Quote from: lucasjkr on March 27, 2015, 03:07:20 PM

Quote from: needFREElunch on March 26, 2015, 02:43:59 PM

One of the better ways to invest money is to buy an ETF it is a bunch of stocks that you own a part of. They generally have a track record of growing 10% a year and they are considered safe investments.

Everyone is giving advice without asking the most basic question of risk tolerance and time horizon.

Yes, sticks have historically returned an average of 10% per year. But not at a predictable rate in the short term. You might be up 5% one year, flat another, down 15% the next and then up 40% the year following. Long term, equities have been a great investment, but the shorter your time horizon the less "safe" they become. Just as with Bitcoin, you can't buy 10 shares of an ETF and have any assurance that you'll recurve the same value for it in 10 days time.

Well we are looking at it from different perspectives. I am looking at the investment a as long term investment where you buy it and leave it or add to it. You are looking at it from short term perspective so that is why we are disagreeing. If you want the lowest risk in the short run then it is best to put it into a bank if the risk is the biggest issue for you.