Looking for Long-Term 2-3K Investment. Recommendations?

Discussion in 'Ask any question!' started by Yanez, Mar 5, 2021.

  1. Yanez

    Yanez New Member

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    Hello all,

    This is my first post so first, thank you in advance to the community. A little bit of context. I live in Chile where we have a private-pension fund known as AFP. Recent laws would allow me to withdraw about 2-3k USD from my savings for my use (if I wish to exercise it).

    I am thinking of taking that money out and put it in a very long fund that I will withdraw for retirement. If I choose to leave my money in the AFP (pension saving fund), the interest or 'rentability' is around 4-6% annually.

    Would the better option be to invest in a safe ETF. If so, would any trading site work? (Ameritrade, Fidelity, etc) or are there better options for 2-3k (which I know is not a lot of money).

    Cheers and thank you in advance!
     

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