I've got $10k in savings and I won't be working for the next 2-ish years because of school.
Should I just start hurling that money into an IRA or is there a more beneficial way for me to turn it into more money?
Even if it's just $1-2k over 2 years, that's better than letting it just sit.
just dump it into an index etf right the fuck now while there's still a dip. don't look at or touch until 6 months before you graduate and then keep an eye for a good opportunity to cash out.
>>1043994
I did this last year and I'm in the red
what do?
>>1044079
Keep waiting then?
It's obviously a really importune time to cash out now. But you had between October and December to leave with a profit (assuming you bought SPY or another for index instead of a worthless meme or FOREX).
This is why I said look 6 months in advance for an exit opportunity. If you wait until the second you need money you're going to get a fat turd back. Only invest money you don't need.
>>1044087
I got ya
I definitely don't need the money right now but major indices are shitting the bed at the moment
I suggest buying Ethereum. It's basically bitcoin 2.0
Your 10 k will be a hundred k in a year probably.
