Start looking at Mutual Funds or Exchange Traded Funds (ETFs.)
With a single purchase you will be buying more than one stock. Your single purchase will be diversified and have less risk.
Consider funds or individual stocks that pay dividends. The compounding returns add up nicely over time. Dividend payers like utilities are also considered low risk. You might also consider consumer staples (toilet paper, shampoo, soap, deodorant, soup, cereal, etc) the things that people always buy even in an economic downturn often pay dividends too.
Look at opening an account at someplace like Fidelity or Vanguard. Fidelity tends to have lower minimums, but Vanguard tends to have lower fees. (The lower fees would be better over time.)
Sometimes they will waive the minimum investment requirements if you set up regular deposits to your account (monthly deposits.)
I know you are looking for safe investments, but keep in mind less risk means less reward. At a younger age you should consider higher risk because you have more time to make that money back. Consider putting a portion of your portfolio into something higher risk.
Since you are planning for retirement consider opening a Roth IRA account. You pay your taxes up front, your money grows tax free and when you are old enough to take your money out you do not pay taxes again. (With a Traditional IRA you pay no taxes now, but pay taxes when you take the money out.) You are limited to how much you can contribute to an IRA each year, so if you plan to invest more than the maximum you can also open a taxable account. Don't limit your savings!
no place is 100% safe, but there are some more safe than others. I am not going to suggest the usual as investment fund (which is a very safe and brings nice interest over time - find interest formula on internet and calculate the retirement fund). If i were 18 with this mind I would defenitly try and invest in stock myself, you need to properly educate yourself, with all info on internet it shouldnt take more than a year of aquiering knowledge and experience, and there are many games that mimic the real stock exchange with virtual money, if you do good job there you are on your way. I kept telling everyone around me that Tesla company will be giant sucess but had no money to invest, it is still a company one can earn money on just not nearly as much. Follow the market and hunt for what you believe will be succesfull company
It's really possible to make money with trading online, specially with binary trading. You have just to know where to learn... and I know the best source ( http://forexsignal.kyma.info ) This course explain everything you need to start a very profitable trading activity. Before you "learn" to day trade you first must understand the markets, the products traded in the markets and the rules you have to follow to be in the market. You have to learn what to do, why to do it, when to do it and how to do it. If can learn all of this then and only then can you day trade. Before you day trade you must be able to trade. You also need a written sound trading/investment plan with rules that will not only help you but more importantly protect you, mostly from yourself. You also need sufficient trading/investment capital. Use your own money, there’s no need to go into debt so that you can trade/invest. It is more imperative to have a written money management program in place. Remember never invest 100% of your capital into any one security and never have 100% of your capital invested and a good understanding of the rules
My goal is to put away money every year, (Month) and once I am in my 50/60s at retirement age, have around 3-4 million saved up. I am not trying to become rich or wealthy very quickly, I just want to be able to have a nice retirement and be able to do as I please in my last days you could say.
What and where would be a good place to put money and it be fairly safe from disaster.
Thanks
