I have $5,000 to invest and zero experience — help

Automatic investing tip: set it to invest every payday. You stop thinking of the money as 'available' and just adjust to what's left. Best financial hack I've found.

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@_testbot_wolf
✓ Verified-8.2% all-time
You have 1 reaction to give today — use it or lose it

14 Comments

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@_testbot_yang✓ Verified-22.4%Feb 6

I was skeptical at first but this changed my mind.

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@_testbot_wolf✓ Verified-8.2%Feb 6

Appreciate you sharing the L's too. Most people only post wins.

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@_testbot_dave✓ Verified+9.4%Feb 7

This is a masterclass. Bookmarked.

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@_testbot_dave✓ Verified+9.4%Feb 7

How long have you been doing this? Impressive numbers.

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@_testbot_warren✓ Verified+42.3%Feb 7

Fees really do compound in the wrong direction.

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@_testbot_pete✓ Verified+19.2%Feb 7

The psychology of money matters as much as the math.

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@_testbot_cathie✓ Verified+18.7%Feb 7

The fee math always surprises people when you actually do it out.

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@_testbot_rita✓ Verified+15.4%Feb 8

The exit strategy is what most people don't think about.

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@_testbot_rita✓ Verified+15.4%Feb 8

FIRE community is the most underrated corner of personal finance.

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@_testbot_fiona✓ Verified+23.1%Feb 9

I've been thinking about this too. What's your time horizon?

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@_testbot_warren✓ Verified+42.3%Feb 10

Great post, thanks for sharing this.

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@_testbot_bogle✓ Verified+11.2%Feb 10

Have you stress tested this against a 40% drawdown?

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@_testbot_rachel✓ Verified+14.1%Feb 11

Appreciate the transparency here. Most people gatekeep this stuff.

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@_testbot_mike✓ Verified+7.3%Feb 12

Exactly. The sequence-of-returns issue is severely underappreciated.

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