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I'm new to investing :
2 questions
1 - where should I invest my Deloitte 401k in ? Is the vanguard institutional 500 index trust a good place to just put my 401k and forget about it.
2 - I recently opened a fidelity account and have savings I want to invest and want to invest a small percentage every paycheck without worrying about trading it . What's the safest place to invest in and not worry about it for the next 10 years ? VOO? QQQ?
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Rising Star
Does it shake your confidence at all that once bitcoin stops going up people just invent new coins to YOLO into? Seems like there’s a hypothetically limitless number of possible coins and a limited potential crypto market cap (though it may be much higher than it is now).
100% true, but I think Bitcoin has first mover / brand name advantage. Plus it’s at $1T market cap so it’s proven itself to be somewhat reliable (so far).
Next step would be to convince people that this doesn’t have to be a currency to thrive, it could just be a store of value and replace gold. Too many people still think the only path to success is to replace the dollar.