i have always wanted to invest money, but afraid to invest, because i know nothing about investing, and how to make sure its safe, any answers?? thank you, this is a great community
I hear you. It can be complicated! Starting with investing a small amount each month in stock (mutual funds) or bonds is a pretty safe bet.
Here’s a guide from The Penny Hoarder with info on how to get started in investing: https://www.thepennyhoarder.co…-guide-to-investing/
I only started investing about two years ago, so I totally understand where you’re coming from.
Robo-advisors like Betterment and Wealthfront make it super easy to get started. They take the guess work out of it, and diversify your portfolio for you.
And it’s always a great idea to invest in a 401(k) if your workplace offers one.