how do I actually make money with investments? What do I invest in? All I've got right now is about $20k in fxaix index funds after working my very first job for a about 8 months now.I always feel like I should be doing something more and I'm missing some critical knowledge to make more than a 5-8% return per year.
you need to actually sell them at a higher price than you paid.
>>1549222if it were that easy, everyone would do it. as Bogle said, the average investor must receive the average return, by definition. and guess what, unless you happen to have some kind of insider information, you are the average investor.don't try to get clever, don't try to time the market, just hold the index and suck it up.
>>1549222maybe buy something that makes money, for example a website, store, webapp, instagram, shopify, youtube, or lewd stuff if you dont have morals then pay a 3rd worlder $100/month to run it for you. if it makes 1k a month then is worth buying for less than 5k. if you go to reddit there's tons of people hiring anyone that can chat, the reason is they have fake ai instagram/onlyfans and need to post comments and chat but they make crazy money
bumper
>>1549222>how do I actually make money with investments?Convince new suckers to buy what you're holding
bumpo
>>1549222>how do I actually make money with investments?very slowly. you can't make fast gains without taking risk, and anyone promoting guaranteed money making schemes to you is either scamming you or a retard who was scammed themselves and actually believed it. if you don't have some kind of actual advantage (insider knowledge etc, which is illegal insider trading btw unless you're rich enough), you don't have any better risk-reward balance then investing in boring index funds. the key thing to keep in mind is that making money in the stock market isn't just about predicting what will go up and down, it's about prediciting it MORE ACCURATELY than whatever prediction the market (including billionaire hedge funds with way more info + pricing strategy than you) has already priced in. so just buying "good companies" that you think will continue to go well / go up is actually a retarded strategy since that success is already priced in. read Bogle's book.
bump
>>1549222Index Funds + real estate.
>>1549222You know about index funds so you're in a better position than a lot of people. The biggest advantage you have right now is that you'll actually make money. The best advice I can possibly give to you is to make sure you have a good amount of money put away that you never use or look at. not just enough to cover immediate medical bills, but enough to bide your time while you recover.
You already put your money in index funds. You have nothing else to do now.
