I am a 23 year old investor and I am sort of new to investing. I have been following the stock market ever since I was a sophomore in high school (16 years old) and I have never seen a stock market collapse. I do remember the 09 crash but it barely impacted many of the tech stocks and my area(Seattle) was doing just fine. Everybody had jobs and the market has rebounded significantly since.
My question is that is it wise to put all my savings into either an index fund or some select tech stocks like Amazon and Google and watch it go up? I have followed Amazon for a while and my biggest regret was not investing in it 5 years ago. Or is there a good chance that my savings can be wiped out and I should put some money in the bank for safety.
Submitted June 06, 2017 at 02:25AM by purdueboiler http://ift.tt/2sygpPT
No comments:
Post a Comment