Submitted by lost_girl_2019 t3_zzkmvy in personalfinance
I feel comfortable putting $50 a month into something, I just don't know where. I know it's not much, but it's something I can live without each month if my investment is a total loss. I've never invested before. Please help.
CelticsWin7 t1_j2cb4d8 wrote
$50 per month invested from 18 years old to 65 years old at 8% rate of return will turn into $310,000 at age 65.
Start with investing in the overall market like a S&P 500 fund.
VOO and VTI are both good overall stock market investments.