this post was submitted on 25 Sep 2024
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I prefer etf's like vti, or spy. Maybe spyg of you're bold. Be ready to stare at losses though, maybe for a while and ask yourself if you can stomach that.
What vehicles do you use for non-retirement savings? I'm happy to learn.
Ok, so... I generally will buy stuff that I think might be a good investment, then sell it at a point where it seems like it's made enough money. When I sell it I reinvest that into vti, with leftover money in spyg.
A recent example was AMD. I bought maybe 100 shares or so of AMD after they were announced as the Tesla supplier, I think 2021? Sold it after it hit 105% ROI. Put most of the money in VTI, the rest of the money in SPYG.
Rinse repeat.
Not rich, but richer than I was.
Thanks for sharing!