10-24-2021, 07:11 AM
Getting into the market - is this the right approach? Is this the right time?
<!-- SC_OFF --><div class="md"><p>What's the best way to passively invest in the market, monthly, and for 3+ year hold (possibly much longer, just depends if/when I'd need to liquidate for other investments or life situations)? I am almost 27, have a solid amount of cash in savings (about 8 months income), and would like to start taking on a little more risk and let my money make me more money, rather than just continuing to build in my savings. I was considering starting with an initial investment of ~$5k in something like VOO and buying more of the same monthly, or adding in other funds/stocks/REITS. I currently only have invested about $1,250 ($1,000 original investment) in a few stocks. Would love to hear your favorite funds, stocks, etc., best for passively investing long-term. And is this the right time to make a large initial investment? Thanks in advance!</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/johnnyutah____"> /u/johnnyutah____ </a> <br/> <span><a href="https://www.reddit.com/r/investing/comments/qe6x79/getting_into_the_market_is_this_the_right/">[link]</a></span> <span><a href="https://www.reddit.com/r/investing/comments/qe6x79/getting_into_the_market_is_this_the_right/">[comments]</a></span>Kind Regards R
<!-- SC_OFF --><div class="md"><p>What's the best way to passively invest in the market, monthly, and for 3+ year hold (possibly much longer, just depends if/when I'd need to liquidate for other investments or life situations)? I am almost 27, have a solid amount of cash in savings (about 8 months income), and would like to start taking on a little more risk and let my money make me more money, rather than just continuing to build in my savings. I was considering starting with an initial investment of ~$5k in something like VOO and buying more of the same monthly, or adding in other funds/stocks/REITS. I currently only have invested about $1,250 ($1,000 original investment) in a few stocks. Would love to hear your favorite funds, stocks, etc., best for passively investing long-term. And is this the right time to make a large initial investment? Thanks in advance!</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/johnnyutah____"> /u/johnnyutah____ </a> <br/> <span><a href="https://www.reddit.com/r/investing/comments/qe6x79/getting_into_the_market_is_this_the_right/">[link]</a></span> <span><a href="https://www.reddit.com/r/investing/comments/qe6x79/getting_into_the_market_is_this_the_right/">[comments]</a></span>Kind Regards R