Any blog/books/apps to help a novice understand how to start investing her hard-earned money? This business can be rough but we make a decent living and I don’t wanna put all I earn in lurzers archive

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Micro investments with Acorns, max out 401k, max out your IRA, and then put investment money into a Fidelity or Vanguard mutual fund. There are also funds that are tied to your retirement year, so if you retire in 30 years the investment strategy for that fund changes as you get closer to retirement. Most important is get a financial advisor. Pay someone to put together a financial strategy for you. Do as they say. Put savings into a Capital One or another higher earning savings account about 2%, but aim for 4-10% annually with professional help. None of this is investment advice. Best thing is seek out a financial advisor.

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I’m maxing our my 401k this year, which as I took a job halfway through the year means I’m putting a lot of money in. I think it’s worth it. But I want to learn more about other kinds of investments. I think the financial advisor is a great idea.

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A responsible/successful couple recommended this book: “I will teach you to be rich"

https://www.amazon.com/Will-Teach-You-Rich-Second/dp/1523505745/ref=asc_df_1523505745/?tag=hyprod-20&linkCode=df0&hvadid=366446893595&hvpos=1o1&hvnetw=g&hvrand=8881262428454393165&hvpone=&hvptwo=&hvqmt=&hvdev=m&hvdvcmdl=&hvlocint=&hvlocphy=9004342&hvtargid=aud-800703102928:pla-704547766047&psc=1&tag=&ref=&adgrpid=79033900511&hvpone=&hvptwo=&hvadid=366446893595&hvpos=1o1&hvnetw=g&hvrand=8881262428454393165&hvqmt=&hvdev=m&hvdvcmdl=&hvlocint=&hvlocphy=9004342&hvtargid=aud-800703102928:pla-704547766047

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Thank you for the tip! I’m headed to the public library instead of amazon to find this, as a sign of my commitment!

Echoing CEO 1. Max out your 401k. If you still have money left over, open a Vanguard account. Invest in target retirement funds, which track the market and get less risky as you get older. You need to invest in equities if you want your money to grow, and you need to invest with low cost accounts so you don’t lose a ton of money in fees. Don’t buy individual stocks unless you’re an expert.

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Thank you!!!

Podcast “Be Wealthy and Smart” is good and straightforward!

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I’ll def check it out! Thanks!

Bitcoin.

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