Questions tagged [starting-out-investing]

For questions relating to beginning investing. It should normally be used with other tags to clarify the area that it relates to.

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305
votes
16answers
56k views

Best way to start investing, for a young person just starting their career?

I am young, just started my career, and looking to begin investing so I can make my money work for me. I'm still living like I did in college (occasional purchase on myself, but most of it goes into ...
130
votes
8answers
23k views

Oversimplify it for me: the correct order of investing

I have been reading the top posts here, and the recommendations for what to invest in are often similar. What I'd like to know, in as simply of terms as possible, is what the consensus is on priority ...
22
votes
5answers
4k views

Book or web site resources for an absolute beginner to learn about stocks and investing? [closed]

I'm completely new to the world of investing and stocks. Knowing that I shouldn't invest or buy stocks until I know it well enough, I was wondering which cheap or affordable resources would be the ...
27
votes
7answers
3k views

Where to start with personal finance?

I am married with kids and starting to look hard at savings for retirement, buying a house and sending my kid to college (still a LONG way away). However, I am completely new to the world of finance ...
41
votes
7answers
5k views

Ethics and investment

I am a young man who has recently reached a point of financial stability. I'm starting to think about long-term plans which may one day buy a home, or provide for myself in old age. This raises the ...
6
votes
3answers
1k views

Best starting options to invest for retirement without a 401k

I'm trying to avoid asking a duplicate question, but I feel my situation is more specific than general beginner's saving or investing. I am a university student with a part time job that does not ...
37
votes
10answers
9k views

Should a high-school student invest their (relative meager) savings?

I am a high school student, I don't really have much money, between one and two grand in my savings account. However, I have friends who are investing in both penny stocks and stocks. I do not really ...
4
votes
1answer
2k views

21 years old and saved up $20,000 from working. What should I do with it?

My main concern is making the $20,000 that I currently have saved, substantially grow. - I currently am able to put roughly $500 into my savings at a bi-weekly period due to my part time job. - I am ...
184
votes
23answers
60k views

What options do I have at 26 years old, with 1.2 million USD?

I'm a 26 years old female, got into an accident that almost killed me; I sued, and after attorneys fees and medical bills from hell... I will walk away with around 1.2 million dollars tax free. Here ...
127
votes
13answers
68k views

I'm 23 and was given $50k. What should I do?

Recently I was given 50k from my grandmother in her will. I am 23 years old and have no idea what to do with it. I make $33k a year. I have zero savings. I owe $35k in student loans over 6 years 0% ...
21
votes
7answers
7k views

Is it wise to invest money in the stock market?

My uncle wants me to invest money in buying shares. I would like to ask these questions to my fellow users: Is it wise to invest money in the stock market? Is there any age limit to start into stock ...
8
votes
6answers
1k views

23 and on my own, what should I be doing?

So I graduated in May with a Computer Engineering degree and started work in September at a major bank located in Jersey City and moved in with a couple of college friends in an apartment in Astoria, ...
10
votes
4answers
3k views

Can I buy stocks directly from a public company?

Is it possible to buy stock directly from a public company, bypassing a broker? It seems that discount brokers do nothing more than facilitate a trade and take a cut - I'd like to eliminate the ...
7
votes
1answer
553 views

What is my next step with investing, given a signing bonus of restricted stock units?

So, here's my status: I have never owned stock or investments of any kind, and currently have only a checking and savings account to my name, with a small amount of stock. I'm receiving a signing ...
7
votes
4answers
1k views

Are bonds worth the investment since they don't compound?

I was talking with my parents and they told me they have been buying 30 year EE bonds at $100 every 2 months with an interest rate of 4%. Because it is an EE bond, it does not pay a monthly coupon. So ...
2
votes
3answers
1k views

First time investor and online brokerage accounts

I have some extra money which I would like to start investing. I am a first time investor so I know very little about personal investing. I have about 1000 dollars to invest. I want to use an online ...
1
vote
1answer
195 views

Where to start with personal finance in Canada?

This will obviously differ by situation, and might be overly broad, and very closely related to Where to start with personal finance?. But how about some Canada specific answers? Say you've reached ...
3
votes
5answers
953 views

What should I do with my money?

I'm a final year University student with about 50k (AUD) in the bank earning interest at 2.8%. I have nearly finished my paid full time placement which is why I have a lot of money currently as I ...
23
votes
12answers
1k views

What should I be aware of as a young investor?

I'm 19 years old and am keen on investing in blue-chip companies. What should I take note of?
8
votes
10answers
3k views

Ideal investments for a recent college grad with very high risk tolerance?

I recently graduated college and got a steady job making decent money as a software engineer/programmer. I make more than enough money to sustain myself and save up money, while still having money ...
9
votes
2answers
917 views

How does compounding of annual interest work?

I have tried reading up on it, but I just find it confusing. Apparently, if you started investing $150/month at a 15% annual return and kept reinvesting the profits, here is what you would have ...
8
votes
1answer
787 views

How to save and partition money for a University student

I'm about to start my first "professional" internship/job, but I will be getting paid. I will be making around $1100 every 2 weeks and saving around $8800 during the whole summer. This is more money ...
3
votes
3answers
839 views

Start Investing - France

I live in France and I am 20. I am in my 3rd year of computer science degree. Not working regularly yet ! I would like to start investing my savings into something profitale. I currently have a LDD, ...
14
votes
3answers
8k views

Should I open a Roth IRA or invest in the S&P 500?

I am a 24 year old high school teacher. Currently, I don't have that much capital to open two accounts. I would rather focus on one at a time until I gain more capital. Should I start with a Roth IRA ...
4
votes
3answers
928 views

Is it worth investing in Index Fund, Bond Index Fund and Gold at the same time?

I live in Cyprus, and I have been considering ways to get started with some basic investments in the US. After a little, and I mean little, research it seems that Index Funds, Bond Index Funds and ...
12
votes
4answers
1k views

Is an index fund a good choice for a starter investment?

As an individual that is willing to consistently invest ~100-150 dollars monthly into an investment, willing to devote an average of an hour a day to educate himself / monitor investments, what kinds ...
4
votes
3answers
796 views

How to start investing/thinking about money as a young person?

I have about 10k GBP in my bank, and I know for most of you that is not a huge amount. However, I will finish university soon and I would like to have in the back of my mind about how to start ...
1
vote
3answers
549 views

Whats the best option to increase my net worth, now that I have an income and some money to save?

I am 25 years old software developer with no loans. Before my software developer work I rarely had more than enough money to live by and I was not thinking of savings and such since I didn't any spare ...
8
votes
9answers
17k views

New to investing — I have $20,000 cash saved, what should I do with it?

maybe someone can lend some advice. Background: I'm 28, married, and expecting my first child. Our short(ish)-term financial goal is to continue saving for a home. I'm wondering if I should take ...
6
votes
4answers
761 views

How should I begin investing real money as a student?

(Skip to the 3rd paragraph for the basics.) Alright, so for starters, I'm in high school. I'm 17 and have two jobs: one is for fun, basically, and the other is a job that I can live off of. I go to ...
4
votes
4answers
1k views

Unmarried couple, should we open a joint investment account or separate accounts?

My partner and I are unmarried and will be remaining that way. We want to finally start an investment portfolio and taking advantage of things like IRAs etc. I will be managing the portfolio(s) for ...
4
votes
2answers
179 views

Investing in stocks & shares ISA- when to make deposits?

To start with, let me say that I am very new to investing- have no prior experience of it... Last year, I opened a stocks & shares ISA for the first time (it is a Lifetime ISA), and my intention ...
4
votes
2answers
982 views

How would one follow the “smart money” when people use that term?

From time to time, articles talk about following the "smart money". My question is: What indicators or sectors do we look at that is considered the "smart money"? If everyone is following the smart ...
2
votes
2answers
132 views

Managing investments for multiple goals

I have been investing towards multiple goals, like Retirement, House, Car, Vacation etc. So I make monthly deposits against each of these goals. But I have a single fidelity account for investing, so ...
-5
votes
2answers
596 views

I'm 18. How to build good monthly income at my 20's?

I have 18 years , from a middle high class from Brazil. Finishing the high school this year, debt free with plans of studying and living overseas in the next years. I have access to about 20k dollars ...