None of this is advice. I just like talking about this stuff.
One of the ways to get familiar with investing is to buy shares in an ETF on the S&P 500. ETFs are like mutual funds traded on exchanges; you probably know that but maybe you don't.
I mean, it's not about making money so much as you will get to experience being a part of the American growth machine. S&P down 12 points? Well, how come? Oh, this company tanked it? But these other ones are doing well…is an example thought process on a day as owner of said ETF. Owning stocks and funds holding stocks will change how you think about money and value and companies in general. There is something deeply powerful about having skin in the game with the success of others' companies.
One of the ways to get familiar with investing is to buy shares in an ETF on the S&P 500. ETFs are like mutual funds traded on exchanges; you probably know that but maybe you don't.
I mean, it's not about making money so much as you will get to experience being a part of the American growth machine. S&P down 12 points? Well, how come? Oh, this company tanked it? But these other ones are doing well…is an example thought process on a day as owner of said ETF. Owning stocks and funds holding stocks will change how you think about money and value and companies in general. There is something deeply powerful about having skin in the game with the success of others' companies.