Hey all,
First time posting here but I have a slight obsession with saving money and my savings account now is one paycheck away from 15,000. I get about 11 cents of interest a month.
I invested in cryptocurrency a little while back, so I have some idea of how investing works. But I pulled out of that awhile ago and just have all my money in a bank. I'm afraid to part with my money though - I like the certainty of its value sitting in a secure place, but I know I could make more money investing (and lose it all too!) Before I even thought investing was an option for me, I always had this goal of having 10,000 grand on hand at all times in savings but as my money grows I now know it's smarter to do more with it.
Can anyone give me some tips and encouragement to withdraw this money and invest it? What kind of companies should I invest in? I know the general rule is to invest in companies you see a good future for, but isn't that almost every major company right now? Like Apple, Amazon, Nvda, Tesla, etc? Also, what is a good amount to actually keep in a savings account?
Thanks for the help!
Submitted April 27, 2018 at 02:56AM by Zodiac2119 https://ift.tt/2HuLUFr