Basic investing tips

Started by Danielle B.
Followed by: @Danielle @"George stagethree"
DB

Danielle B.

I’m a big fan of mutual/index funds because it’s almost like I can park my money there and then “set it and forget it.” The market is constantly going up and down, and mutual funds are great because they’re made up of small stocks, so even if some go under for a bit, the others in the fund make up for it. Additionally, if you’re investing just for fun (non-retirement, non-educational, non-HSA), then I think it’s good to stray away from individual stocks unless you’re okay with losing everything you’ve invested in it.

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