investement advice for a starting a portfolio?

Discussion in 'Ask any question!' started by michael365, Oct 10, 2017.

  1. michael365

    michael365 New Member

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    I am 20 years old and completely new to investing, I have 0 debts with about $130,000 in savings with more to come. I wanted to know how easy it is to hire someone to manage my portfolio and to invest for me, how much money I should start out with and how much money I can except to return. any advice would help. thank you!
     
  2. Gray Wolf

    Gray Wolf Well-Known Member

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    There are many types of services you could get that would manage your money for you but I doubt you'll find a reputable one that would predict returns. If you can't manage your own stuff then I would recommend something like TD Ameritrade (that's who I broker with) and their selective portfolios. Look at that here: https://www.tdameritrade.com/invest...management-services/selective-portfolios.page

    Also, If you care to learn (takes an investment in time) you could setup your own stuff with long term type investments that only require a little time on weekends to check on them and maybe more time once a quarter to make sure fundamentals are not changing. Kudo's to you though for recognizing the need to do this. Good Luck
     
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  3. michael365

    michael365 New Member

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    thank you I really appreciate it
     

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