I have been putting part of my paycheck into a high yield savings account, but haven’t bothered with investing it in a responsible manner partially due a fear of losing the money due to bad investments. I’m finally realizing how much potential money I’ve lost by letting my money stagnate. Please advise me on how to responsibly invest my money, thanks!
I wouldn’t invest anything you need in the next 5 years. I’d stick it in a HYSA or Treasure Bills (if you’re in a state with high income tax) or something instead.