Hello Reddit,
Ive had stocks for about 2 years now, just a few thousand work in GOF (for dividends) and ATVI back when the stock was sitting at ~50 USD per share. I was thinking about investing in REIT stocks while the shares are lower, dividends are good, but of course looking for stuff to keep long term.
A bit of background on me, Im in my early 20's and in the military. Thanks to the military I dont have many living expenses, rent and food are paid, and all I really do for entertainment is play games and live in solitude (great money saver).
Since I am in the military, and I can bank most of my money, I have over 20k, sitting between a couple bank accounts. It seems like a waste to keep money in a bank making less interest than inflation, but due to my not needing much money to survive due to my job, how much would you recommend investing in.
The only things that I come out of pocket for are basic things like phone, internet, 1-2 streaming services, and maybe 1-2 games a month, so easily under 1k expenses per month, but I dont want to spend all of it if that makes sense.
I apologise if this questions seems basic, but I'm interested in getting some outside opinions here. Thanks in advance for any replies.
Submitted May 24, 2020 at 09:35PM by VapidGamer https://ift.tt/3ejgluq
