The Wednesday Wellness threads are meant to encourage users to ask for and provide advice and motivation to improve their lives. It isn't intended as a 'containment thread' and any content which could go here could instead be posted in its own thread. You could post:
-
Requests for advice and / or encouragement. On basically any topic and for any scale of problem.
-
Updates to let us know how you are doing. This provides valuable feedback on past advice / encouragement and will hopefully make people feel a little more motivated to follow through. If you want to be reminded to post your update, see the post titled 'update reminders', below.
-
Advice. This can be in response to a request for advice or just something that you think could be generally useful for many people here.
-
Encouragement. Probably best directed at specific users, but if you feel like just encouraging people in general I don't think anyone is going to object. I don't think I really need to say this, but just to be clear; encouragement should have a generally positive tone and not shame people (if people feel that shame might be an effective tool for motivating people, please discuss this so we can form a group consensus on how to use it rather than just trying it).
Jump in the discussion.
No email address required.
Notes -
Advice for people in europe: There's a number of brokers in europe available, such as scalable capital or trade republic.
Also as others have mentioned if you have no idea about investing and no interests in having to move your money around regularly, I strongly advice to just park your money in an index ETF. As an example, I currently have 75% MSCI World and 25% MSCI Emerging Markets on scalable capital. Since US companies are dominating the stock market, the MSCI World is strongly biased towards US companies. At least for me that is a positive, since a recession in Germany may already hit me hard without also ruining my savings, and vice versa. Investing somewhere that you're not living is imo also a good way to diversify. If you see it differently, there is enough different index funds to allocate your savings differently. But the details even of this will depend on your country. For example here in Germany, there is the "vermögenswirksame leistung", which means that the employer will pay money for you into savings, and some plans may be usable for this while others are not. I don't think you'll be able to inform yourself well without country-dependent information.
More options
Context Copy link