I am looking for an online resource to learn finances/economics/investment from the ground up.
I am using those three words because I do not know the difference quite well. The bottom line is that I want to learn how money works, and stop “selling my time for money” (working for some employer). Maybe starting a business, investing in real state, or stock market, maybe another route that I don’t even see…
- I am looking for content ideally free, but good material deserves to be paid too.
- Progressive complexity starting from little or no assumptions: several youtubers have all-over-the-place topics that they comment on, assuming you know what they are talking about.
- Perhaps a book or series of books is the solution to this? Or an online course? But you know, every “money bro” says they have the best book/course ever.
thanks for your comments :)
If you are starting from a place of zero knowledge about investing, invest in a S&P 500 indexed mutual fund with the minimum “load” (percentage taken by the platform/company you invest through).
That will never be the wrong move, though other strategies might perform better in some cases.
Starting your own business is fraught. Investing in real estate is a completely different beast and I can’t offer anything there.
I wish I had done this decades ago. I was always thinking I am smarter than the average chode, I mean at least I know tech better than the masses so surely I can predict winners.
Answer: No, no I cannot. Winners are not always the best tech.
If I had done the boring brainless thing of tucking away 10-15% of every paycheck in an index fund and never looked at it for 25 years … I would no longer be working