I remember when I first discovered bitcoin it was below $100 (USD). I mined a few dollar worth (which would be a few hundred dollars now) and then uninstalled it, since it would’ve taken too long on my crappy PC and moved on. Pretty sure I deleted the private keys at that point too. When I uninstalled it I thought, “this is a really cool idea, but probably won’t go anywhere, so it’s not worth my time.” This is why I invest in index funds and don’t pick stocks.
Probably something that tracks the S&P 500. It’s essentially the benchmark for how “the market” is doing. They’re available many places (Vanguard, Schwab, etc.). The trick is to hold for a long time and not panic sell.
I remember when I first discovered bitcoin it was below $100 (USD). I mined a few dollar worth (which would be a few hundred dollars now) and then uninstalled it, since it would’ve taken too long on my crappy PC and moved on. Pretty sure I deleted the private keys at that point too. When I uninstalled it I thought, “this is a really cool idea, but probably won’t go anywhere, so it’s not worth my time.” This is why I invest in index funds and don’t pick stocks.
What index funds would you recommend for someone who is just starting?
Probably something that tracks the S&P 500. It’s essentially the benchmark for how “the market” is doing. They’re available many places (Vanguard, Schwab, etc.). The trick is to hold for a long time and not panic sell.