Eturnalshift wrote:
My advice is to wait before investing. You've got 2.7K of money (which is a lot of money so please don't pretend that it's nothing - it's more than a lot of people have) that might be useful at some point in the near future, especially with the economic uncertainty and rising costs. Maybe you can transfer that money to a higher-return savings account so you can easily get access to it if you need it. Also, in a savings account, you don't have to worry about your money vanishing from some crazy event that might make the market drop.
I'm guessing you work and have some form of steady income? If you do, really sit down and think about how much money you spend (each month) on things like food, gas, games, movies, dates, etc. Then see how much you have left over (Income - Expenses)... with that money that's remaining, commit to putting a large portion of it in the bank and just saving it for an emergency (your health, broken car, etc.), then with whatever is left over (not saved or used in your monthly budget) use that to play around with in the stock market. You should always make sure you're gambling with money you can afford to lose and by budgeting some investment money, you can be sure that will happen.
PS: PM me and I can help you set something up in private. I'm not sure how comfortable you are discussing all this in public. I'm heading home. Enjoy the weekend.
I did not mean to make it sound like nothing, apologies for coming off that way. I will actually take you up on that offer for help though, since from what I've read you really seem to know what you're doing (you and your wife, gotta give her some credit too
). I will PM you when I have an idea of my monthly expenses. Thanks!
