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/biz/ - Business & Finance

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592796 No.592796 [Reply] [Original]

hey this is my first time on /biz/ and I really don't want to annoy anyone but I acquired 10,000 dollars and I want to make it grow, I was thinking of course mutual funds but I'm not sure anyone want to give me any advice?

I'm a nervous wreck, I have literally no idea what to do with it.

>> No.592800

Pay $10 to have your cock sucked $1,000 times.

>> No.592807

>>592796
sell those $10k for $11k, repeat.

>> No.592812

>>592796

Assuming you have a long time frame and aren't going to worry much, just open an account at Vanguard and put it in VTWSX. It owns every stock in the world and should grow at a solid 6-8% + inflation every year.

>> No.592820

>>592812
>VTWSX
holy shit dude thank you

>> No.592823

>>592820

If somebody held a gun to my head and told me I could only own one fund from now until death, I'd pick VTWSX.

>> No.592829

>>592823
wouldn't VGHCX or VFINX/VFIAX be potentially a better choice?

>> No.592842

>>592823
this is exactly what I was thinking, long term small increases

>> No.592844

>>592829
>VFIAX
VFIAX is a subset of VTWSX. The US makes up around 40% of the world's stock market, and the S&P make up around 75% of the US's market, so you already have 30% exposure to the S&P 500 already.

Same with healthcare- the healthcare sector is like 15% of the global market, so you already have a bunch of exposure to the companies that would be in VGHCX.

>> No.592849

>>592796
VTSAX