We all have different risk preferences, goals, and knowledge bases. Of course, if early retirement is the goal, getting your calculations right becomes super important. So, without further ado, let’s take a look at how to invest 100K.
Investing in the stock market is an intuitive process. It’s tempting to pick out a company that seems to be doing well — like Netflix or Google — and assume it’s a safe bet for your money.
One way to protect yourself from this phenomenon is through mirror investing: automatically copying the trades of more experienced investors by linking your account to theirs.
Mutual funds are the perfect option if you’re not an investment nerd like me and would prefer to sit back whilst your money works for you.
For one, you can trade ETFs during market hours. This means ETFs are better for short-term investments or anyone who enjoys actively trading, whilst mutual funds are more of a long-term option.
Everyone was talking about Bitcoin; then its price fell from $20,000 in late 2017 to $3,000 at the end of 2018. As at the time of this update, Bitcoin has smashed through this and is currently at just under $25,000.