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File: 1421772725813.jpg (79.84 KB, 600x803, 600:803, 1366349176385.jpg)

 No.317

>in my mid twenties
>self-employed loner living a frugal life
>finally paid off my apartment a few months ago
>suddenly lodsamone (relatively speaking)

I currently have several thousand eur just sitting in my bank account and it's only gonna go up. What kind of safe(ish) long-term investment can I make that's better than what my bank is offering? I don't know anything about business or finance, I can barely do my taxes, but if I'm gonna accumulate dosh I might as well do something with it.

 No.318

In the US, my advice would be:
>go to a credit union
>ask how to buy index fund
>they will recommend a non-scammy broker like Vanguard
>make an account there and dollar cost average

But with EU it's hard to recommend stocks. US market is stronk and always goes up, so strategies like index funds are viable. EU seems like it is much more fragile. If you want to be hardcore, buy ruble or yuan and strap your ass in for the coming storm.

Ask your bank and their competitors if there's a way you can purchase American index funds. Some banks have foreign investment funds.

Honestly, if you want to seriously invest beyond just buying your own house, you need to do some work. The Intelligent Investor is a great start.

See also >>155

 No.322

File: 1421838584851.png (36.04 KB, 688x528, 43:33, Untitled.png)

>>318
My bank actually offers investing in some funds. This is a relatively new feature on their part, so this is all they have available atm. This would be the simplest route for me, which is why I'm wary of it.

How does this look? Worth considering? (The period is one year)

 No.329

>>322
What are the colors? Is that risk?

I don't see any of those being North America, unless that's what Global Strategy Alpha or Conservative Risk is. Take the full list of funds, read the info sheet of each one to figure out which one invests the most in USA. Ideally you want 100% USA, but mostly USA, Canada, UK, Germany, France and such is okay.

Don't bother with any developing/emerging/growth etc third world shithole funds. If you want to invest in developing markets, funds are not the way to go, and you sound too clueless to benefit from it anyhow.

Nothing stopping you from investing a little in each fund to see how it goes, of course, but only USA market is safe and predictable enough for an autopilot portfolio. Everywhere else you're putting your ass on the line big time, and you'll get rekt if you don't know what you're doing.

 No.330

File: 1421943542056.png (6.42 KB, 212x123, 212:123, Untitled.png)

>>329
I see, thanks for the advice. I had a feeling this wasn't the best option. Btw the colors denote the type of fund, pic related. First one is "foreign - stock". I don't know how the second one is called in English, but "dlhopis" could be translated as "debt paper". Third one is "mixed".

I guess I'll have to do some proper research into this, see what is available to me. I'm in no hurry and I certainly don't want to do anything stupid.

 No.333

>>330
Yeah, no problem. Try to check out money.stackexchange.com for detailed advice on facts, but they won't recommend you anything concrete since they don't want to be liable for the risk.

I used to live in 3rd world shithole myself, and invested in North America, BRICS and gold through my bank's mutual funds. Basically, this was the only way I could realistically invest in a non-shit economy despite being small time. The multinational bank had a partnership with an American broker which is how they did it. Otherwise you can't sign up for US brokers without SSN.

Mutual funds suck as a rule, but our respective cases are a small exception. This is for stocks (shares of companies). For debt, do your own research.

I noticed that while BRICS sometimes posted returns of up to 50% per annum, a lot of the time it does very badly. Very unpredictable, bad idea unless you're willing to go with it for several years, and even then you get stressed out every time some political shit happens in the news. North America and Europe seemed to be the most stable. Gold was a waste of time.

I think the US is very safe because the economy is so big and the government is so powerful, they won't let their buddies on Wall Street get rekt if they can help it. On the flip side, you can't make a killing, because the big boys eat your lunch.

Anyway, do some research if you want to go beyond what amounts to USA index funds (safe, conservative, low risk low return). But remember that fund owners want to sell you their fund, they're not your friend, and there's a lot of tricky ways to skew apparent performance. Just because an asset went up in a year doesn't mean it will go up in the future.



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