Quick question for 20 year old apprentice


Hello y’all,
PLEASE DONT ROAST ME
Ok so I’m starting an electrical apprenticeship soon.

I expect to be able to invest about $1000 a month to start, and obviously that number will go up greatly as my salary increases and I become a journeyman.

But anyways for now, In 2023, what the fuck do I do? Right now I’m in BABA, S&P, and some other rando shits. I have a good position in baba and still DCA’ing in there

But Should I just start buying into index funds and big companies on a regular basis n start averaging in?

Or, I know you can’t time the market but would it be better to just save and then poor into index when it tanks?

I know I probably sound like a brain dead troglodyte but I need advice for this year. I’ve learned to be patient and not panic sell at least.

But Is it wrong to think I should mainly just start averaging into S&P500 right now and not really worry about anything else. Or just save and wait.


Comments

Leave a Reply

Your email address will not be published. Required fields are marked *