>>756
There are good, informed posts in 4chan's /biz/, however like everything else on 4chan it's full of shitposters who generally flood out any decent content with their inane self-infatuation. You can try though. Really when dealing with finance an anonymous image board probably isn't the best place to go for advice, period.
Also i was overly rude to >>707, index funds are great places to be *when markets are rising*. Right now there's a TON of market uncertainty combined with all-time-high prices (inflated prices), the -15% correction we saw on the US markets Aug 24th affirms this, check out the market heatmap I posted here >>717. Index funds won't save you from that type of slaughter. EVERY sector of the market took a serious dive, that's more than enough evidence to show that there are very few stocks or securities that are safe to hold money in. This is more obvious than you would think, don't overthink this.
So that's why I advocate just saying the fuck out of the markets if you don't know what you're doing, making no money is infinitely better than losing it. Cash is safe, however whether or not it's safe in a bank account I can't tell you, really depends on the bank and how disciplined they are in keeping adequate cash reserves on hand.
Just wait and keep a journal of your thoughts on what's happening in the market and where it may go. If by some miracle the Fed finds a way to make the price go up forever, great then jump back in. But for now just hold back and monitor what's going on. We're really at an unprecedented point in US history, unless you want to consider the Roaring 20's and the subsequent Great Depression.