/biz/ - Business & Finance

>>12009270
Well if that's your situation day trading is an especially bad idea, it's an incredibly unstable kind of life and it probably wouldn't mix well with married life at your age. You want mid-term investing over the course of several years, with most of your money in mutual funds so you're dealing with less risk.

Right now, especially with the yield curve close to inversion, it's best to just put your money in safe places so you can invest in stocks once the market's crashed and prices have gone down. That means bond heavy mutual funds, T-Bonds, high yield savings (at least 2% at this point) and maybe CDs. These things will allow you to keep pace with inflation so you don't loose value.

Once you find a job, figure out your expenses and then budget in a certain amount you will invest and save. No matter what, make sure you have some cash on hand in savings, at least several months worths of expenses, in case of an emergency. After you've got that buffer, put the rest towards your investment portfolio as you get each paycheck.

Once the market crashes relocate your money from bonds towards stocks, especially bluechips. Look for equity based mutual funds, index funds, and etfs in sectors you think will do well. Once you've got that money there, just wait and hold until you get enough for you to reach your goal.

Also, happy to help anon!