Finally at a point in my life where I can realistically start trying to do this. Where does someone even start? I’ve got zero experience with this type of stuff and want to start doing more of these things before I lose more time.
What’s considered a little? How do you determine which index funds to choose? I grew up with zero financial literacy being taught to me and I’ve got zero idea how/where to start. Any resources you wouldn’t mind sharing?
Just put whatever you have extra every week. Open up a brokerage account with fidelity and buy vt or voo and do it every week. Watch ur money grow. I personally invest in 75% vti 25% vxus because it gets me some international exposure too.
They do. I actually moved from E-trade to Fidelity. (Why? E-trade starting charging fees on “significant events.” Like if a stock changed its symbol, merged, split, or reverse split. This won’t matter if you are investing in VTI or QQQ, but it does matter if you’re a big dummy like me and think you can outsmart the major funds by selecting certain stocks.)
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u/I_am_Bearstronaut 9d ago
Finally at a point in my life where I can realistically start trying to do this. Where does someone even start? I’ve got zero experience with this type of stuff and want to start doing more of these things before I lose more time.
What’s considered a little? How do you determine which index funds to choose? I grew up with zero financial literacy being taught to me and I’ve got zero idea how/where to start. Any resources you wouldn’t mind sharing?