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/biz/ - Business & Finance

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423831 No.423831 [Reply] [Original]

sup /biz/

Have $2k that I got from financial aid. I don't have any debt or bills/expenses I need to pay. I'm a sophomore econ/finance major so I have some general knowledge on mutual funds and investing, but not that much.

what does /biz/ think I should do? I was thinking of splitting it 80/20 on mutual funds/bonds

>> No.423832

>>423831
>I was thinking of splitting it 80/20 on mutual funds/bonds

Why don't you just flush it all down the toilet?

>Investing in mutual fund scams
>At the peak of a stock bubble
>Investing in bonds
>at the peak of a multi-decade bond bubble

Buy liquidity. Hold liquidity. Buy the world after the crash.

>> No.423833

>>423832

i'm not going to invest right now, maybe in November/December when I get everything settled. Isn't early December the best time to invest?

>> No.423837

>>423833

Late December usually has a lot of people selling for tax reasons and then buying them back in January. Buy at the end of the month.

>> No.423843

>>423837

are you sure? source?

>> No.423851

>>423843

>http://en.wikipedia.org/wiki/January_effect

>> No.423855
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423855

>>423832

Get a load of this guy.

An 80/20 split of stock and bond indexes is fine for someone your age, but I would worry more about having a solid emergency fund.

http://www.bogleheads.org/wiki/Getting_started

>> No.423856

>>423855

I have over 3k now, going to get about 1.5k in December so I'm not worried about this. Just want to invest and grow it, and gain some experience