In Progress
4) Investing & Asset Growth
Avoiding trading/speculation traps
The internet is full of get rich quick schemes like Day Trading, Crypto Moon shots, and Options. For an international student, losing your savings to a gamble is a disaster. It can lead to extreme stress that hurts your grades or job performance. If it sounds like a gamble, it is. Stick to Boring Investing. Boring investing (buying index funds every month) is what actually makes people millionaires in the U.S.
The internet is full of get rich quick schemes like Day Trading, Crypto Moon shots, and Options.
- For an international student, losing your savings to a gamble is a disaster. It can lead to extreme stress that hurts your grades or job performance.
- If it sounds like a gamble, it is. Stick to Boring Investing. Boring investing (buying index funds every month) is what actually makes people millionaires in the U.S.
Free Resource: Day Trading - Why You'll Almost Certainly Fail
Resources
Record your progress
Mark this subsection complete to track your progress.