The profits generated by your assets should be re-invested in new ones.
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Reading is a fundamental step when attempting to improve your personal finances.
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How to create a diversified portfolio
How to analyze stocks and bonds
Understanding the basics of investing
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Automation will do away with most existing jobs but it will also create new ones. Retraining in a massive scale will be necessary.
In particular, manual laborers are at risk of unemployment in the absence of retraining, as the new jobs will be in more specialized areas. Govern...
Random questions should be avoided, and a hierarchy should be built that follows general questions with specific ones while asking only one thing at a time.
It helps to use the new information that you get from an answer to frame your next question, creating a natural flow.
Once you have your capital, invest 50% of it into bonds or an index fund (depending on market conditions) while the other 50% to be invested on individual stocks.
However, when investing on individual stocks make sure of the ff:
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