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Topic | Should everyone be buying stocks? |
Pitlord_Special 02/17/21 10:50:18 PM #22: | Any debt over 10% interest or so should be paid down before investing (unless you have matching contributions from employer or such, can't really beat instant 100% returns) Debt around 5-10% depends on what your risk appetite looks like. Debt less than 5% you're better to invest than pay it off. Real Estate (buying a home or investment property) can do more for your net worth than stocks depending on your home market. You can leverage way more on a mortgage than you could on margin with a brokerage account. Other than that, stocks and crypto are where it's at. Savings accounts, CDs, and bonds are a waste to keep your money tied up in. I suppose there's also foreign exchange and commodities futures but you have to do more research and there are more barriers to entry. --- Posted from my iPhone 8 ... Copied to Clipboard! |
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