Hey guys Im a 20 year old from south dakota who has an odd hobby for investing the small amount of money I have accumulated throughout my life. I found this site and have followed Tiptop for a while although I haven't taken his advice on any trades thus far (unfortunately). Look forward to discussing stocks with you all.
Welcome aboard Austin and what you are doing with a small amount of money is a good way to get your feet wet while you hone your skills...TTT
hI Austin welcome aboard at 20 don't forget to enjoy life as well then why not trading if it bring extra $$$ with TTT you already are on the $$$ road good luck
Great to be starting young. I'm 59, retired. I was taught in late 20's to invest auto. each month into low cost index funds. Rec. Fidelity and or Vanguard. Total Stk. MKT INDEX for 85-90% of US holdings. Internat. Index fund 10-15% of total portfolio. Reinvesting dividends and cap. gains back into funds. Free advice from Fidel. Or Vang. Near retirement, 10-7 years out put move to more balanced portfolio. I use Vanguard Balanced funds, Vbiax, Vtmfx, for approx. 45-50 % of total portfolio now. reinvest. Div. back into funds. And Vtclx for approx. 50% of total for growth, again reinvest. Div. And cap. Gains back into fund. Take care.
