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Here are the top 5 side hustles you can do as a student to put dents in that debt and start saving early! The other benefit to these is they actually can apply to just about anyone and they also have the ability to turn into something greater.
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Dividend investing has grown in popularity as a dream for people to be able to live off of their investments through liquid dollars coming to them weekly, monthly, quarterly or yearly. It's a dream that many have been able to achieve. What most leave out however is one VERY important key aspect of this
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If you're looking to simplify your investment strategy then you might be looking into things like ETFs otherwise known as exchange traded funds. These ETFs come in many shapes for example a popular one like VOO with a current expense ratio of 0.03% while others like SCHD has a 0.06% expense ratio.
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ETFs have becoming very popular in the last few years. Once individual stock picking ruled the waves but ETFs have now grown in popularity as what many would call "the easy way to retirement".
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Many people and so called "experts" will show you examples of putting $500, $1,000 or even $5,000 a month away into investments. The issue with this is it doesn't apply to many people.
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What each investment type is and what type of lifestyles they match up to the best. No investment is the same between people so it's up to you based on the information you obtain to figure out what is best for you.
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When it comes to investing as a beginner there's a great deal of terminology and confusion as you first enter. This can be overwhelming and hard to understand. The three most common places starting investors begin are one of the three options above.