I am 22 who has saved 10k what is my best bet to save the most for a early retirement?
Public Comments
- Share market. Index fund with a dividend reinvestment plan.
- put down on a house. at 22 pay off by 52. find a good job by 30. retire at 50. or the always popular.... save a lil more and buy a key of coke n flip it. joke. don't do this.
- exchange it into canadian currency. the way the canadian dollar is out preforming the US dollar (thanks george) right now its $1.1 to $1 us
- If u r an Australian, go to morningstar.com. They rate managed funds, which are a really good way to start investing. U need to make ur money work hard for u by investing it long term in something that grows in value over time. Property is good, because the house depreciates in value, while the land increases in value. Shares are also good (managed funds are a good way to get into shares). If you want more info, just contact me. I love finance.
- open up a Roth IRA
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