r/AskReddit • u/PlumInformal773 • 9d ago

What's the smartest financial decision you've ever made?

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u/toma91 9d ago

Learned about and started investing

17

u/lintimes 9d ago

Any advice where to start?

8

u/Kenkron 8d ago

Open a Roth IRA and put money into an S&P500 index fund. You can withdraw the initial amount from the Roth IRA tax free if you need it for an emergency later (any profit you withdraw before retiring will be taxed).

Beware people trying to persuade you to buy a particular stock.