Lazy people can do this
Hello for all my lazy investors or would be investors, a friend once told me this trick that will (hopefully) double your money faster.
Because time is an investment too and there’s a high chance you’ll need more time to execute a properly thought out investment plan all by yourself:
1)following a general sector or specific activity that you have enough daily exposure to helps eg $BGF World Technology Fund (LU0056508442.MF)$ ; $Mapletree Ind Tr (ME8U.SG)$
2)market only seems to go one way and don’t expect big changes in economy, decide on direction to support eg $ProShares UltraPro QQQ ETF (TQQQ.US)$
3)people who go “wow i really dont know what stocks to put in but i have some unused capital”: $SPDR S&P 500 ETF (SPY.US)$ or $Spdr Series Trust Spdr Portfolio S&P 500 High Dividend Etf (SPYD.US)$
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the_simpleman_ : MONEY MASTER!!!
arctheshark OP the_simpleman_ : what the huat!!!!
Kobo_ : Cool post. The one I liked the most out of the ones you mentioned is the S&P 500 — I think it is a must-have for everyone. I'm also glad that most banks are now giving at least 2%+ APY, and moving away from the 0.1% APY they used to give
arctheshark OP Kobo_ : Yes, one of the best places to chuck your salary if you don’t know what to do in general.
Could do better than 2% though in fixed deposits