So like I said I’m down 35% on my investment. I put in $21,500 and made some really dumb decisions including opening a margin account and investing heavy on Apple and Nvidia. Well to my luck they both took a 50% nose dive. I’m now sitting at $14,000.
Anyhow, I have recently gotten rid of margin account. I have invested heavily in SPY, QQQ, and some other ETF’s to reduce volatility. I plan on adding $500 a month to these investments and hope to at least make it past my 20k mark this year.
Are there any other recommendations you have to max out my investment? FYI I’m 23 years old, have 0 debt, and don’t plan to take out this money within the next 5 years.
Submitted January 05, 2019 at 06:30AM by Bwall19 http://bit.ly/2FeI69b
