. And throwing it at the market in a wild manner.
There was a saying I heard, I forget who it was by, but it was something like this… “If you stay ready, you never have to get ready.” Meaning if you spent your free time learning about stocks, learning to do researching, understanding companies then you would be in the position to know exactly what to do right now.
If you never invested in stocks before and you are part of the group that is playing catch up to understand the market here’s some practical advice. Maybe just ETF it…
ETFs or exchange-traded fund, lets you invest in the ENTIRE stock market rather than just 1 company like regular stocks. A much safer way to invest if you legit don’t have a clue what you are doing.
The stock market as a whole goes up on average 7% per year adjusted for inflation – this is based on decades of performance.
The market can fluctuate up and down in the short term (like it is now) but on average it will go up 7% per year – this isn’t a get rich scheme, this is fuel the beast and let your money grow. It beats keeping it in a savings account and letting inflation eat away at it.
If you are after bigger gains then you need to learn the markets and take time understanding how to break down companies. It really comes down to risk tolerance. Just choose the investment style that helps you sleep easy at night.
To buy ETFs you need to sign up for a brokerage. Google something reliable and with low fees in your area and you should be good.
or join us at Upstok