November 26, 2020

Here’s a fun story.⁠ ⁠ A few years ago after I got out of debt, I saved up my f…


Here’s a fun story.⁠

A few years ago after I got out of debt, I saved up my first $1000 to start investing. At that time, I knew NOTHING about investing so I decided to go all-in on a random mutual fund. This fund hasn’t performed so well (compared to my other investments). ⁠

Now, after learning what I have so far, this is how I would’ve told my younger self to invest those $1000.⁠

The books here I actually read months after I started investing and have taught me so much and shifted my mindset in various positive ways.⁠

I opted to chose a Total Stock Market Index Fund or ETF because of the low fees and the fact that it gives you exposure to the entire US market.⁠

With that baseline, it would have set me up to make better investment decisions while I learn through reading.⁠

I know not everyone learns through reading so, how would you have invested your first $1000? ⁠

Let’s discuss in the comments. 💬⁠

Follow @spacecitymoney for more 🚀⁠
Follow @spacecitymoney for more 🚀⁠
Follow @spacecitymoney for more 🚀⁠

Share with a friend! 👩‍💼👨‍💼⁠

⚠️ I am not a financial advisor, the information provided is for educational and/or entertainment purposes only. ⚠️⁠

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