Savings accounts

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Anonymous
Savings accounts 2016-01-03 08:00:04 Post No. 1023058
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Savings accounts Anonymous 2016-01-03 08:00:04 Post No. 1023058 [Report]

hey biz, I'm 21 and I want to start saving money. What kind of saving method would you recommend if I want to one day live off the interest of my savings. I've looked into some savings accounts with ~1% interest rates, but I'm wondering what else is out there

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Anonymous 2016-01-03 08:01:43 Post No.1023059
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Anonymous 2016-01-03 08:01:43 Post No.1023059 [Report]

>>1023058
>Put every month 30% or your income into a S&P 500 ETF.
>Profit

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Anonymous 2016-01-03 08:04:21 Post No.1023062
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Anonymous 2016-01-03 08:04:21 Post No.1023062 [Report]

>>1023058
>>1023059
Everything into bitcoin

Or become tradesworker $40/hr starting

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Anonymous 2016-01-03 08:08:43 Post No.1023065
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Anonymous 2016-01-03 08:08:43 Post No.1023065 [Report]

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>>1023062
nice joke, well executed

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Anonymous 2016-01-03 09:05:09 Post No.1023095
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Anonymous 2016-01-03 09:05:09 Post No.1023095 [Report]

Best option is to do some sort of index fund and put x amount of dollars into it each month.