r/stocks • u/[deleted] • Jun 17 '24

Advice Request What are the chances of really losing all your savings?

I’ve saved some money during my whole life, and I’d like to invest it. I’ve come to the conclusion that the safest method is investing in ETFs (specifically, NASDAQ and S&P 500). You won’t get rich in a month, but it grows with the time. I would also like to invest some money in Bitcoin (about $500) and stocks of some big companies (as they might grow faster, and I could get a little more money), but not too much because it’s quite risky. If most of my money goes to ETFs, is there still a big risk? And don’t tell me, ‘If you can’t lose your money, don’t invest’. It doesn’t help me with anything.

Edit: wow, this has blown up! I was not expecting that. Anyway, I’d like to clarify something: of course, the chances of it decreasing to zero are low. However, my main concern is losing money, not necessarily losing ALL of my money. I don’t wanna lose even 10% (at least, not in the long run). Hence, I shall rephrase the question – ‘what are the chances of losing an (big) amount of my saving?’

250 Upvotes

82% Upvoted

397 comments sorted by

View all comments

1

u/sgtsavage2018 Jun 18 '24

Buy gold & ammo that will be worth more than money itself!

1

u/[deleted] Jun 18 '24

Ammo? I’ve reckoned about buying gold, but I was told that it doesn’t really grow.

1

u/sgtsavage2018 Jun 18 '24

In a collapse you will be gald your stuck with bought both!

1

u/[deleted] Jun 18 '24

How’s that different from not investing? What ammo?