This blog post is part 1 of a bigger series called “How to Invest”.
What is the goal of this blog series?
Over the last couple of years friends and family repeatedly approached me with the question of how to invest. It usually sounds like this:
- “I inherited 100k from my parents. Do you have any advice on what to do with it?”
- “I’ve been working for 5 years and I saved some money. The stock market has been going up like crazy. Should I invest ..and if so, how does it work?”
- “I saved some money and I think I should do something with this money rather than having it lay around on my bank savings account. There’s practically no interest on the bank and then there’s the risk of inflation. So do you think I should invest this money?”
- “I saved some money and I want to invest. But I also have plans of buying a house or founding a business in 2 years. What should I do?
The goal of this blog series is to answer these questions.