>>2732
>The first step to improve my situation and obtain a good life is money after all
Truer words have never been spoken.
Alright dude, here's the dealio, if you want to invest you first get your personal finances in order. I'll save the explanations for questions if you have any but the order goes like this:
>Emergency Funds: 3-6 Months
Prevents you from borrowing money in emergency on unfavorable terms
>Employee 401K: Only the match
Free money, even with high fund fees(as is usually the case) you still net nearly 100% return
>High Interest Consumer Debt
Credit Card, Vehicles, Private Student Loans, Payday Loans. Reason being, usually the interest here outstrips pretty much any investment you'll make in the market or otherwise. Unless it's a business but even then you don't want this shit weighing you down.
After these are met, the choice is yours where to put your money.
>Roth/Traditional IRA
You get tax benefits out of these that vary depending on your preference. Index funds, Reits, Mutual Funds, Individual Equities
>Paying down extra on Loans
Mortgages, Low Interest Student Loans, you save yourself a few years. Plus, technically guaranteed returns.
>Property/Business
I'm not an expert but who knows, maybe you make enough to warrant this in a decade or two.
Honestly, just do the first 3 and you'll be alright. My advice may vary because you may be a europoor. In which case, at least I tried ;_;