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/biz/ - Business & Finance

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861205 No.861205 [Reply] [Original]

>18
>take all of my 10,000 dollars out of my savings account
>get a vanguard account and transfer the money to it
>Market tanks

When should I invest my money and what Index fund/ETF /Mutual fund should I invest it in? The market already has the few thousand I invested in individual stocks down and I'm unsure how to proceed.

>> No.861208

short pran

>> No.861217

>be 18
>want instant gratification for everything
have no concept of investment lifetime
>expect non-stop returns starting immediately
>not doing your research
>not knowing your fundamentals
>just spoonfeed me instead

and this is why everyone hates your generation.

>> No.861223

>>861217
Im doing this for long term investments, anyone would find the current state of the current daunting, I thought this place was for advice not bitter ranting.

>> No.861231

KIDS THESE DAYS

>>861223

YOU BETTER PIPE DOWN OR I'LL GIVE YOU A BITTER RANT

>> No.861239

>>861205

I would wait a month or two until the market stops falling so much and perhaps invest in some combination of VTI, VT, VOO and VWO.

>> No.861240

>>861231
Can we get the buy low, sell high/bitcoin memes out of the way, is there anyone here with any advice?

>> No.861245

>>861239
>time the markets and buy muh meme funds with zero diversification

>>861240
>spoonfeed me after you've taken the time and effort necessary to gain a cursory understanding of the markets

nah, I come here to shoot the shit with peers. Not give some babby a tutorial he could easily just google and fuck off with.

>> No.861252

>>861205
You failed by the first word. 'When' shouldn't even be a part of the equation.

>> No.861256

>>861245
If you dont want to give advice you dont have to, just dont vent and misplace your anger at your life here.

>> No.861261

>>861252
Does it really not matter when the market is doing so badly right now? I understand that it's about the long term but this seems like an awful way to start.

>> No.861265

>>861261
You answered your own question.

>> No.861275

>>861256

ENOUGH OUTTA YA WHEEL A FORTUNE IS ALMOST ON

>> No.861281

if I have a retirement account through vanguard through my employer, can I use that same account to buy separate investments, or do I need to make another one independent of that?

>> No.861288

>>861265
I will wait longer to invest then

>>861275
kek

>> No.861544

>>861288
I don't understand. Shouldn't you be happy it's going down and buy more while it's cheaper? You only want it to be high in like 50 years when you take the money out.