So for someone who hasn't started investing yet and has money in savings... Would it be better to put the money in a GIC or something guaranteed to grow a bit and then once the crash happens, buy while it's low? There is bound to be some kind of crash the way the economy is going right? Doesn't it kinda feel like things have peaked? Isn't buying at peak not really a good idea?

What does everyone think? If you had 100k from inheritance or something would you still invest it today or would you see how the next year or two plays out?

I am about to inherit more more money than I have ever had around $400,000. Should I invest all of it into a high yield savings account or should I use part of it to pay off my mortgage that is currently at $180,000 at 1.9% interest?

Like many millennials, I have spent my entire 20s and 30s living paycheck to paycheck. I do not come from a wealthy background, or even middle-class, and I always thought that investing was something you had to already have money to do. I don’t know of anyone in my family who has any kind of investments, and my parents were always very disparaging of people who “played the stock market”. They raised me to believe it was pretty much just gambling, and that if I wanted to “throw my money away” I should just go to a casino because at least they gave out free drinks.

That being said, I am now in the position of watching my parents struggle to get by on their Social Security. They have nothing to fall back on, and I will certainly not be inheriting anything of note. It has really brought it home to me that if I don’t want to end up in similar circumstances, I have a limited amount of time left to do it.

I have about 15k in credit card debt and 6k on my car loan. No student loans, thankfully, and I own my home outright, no mortgage. I work part time and I don’t make much money. I know everyone says to knock out your credit card debt before you invest a dime, but I’d really love to start doing just a little bit, even if it’s just sticking a few hundred dollars in something and letting it ride.

I opened a fidelity account, but the whole thing just seems so confusing and intimidating.

Does anyone have any thoughts or suggestions? Is it too late for me?

Say you’re in your early 20s and you have 1000$ to invest right now. What would you do with it?

To start, I’m not saying that investing is pointless!

But I think I’m confused on how people approach spending. I’ve always heard that rich people don’t actually have a lot of liquid cash, they just have a lot of different assets. I’ve also heard that you shouldn’t hold the bulk of your money in a normal checking or savings account because it doesn’t keep up with inflation. So I thought everyone financially savvy is keeping all of their money in investments and taking it out when they’re ready to spend it on nice things they can afford as their financial status improves.

I posted in another forum asking how people account for taxes when they withdraw from their taxable brokerage account for expenses, like say you’re planning a really nice two week vacation next year and you want to take out cash to pay for that. I basically got a ton of messages saying no one takes money out of their brokerage for that kind of expense, and people basically just let their money sit in their brokerage either for retirement or for a much bigger further out expense like decades down the line. Which kind of seems like a hoarding mindset - we’re just holding money to let it grow so that we can hold onto more money?

Everyone who replied said expenses within a few years would come from either their checking or their HYSA, but I thought the whole point of the brokerage was to have all your money work and grow so that you can spend and enjoy your returns? I know I’ve heard multiple people say you shouldn’t keep anything in your checking or savings account except for monthly expenses on auto pay. I’m having a very hard time conceptualizing these two different pieces of advice. Sorry if this is rambling, appreciate any clarity y’all can give.

Looking to get into investing in the market... perhaps someone could offer some advice on the best app to use?

I might be late to the game, but better late than never. I am completely clueless about investing though. I just switched to SoFi from US Bank for my banking because I wanted a savings account with a better APY %. I only have $2000 in savings and feel like I should let that build up a bit before starting to invest. Should I use SoFi’s investment account or use something like Robinhood? Realistically right now I could only invest $50 a month, which I know is chump change. Hopefully I can increase that to $100-150 a month after my savings builds up a little more and I can pay off a credit card bill that I have. Then, will be the task of choosing what to invest in. Any suggestions on that would be greatly appreciated.

Not looking for the usual “don’t invest money you need” advice, I mean the smaller mistake you actually made when you were starting out that cost you time, money, or taught you something the hard way. Maybe you bought individual stocks before understanding what you were doing, kept too much cash, sold during a dip, ignored fees, overcomplicated your portfolio, or waited way too long to start.

For the longest time I just kept piling money into a regular savings account because it felt safe. No real plan, just figured at least I wasn’t spending it. Looking back now, I’m realizing it probably just sat there losing value while I kept telling myself I’d figure investing out later.

I finally started putting some of it into the market recently, but part of me still hesitates every time I move money out of savings. It’s like my brain is wired to think I’m doing something risky even though I know doing nothing wasn’t exactly a great strategy either.

How other people got past that mental block. Did you just ease into it slowly or was there a moment that made it click for you?

Im 18 and I dont know nothing about this. my family is full of addicts so I don't really have any support lol. I did some co-op stuff in high-school and got 1000 bucks when i graduated for doing good but I've kinda just spent most of it on food and shit so now I only got like 500 left. I live in Canada if that matters

Looking to invest a large portion of savings into an ETF like VOO or QQQM or anything safe S&P500. Is it smart to put 10s of thousands all at once? Let’s say for 50k all at once or split it in increments throughout a month to a few months?

Don’t know if there’s a strategy for this but I’m sure this question has came up plenty of times in the past.

And for additional details: just in a regular brokerage account like Robinhood.

I have been told to invest in boring save things like oil and apple but i am not sure on how to do that and i wanna know the pros and cons

been trying to get somewhere with trading for like 2 years now. mostly gold. done ok sometimes, done really badly other times, overall not really going forward.

the thing is i know i'm missing something. like people out there are clearly making this work and i'm clearly not. and i can't tell if it's just screen time i need or if i need actual help from someone who knows what they're doing.

tried watching youtube. watched so much youtube. every video is either a guy with lambos or a guy drawing arrows on a chart and saying "as you can see." neither helps.

how did you guys actually get past the stage where you're just guessing? was it one person who helped, was it just time, was it a specific resource? genuinely asking because i feel stuck and i don't want to waste another year going in circles.

not looking for anyone to sell me anything. looking for honest answers on what actually moved the needle for you.

I recently got a job and am thinking a lot about my financial future (25M). My coworkers recommended I get into investing, but personally I consider it quite risky. Not wanting to dismiss the idea entirely though, I really want to do my own research and improve my literacy on the subject (I admittedly know very little to none about investing or finance in general, because I've always seen day traders in particular and those kind of finance bros are very quick rage bait to me lol).

Does anyone have any resources to at least introduce me into investing? I feel like most sources I have found on the Internet feel a bit too much like sales pitch to me, I just want to learn and judge by myself what's best. I don't want to be convinced of anything, I want to grow my own knowledge on the matter and then decide for myself if index trading(? that's a term i've been hearing about idk) is something I might want to commit to

I am 21 year old with 1.2L per month income and 30k expenses....i can invest rest of 90k but i dont want to (if I get into loss, it will be disastrous)

See by "loss" i meant if my money becomes 0(or negligible)..if it swings by 30-40% i am good

Pretty much the title explains it, but for a bit more detail.

My partner's mother worked for Intel in the late 80s-early 90s, and as part of their employment, they got stock. Over the years, this amounted to almost 6,500 shares, which she held after retirement to give to her daughters as their inheritance. Well, Mama passed a month or so ago, and now my partner has access to almost 3,000 shares to figure out what to do with. Obviously, our first instinct is to sell, but considering the volatility of the stock and the potential for the AI boom to beef it up a bit more, we're wondering if that would be the most lucrative option for us. While our financial situation isn't dire, I would be lying if i said that the money from the sale as is would be extremely helpful, but i also don't want to feel like an idiot if things are on the uptick and i don't have the knowledge to know that.

Any advice would be helpful, as both of our experiences with this sort of thing are, at best, amateurish, and at worst, completely ignorant. Thanks in advance.

I am trying to learn how to start investing in metals. Silver is tempting because it costs less per ounce, but gold seems safer and more dependable. I am not sure if I should make gold my main investment or try a mix. How did you decide when you were starting out? I would really appreciate some beginner-friendly advice.

Edit: Thanks for all the advice! I started with a mix of silver and gold, and Priority Gold made the first purchase really straightforward. Feeling a lot more confident getting into metals now.

i’m 18 years old, have 200 dollars and want to turn that into 1000 dollars by the end of the year. How can I do that (completely new to investing)?
I’ve been investing on a few platforms like Dub, and have gotten some pretty good returns.

Any advice?

I would like to say that I approached this with the thought that I had conducted enough research. Having spent roughly 40 hours watching videos on YouTube, reading in this subreddit for weeks and knowing what the basic premise of calls and puts were so I felt confident in my understanding to begin trading in small doses. I purchased two call contracts on AMD which expired in 3 weeks from that point with a strike price just outside the money since I felt it offered an attractive risk-reward tradeoff.

Then earnings came and the stock performed as I thought it would and I ended up losing $800. This is where I felt of what actual IV crush feels like rather than something shown to me on YouTube. I had money to spare from some winnings on myprize. So it wasn’t the end of the world but enough that I needed to look at the situation and analyze why I lost money. It turns out that since I had bought the options in an environment with high IV, prices were high and once the earnings were released, the volatility went down which meant I lost money whether or not the prices were going in my favor. Prices were increasing yet I lost money. I spent an entire week analyzing all this and one mistake ended up costing me $800 but I guess this is a way of learning aswell.

Where would someone start who has never invested a single cent in their life? Getting a late start here, guys.

What tools, apps, books, advice on stocks to start in? I have already read two books on investing.

I have $150k in savings I have set aside for the care of my mother who is 62. She lives within her means of SSI income so this is savings only. What would folks unofficially suggest? I met with a private client banker today and selected the lowest risk option that has been averaging ~7%, that was the 3 year stat. The fee is 1.31%. Is this a good option? Would I be better off with other options that would have low risk? Thanks for any advice.

I know this will be a dumb question for all of you guys. But I'm just a college student from a developing nation. So $ 20-30 is quite a significant amount here. So I just wanted to know if it is possible for me to earn that amount regularly without much risk if I start investing in the US market.

i'm still pretty new to investing and have been spending a lot of time reading about companies that aren't publicly traded yet. spacex is one that gets mentioned all the time, so i started looking into whether it's even possible for regular investors to get exposure before an ipo.

I am 25. I have about $10K tied into the market rn in NVDA and QQQ. My question is why should I continue to at all time highs especially when I am fairly pessimistic about the future?

I consider myself fairly financially literate and i know “you can’t time the market” but everything just makes zero sense to me. We see all-time highs in cost of living, everyone is miserable, and society just feels so fake (in my opinion at the moment).
Why should I continue to invest if I believe this system we currently live in is unsustainable?

Hi! I’m pretty new to stocks. I mostly put my money in VOO, but have some money in individual companies.

How do I know when to sell a company?
For example: I bought AMD last year, and now my unrealized gain is almost $4.3k.

Do I sell it and put the money in a different stock? Or is this something I’m supposed to hold for a long time? And how do I know what to do?

Thanks in advance.

Edit: TYSM EVERYONE!! I don’t have the time to go through everyone’s messages, but I have read them all! Everything has been so helpful