I feel comfortable investing $1,000 in something. Where should I start?

[Mandarin Duck]

I have an extra $1,000 saved up but instead of just letting it sit in my savings I feel like there are better options out there for me.

I know nothing about investing.
I already have a pension.
Losing this money will not hurt me.
I'm also not looking for a get rich quick plan.

I just need to know more about what options I have and if this is even enough to start doing anything with?

I currently bank with Chase and Navy Federal Credit Union. Would it be worth seeing what options they have for investing?

If there are books I should read that give beginners advice on investing I will take suggestions.

 

[KidJSoul]

Get a brokerage account and buy some stocks

Buy 10 shares of Nio.

 

[Mandarin Duck]

Get a brokerage account and buy some stocks

Buy 10 shares of Nio.

I'm not jumping into investing in the first thing someone suggest but I'm doing research on brokerage accounts now based on this post.

Thank you.

Thanks.

 

[Koli_Kat]

Yourself. Invest in yourself. Books,education, a course etc.

 

[GreenGrass]

i would buy AMC stocks.

find a brokerage.

 

[ORDER_66]

Sign up with td ameritrade they have an actual video library that can teach you about stocks bonds mutual funds and investing so you can go at your own pace... but realize that cryptocurrency is not housed on certain brokerages so be aware of that and educate yourself before you jump in and only invest what you are willing to lose... You can start with mutual funds...

 

[princeofhaiti]

read this book
A Beginner's Guide to the Stock Market: Everything You Need to Start Making Money Today

open brokerage in reputable brokerage like vanguard, fidelity, td ameritrade

buy a total market index fund like ticket symbol VTI if you want to track the whole market

or open up brokerage through m1finance, research some companies you familiar with, set up a pie of those companies and invest the 1k so each company get its allotted based on the percentage u specify in your m1 account

 

[MasterOfAllHeSurveyz]

With about $1K, I can show you how to do high probability options trading on SPX. You'll earn about $75 to $150 a week minus fees. Most muthafukkas who do this shyt try to hit grand slam homeruns doing directional trades. There's nothing wrong with getting to home hitting singles with iron condors.

Or you can buy cracked, unlocked iPhones (6 on up) on eBay, Craigslist, Facebook, etc., replace the screen and resell them for a profit on those platforms.

 

[Fukwatutalkinwatisaylaw]

Send it to me I'll double it in a weekend..

 

[BigBrown21]

Put it all into Palantir stock. I started buying at $9 a share. I have more than doubled my profit so far. And the long term target price for Palantir is well above $100 US per share.

 

[BronxBomber]

Do some research and learn the market.... download stock app and play with fake money. 1k won’t get you rich my brother, but it’s a start to build for your future.

 

[jaguar paw]

Bits of coin

 

[Skooby]

Read investopedia.com. Good info.

I wouldn't buy any one particular stock. Put it in an index fund.

 

[SlurRty]

I have an extra $1,000 saved up but instead of just letting it sit in my savings I feel like there are better options out there for me.

I know nothing about investing.
I already have a pension.
Losing this money will not hurt me.
I'm also not looking for a get rich quick plan.

I just need to know more about what options I have and if this is even enough to start doing anything with?

I currently bank with Chase and Navy Federal Credit Union. Would it be worth seeing what options they have for investing?

If there are books I should read that give beginners advice on investing I will take suggestions.

the safest plays are green energy.. basically all the countries are transitioning to green energy to combat global warming so companies like plug, fcel, sol are safe buys... gambling is getting big.. draftkings boyd gaming i think it's called.. cars are transitioning to be electric and getting rid of oil etc due to global warming carbon emissions.. nio and gm are good picks..

 

[Mandarin Duck]

Are there any course I can look for at my community college or udemy that give a beginner's guide explanation on the stock market?.