Im a complete beginner to all of this but wanted to ask some advice if I may. Hopefully the following will make sense..
Im 26 and have a part time profession. Over the last few years I have saved a good sum of money but have regretfully been too scared/lazy/busy to invest my money so far. Im single, am not tied down, and my money needs to be working for me not just earning interest in a bank account. In a perfect world what I would like to do would be to supplement my current income each week. As I stated before I have absolutely no experience in the share market, but im interested and smart and do have a few days a week at least free to spend learning. Once the ball is rolling however I ultimately dont want to have to spend too much time managing it.. idont want to live and breathe the stock market -I have other careers and passions that I want to focus my time on, im really looking for a way to get my money working for me on the side without having to look over it all day.
Is what I suggested possible or is it a pipedream, and what should i look into.. Dividends, speculative trading, long term investment etc?
How long would it take to train myself to do this with any chance of success?
And I know this is really an unanswerable question, but with say 20thousand dollars, what kind of return could one aim for?
Thanks for any help whatsoever. Really just looking for some guidance to push my education in the right direction, its a complex world to enter! Much appreciated,
edit: before anyone suggests property investment, I should mention that given my current career id prefer the liquidity of shares.