It was suggested by another member I try this board for information that might help me out. So, here I am.
First, you must understand that I am not any kind of financial wiz, nor do I understand “bankers talk” or financial lingo of any kind. If it’s not in layman’s terms, I will not understand what you are speaking about.
I have lived from paycheck to paycheck all of my life. I live in a “hole in the wall” and have for many years now. At every opportunity I have had to get out of this hole, I have been knocked back down one way or another.
I’m 52 years old, and for once in my life, I have been able to save about $500 over the past several years, which I would like to see if I can have it work for me, instead of the other way around.
I thought about attempting to buy some kind of residence to get me out of living in crappy apartments, but over the years, I have not met any ethical or honest realtor to give me any advice or information on how to go about doing such a thing.
So for the past few years, I have been looking into investing what little I have, in order to make me more. I’m not looking to get rich, but only to get by, without having to worry about paying bills if I have to end up retiring early for some reason.
I have looked into a few options on investing, but the person I talked too refused to speak in layman’s terms, so I had no idea what they were talking about, or I was told I would need several thousand dollars to be able to invest in something.
I am interested in investing in 3D printing technology, but was told that is very high risk at this point (what new tech isn’t?).
Without writing a novel on this, my questions are:
Where do I find someone who can explain things to me in layman’s terms, to were a dullard like me can understand what they are talking about?
Where can I find options for investing my $500. or less that might make me a few extra bucks over the next 5 years or so?
Where can I find someone who won’t take advantage of my stupidity in this realm?
What other options might there be, for someone who has nothing, to make something?
Thanks in advance