Reply to Have $30k to aggressively invest. Ideas?

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[quote=Anonymous][quote=Anonymous]OP here, we're looking at a 2 year timeline so it's really only a "get rich kinda quick" scheme. (Smiley face insinuated here.) And like I said, we've socked away (and will continue to sock away) enough for a healthy down payment regardless of the outcome of these investments. And yup, we have a lot to learn but you gotta start somewhere.

For those of you who said you were not risk averse but this wasn't a good idea, what are your suggestions? Perhaps starting with less money to see how well we do or hard we flop?[/quote]

I was the first person who said outright your idea is bad, and I stand by that.  It's still bad.  I would never plunk down 30k for an investment learning experience.  If you want to start investing in individual stocks, put a teensy bit of money at a time.  I have a "fun money" account that over the years has done well, but it was not money that I want to use any time soon, and some years it did not do so well.  I put $50 a week into it, and I invest only in companies where I like the product and understand what the company does, and I consider it more a dumb hobby than anything.  You can start investing with... $1k or 2k.  Or put all the money in a highly regarded mutual fund or ETF.  See how you do with that.  Otherwise, be prepared to lose the 30k.  Which I think would be kind of tragic and stupid.[/quote]

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