I have 20,000 dollars in savings from working the past 2 years

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Anonymous
2016-04-03 01:37:32 Post No. 1173678
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Anonymous 2016-04-03 01:37:32 Post No. 1173678 [Report]

I have 20,000 dollars in savings from working the past 2 years

how can I make this money work for me, for example through some sort of low risk long term investment or something?

I'm not asking for someone to tell me exactly, just point me in the right direction and I will do the learning/reading

I'm just worried about doing something stupid with it, and I don't want to work when im 40

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Anonymous 2016-04-03 01:39:00 Post No.1173680
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Anonymous 2016-04-03 01:39:00 Post No.1173680 [Report]

Vanguard index funds

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Anonymous 2016-04-03 01:52:18 Post No.1173688
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Anonymous 2016-04-03 01:52:18 Post No.1173688 [Report]

Trumpcoins

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Anonymous 2016-04-03 03:36:39 Post No.1173776
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Anonymous 2016-04-03 03:36:39 Post No.1173776 [Report]

defs invest in Valeant

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Anonymous 2016-04-03 07:04:50 Post No.1173925
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Anonymous 2016-04-03 07:04:50 Post No.1173925 [Report]

>>1173680
This.
These are low cost index funds. Instead of picking stocks, you by an index which is a combination of stocks that recreate a section of the market. Your money basically moves along with the sector you pick (ex SP 500), so even there are a few bad years, overall the trend is growth.

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Anonymous 2016-04-03 07:13:45 Post No.1173930
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Anonymous 2016-04-03 07:13:45 Post No.1173930 [Report]

Stocks and shit.

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Anonymous 2016-04-03 11:06:24 Post No.1174043
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Anonymous 2016-04-03 11:06:24 Post No.1174043 [Report]

>>1173925
Why not rahter pick yourself the companies with good dividend per share?

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Anonymous 2016-04-03 16:54:01 Post No.1174316
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Anonymous 2016-04-03 16:54:01 Post No.1174316 [Report]

>>1174043
Second this. You can place it with a company with high dividends but their stock may be volatile. Companies like Microsoft are slow growth and barely lose any value, so you can put your shekels there for its 3% dividend.