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- Alyssa
Newbie here! Young millennial (30y/o) that doesn’t have any investments but have finally pulled myself out of debt (took longer than expected) and am looking to start somewhere.
With the market dipping I am just looking for a starting point. Which stocks would you recommend?
I’ve been setting aside money (separate from savings) to invest knowing that this might be my opportunity. Please please help with any small tips, tricks, or stock names.
i was never taught anything coming from my family and would love to begin a generation that builds wealth rather than succumb to poverty.
Thank you in advance and please be kind.
Bánhdon’t buy now. You are catching the knife. Every single rallies will fade until you see a policy shift, a change in tone from the Fed, or a reclaim after market capitulation.
MiaI was in your shoes when I was 30. Adding another vote for Simple Path to Wealth by JL Collins (not the other book w same title!).
You will *actually* feel like you understand how to set up your retirement accounts at work.
FelixCongratulations on paying off your debt and setting aside money to invest… you’re already ahead of many!
If you’re looking for a beginner-friendly way to start building wealth, consider REITs (Real Estate Investment Trusts).
They allow you to invest in real estate without the need for large down payments, mortgages, or property management headaches.
CherryYou know what you should do first?? Invest in yourself by acquiring the knowledge about how the markets work and how to navigate the markets, after which you’ll become profitable after a while.
It’s not gonna be easy but it’s definitely worth it.
That way you don’t end up losing all your money to the markets out of ignorance and also make those profits yourself.
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