Just wondering as internet “gurus” on platforms like youtube annoy me.
Also i want to someday earn money without having a job or where i am my own boss, but im young and have next too no money, and i have no talent. ive tried the “simple” ways to get a grasp of learning. Ive tried free methods like surveys, games, ebay selling, etc, but i find that those are a waste of time/effort for me atleast and im lucking to break even. I struggle to even learn new things, school pretty much failed to teach me the right way of life.
I feel lost at life right now.
Investing in low cost, highly diversified ETF index funds. I’m currently earning roughly 3 to 4 month’s wage per year passively from interests though it’s all invested back into the fund.
You said you’re young so this especially applies to you. Time in the market > Timing the market.
Maybe yes, maybe not. I’m 50ish now. When I was 20ish, I decided to do grunt work and invest most of my income. I got lucky with Russia, but now I regret helping the oligarchs. If I hadn’t gotten lucky, my winnings would be insignificant compared to those kids who inherited money. I also regret not investing in my education when my brain performance was at its best. I went to university late.
My guide to ethical investing:
https://feddit.uk/post/24222258
Investing in yourself:
https://www.quora.com/How-can-a-20-year-old-learn-to-invest-and-save-money-I’m-a-3rd-year-B-Tech-in-IT-I-do-internships-to-earn-a-little-Is-a-Public-Provident-Fund-a-good-investment-I-don’t-know-the-stock-market-well-enough-to-invest-there/answer/Dr-Balaji-Viswanathan