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Quite the dredge, but now I'm wondering just how much @Well_is_it put into Tesla 7 years ago...
Quite the dredge, but now I'm wondering just how much @Well_is_it put into Tesla 7 years ago...
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umop3pisdn
I'd stick it all into a global all cap index fund. Something like Vanguard FTSE Global All Cap Index. Mostly invested in the biggest tech companies. Tech is probably just going to get richer and more powerful in the long term (even if we have a world war the tech companies will likely be getting rich off the analytics and as communication providers just like in the pandemic and governments would be shovelling cash into them for it), and the incumbents are all more rich and powerful than any company ever has been in history. I mean yes we might see a crash in the next few years, but that is always on the table. Cash can crash (inflation), Bitcoin and crypto crashes all the time, gold can crash. It is all about patience and never investing what you cant afford to lose.
I am old fashioned and think that having a good honest career that brings in decent wages, changing jobs if your current job pays fuck all and has no prospects, and being frugal and practical/handy gets you very far. It has served me very well.
(I am not a financial advisor and this is not financial advice. Speak to a financial advisor and don't listen to me, I don't really know what I am talking about.)