New to investing? Here’s how I would make my first $100,000
There are so many options in terms of where you choose to park your money in this day and age. In uncertain times like these, many people would say it’s safest to leave your savings in a bank account accumulating interest. But if you dig a little deeper, you’ll find that by doing so, you will actually be losing money rather than getting ahead.
How so? Well, let’s say you put $10,000 in Australia’s biggest bank, Commonwealth Bank of Australia(ASX: CBA). The interest that will be paid to you is a…