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6 Best Investments If You Want To Retire Early – GOBankingRates

If you’re looking to retire in your 40s or even your 30s, you’ll need to get fairly aggressive with a good portion of your portfolio. But you also don’t want to take unnecessary speculative risks. For example, some “investo…….

If you’re looking to retire in your 40s or even your 30s, you’ll need to get fairly aggressive with a good portion of your portfolio. But you also don’t want to take unnecessary speculative risks. For example, some “investors” will gamble their entire bankroll on things like meme stocks or cryptocurrency. While a very select few may make it big, the vast majority end up losing a significant amount of money.

This is why it’s important to balance risk with reward if you want to improve your chances of retiring early. Stock index funds, such as those that track the S&P 500, are a good bet if you’re looking to grow your money without taking undue risk.

Although past performance is no guarantee of future results, the S&P 500 always has recovered from even the most severe bear markets and gone on to make new all-time highs. This makes an S&P 500 index fund a good gamble if you’re looking for long-term growth.

Source: https://www.gobankingrates.com/investing/strategy/best-investments-if-you-want-to-retire-early/

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