Where to begin with only small contributions per month
Achieving financial independence (FI) in the long run seems a bit ambitious so at least I want some passive income to withdraw from after retirement at 60.
Currently 35, I have about $20k invested in Stashaway (SA) but the gains have been minimal. On top of that I can comfortably invest $1k per month aside from other savings.
I’m looking to park the $20k (which I plan to withdraw from Stashaway) and then allocate the $1k monthly. I’ve heard about IBKR and created an account but it seems a bit complex. If I can set up a recurring instruction I plan to do that.
Otherwise, MooMoo or Syfe (which is similar to Stashaway?) has been mentioned before.
Which stocks or ETF should i focus on? Definitely not savvy so not ambitious here, just looking out for future me.