Like the other person said, ETFs and index funds are a good start - risk there is you're not protected against market downturns, but you're diversified enough to not be exposed to more common risk factors.
but saving cash isn't a good plan for building wealth. sometimes it can be tough to save quickly enough while also minimizing opportunity cost of not investing that cash.
Like the other person said, ETFs and index funds are a good start - risk there is you're not protected against market downturns, but you're diversified enough to not be exposed to more common risk factors.
but saving cash isn't a good plan for building wealth. sometimes it can be tough to save quickly enough while also minimizing opportunity cost of not investing that cash.