[USER]

I need little help with financial investing as I am litterally financial illiterate and tried reading about it but not able to understand much.

I asked family member for advise and end up losing money in stock and options of badly doing companies.

I will be getting some portion of my hard earned savings back around 150k, please advise on how to invest it efficiently and with minimal risk.

This is the last huge chunk of my savings as I am now stuck with less salary and more expenses which basically gets me through the month.

[Brian]

Read the book “The Simple Path to Wealth” by JL Collins.
Use a major brokerage as mentioned earlier.

[Kevin]

Use a major brokerage (Fidelity, Vanguard, E trade, Schwab etc) and buy a broad based index fund that tracks the market (Total Market, S&P 500, Russel 1000)

[Alex]

The Simple Path to Wealth by Jl Collins is great book to read

[Isabelle]

The easy answer is something like VTSAX and chill. But you should also learn the basics – so you might want to want to read The Simple Path to Wealth by JL Collins (or YouTube, or audio book it).

[Author]

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