What's a good strategy for relatively short term, (<10 year), returns?

[Anti Snigger]

I'm interested in starting to invest in the near future, given that I'm exiting the university phase of my life, and rather than simply putting all of my excess money into savings, I'm looking at diverting some of it into the market and allowing that too accrue some value over the next decade or so. I don't want like some get rich quick type shit, this is hopefully going to be something I can use down the line to help with a home or my family. I've heard index funds are good, but I'm unsure of the best strategy for what I'm looking toward.
Any ideas?

 

[Fastest Hand In The East]

Buy low sell high

 

[BirdUp]

sell iphones on facebook

 

[KittyGremlin]

bottlecaps

 

[Asian tech support]

I've heard index funds are good, but I'm unsure of the best strategy for what I'm looking toward.

Without going into it too much, I've been putting money into a handful of index funds for the last five or so years and they've been doing great, relatively speaking. One of them was up almost 10% this last year despite all the bullshit.
I don't know shit about the stock market though so no nuanced insight. I've mostly been going off my dad's advice.

 

[Freshly Baked Socks]

Buy the dips.

I like French Onion, and Ranch.

 

[DJ Grelle]

High yield short term corporate bonds. Risky of course.
Buy low sell high, focused on when companies release results. Riskier.
Options. The same as the previous but leveraged. Riskiest.

 

[MrTroll]

Hit up those 'take a penny' trays, but never leave any behind. Many great fortunes have been started this way.

 

[Poorfag Resource]

Buy the close, sell the open.

 

[Chongqing]

I'm interested in starting to invest in the near future, given that I'm exiting the university phase of my life, and rather than simply putting all of my excess money into savings, I'm looking at diverting some of it into the market and allowing that too accrue some value over the next decade or so.

Warren Buffet had a bet with some guy that if he invested in an index fund for 10 years, it would beat any return this top hedge fund manager could get in the stock market with any strategies he wanted to use.

The low risk index fund won after 10 years (Warren Buffet won).

 

[Chongqing]

Without going into it too much, I've been putting money into a handful of index funds for the last five or so years and they've been doing great, relatively speaking. One of them was up almost 10% this last year despite all the bullshit.
I don't know shit about the stock market though so no nuanced insight. I've mostly been going off my dad's advice.

Sorry to double post, but this is the way, OP.

 

[Whiskey]

It's the height of autism but if you have the money buy discounted lego and stash it in your basement for 5 years.

Sounds retarded but some sets quadruple their value.

 

[tehpope]

an aggressive portfolio. Like SCHG/SCHD. 60/40 split.

https://seekingalpha.com/article/4640132-schd-schg-buying-both-way-to-go

 

[David Brown]

Get a well-paying job and cut out unnecessary costs I'd say is the best medium term strategy.

 

[sillybillyguy]

How much are you going to put in?

 

[Anti Snigger]

How much are you going to put in?

I was thinking a proportion of my income. With interests rates out of whack, idk if letting shit build in savings is the play.

 

[sillybillyguy]

I was thinking a proportion of my income. With interests rates out of whack, idk if letting shit build in savings is the play.

Savings accounts are worthless beyond an emergency account or when you're putting money away for a major purchase.

I just ask how much you're putting in because the returns on indexes and funds can seem low when you only put a few thousand in and sit.

But if you're going to put in a portion of your income and you won't do anything with it for ten years then something like the S&P500 or a one of the Vanguard High Growth ETFs or Indexes.

 

[Anti Snigger]

Savings accounts are worthless beyond an emergency account or when you're putting money away for a major purchase.

I just ask how much you're putting in because the returns on indexes and funds can seem low when you only put a few thousand in and sit.

But if you're going to put in a portion of your income and you won't do anything with it for ten years then something like the S&P500 or a one of the Vanguard High Growth ETFs or Indexes.

My dad recommended Vanguard funnily enough, I'm just unsure if my timetable is amiable to that kind of thing

 

[Fascist Kirk]

T Bills have been good over the last year, i month bills and keep letting them roll over till the next signals or oppertunities show themselves...... bit coin bro's are doing good but at 37,000 when did they buy? 1 month T bills is 5 percent better than a savings account at any bank, and you can always cash out within 30 days and put it anywhere...
. if you have a trading platform like Schwab ameritrade you don't even need to goto treasury direct, you can liquidate stocks you trade and move to Bill its been good but market is about to shit the bed, keep on top of it you don't want to let it roll over if fed cuts to zero because a new cold destroyed international trade and we all get new lambo's at zero percent interest, Ninja loans because its a deadly virus bruh

 

[Asian tech support]

My dad recommended Vanguard funnily enough, I'm just unsure if my timetable is amiable to that kind of thing

My dad recommended Vanguard too but they ended up taking more associated cuts and fees than Fidelity. They're both gay and satanic though. If you're interested, DM me and I'll tell you which funds I bought into.

I was thinking a proportion of my income. With interests rates out of whack, idk if letting shit build in savings is the play.

What I've been doing is splitting a part of my paycheck into a second account. Once it hits a certain amount, I'll drop it into one of the indexes. I think the indexes themselves have buy in minimums so keep that in mind.