I don't have the background or temperament to understand the specifics of investment strategy, so I just have an account with Acorns that I dump money into regularly, a little bit more now that the market is temporarily down.
I also have a small bit of stock in a mining company that's set up to make big moves in the 2020s, but I didn't make that investment. My late father watched the market for years and decided to snatch some of the stock up with me as a partner on his investment account.
Acorns has definitely been successful. Even with the current economic trouble, I'm sitting well into the green.
I've also been trying to understand cryptocurrency, but there is so much shit going on in that scene that I find it off-putting to even start sifting through it all.
The main investments that I'm looking to make is in a new shotgun and canned food. A bit more pragmatic.
Edited July 24th
by Party Smasher
VR and AI are both going to take over the world in 5-10 years, I'd heavily invest there. Try to find smaller companies that aren't owned by big tech, or the stock price is going to be reliant on too much external crap and won't shoot up.
A pandemic seems like it would be a good time to start a VR (so people can "get out") or AI (so less people are needed in the workplace) company, so there should be a lot of that happening right now -- good time to invest. Those technologies both have ridiculous untapped potential at the moment, so I predict over 5-10 years they'll start to impact society.
There's also quantum computing, but that's probably more like 10-20 years away from being important.