Intro
It is important that you know how to invest your money so you can grow your money and make massive gains for yourself. This guide will give a good overlook on how to invest so you make the best investment you can and protect yourself from inflation which is generally at 2% - 3% a year.
Playing it safe
If you want to play safe then you should want to invest in things like stock, bonds, mutual funds, real estate and commodities. These are generally less risky depending on the securities but give less rewards. This may be great if you are older and might want to retire but if you are younger, you may want to more aggressive with your money. You should invest in stock market index like S&P 500, A mutual funds like vanguard, bonds like U.S Treasury Notes, stocks like AAPL and commodities like gold.
Playing it risky
This is really risky but can offer lots of reward. You would want to be a venture capitalist or you may invest in crypto. Venture capitalist is way more risky but it pays alot and will keep making you money from your original investment if you don't sell the shares and the company pays dividend. Crypto also offers high reward but also high risk. It is better to invest in a new or undervalued cyrpto you believe will see gains in the future. You can still invest in the older crypto currency like bitcoin and will still offer higher reward then the stock market but it won't be as much as you would get in investing in riskier crypto. I think a good cyrpto to invest is monero as i believe it is undervalued. Remember to keep close watch on the market and invest on a crash and sell in prosperity.
Summary
This is will help you decide what type of investment you might want to do. There are many different types of investment that i didn't cover. My friend is entering the Supreme market where he buys Supreme items and then sells them to the secondary market st a profit. This is just the some of the ways you can invest your money to make you more money which would allow you to do the things you dream of doing. Remember you can loose money when investing but you can also make gains when investing. Just do some research when investing.
