I have just been hired for a new job that will bring in ~500 a week minimum for me. After expenses and leisure I should be left with 300. I have 5k in a savings account doing nothing, and a family member set to retire by 50 recently told me he wished he'd known about index funds when he was my age. I am thinking about putting 5k in initially with weekly deposits of 2-300. Is this a wise move for someone my age? What do I need to know? Are there better options? Australian if it matters.
Submitted April 26, 2018 at 09:14AM by jburgers127 https://ift.tt/2HMrsPV