If you want to be risky (which at your age is a great approach, because as you said, you have time on your side to make mistakes and repair them). In this case, individual stocks are the way to go. Forget mutual funds or ETFs. These are average and many do not even beat the Continue reading →

If you pick a broker who will charge you zero commissions so you can buy even 1 share of a stock and pay nothing to do so, then yes, you can still do it. Choose high quality dividend growth stocks (dividend aristocrats), 3 to 5 companies, buy few shares (choose stocks in the $40 – Continue reading →

Is this investment strategy good: allocate 75% in savings account with high APY(~2%), 20% in long term re-investing dividend stocks and 5% in short to mid term high risk stocks (kind of a swing trade)?     How old are you? If you are close to retirement or retired, and inherited a large sum of Continue reading →

I bet many people will tell you that you can’t because of diversification and other myths and misconceptions what all sorts of advisers tell general public to cover their backs and lack of deeper knowledge. I started like that myself and built up a nice portfolio. It is difficult at first but doable, mainly today Continue reading →

Not at all. However, your strategy will depend on a few important factors. For example, are you starting at retirement from scratch, meaning you have nothing saved? Or you have a significant amount saved and invested elsewhere and just thinking or re-allocating it? Generally, it is never late to start in the stock market but Continue reading →

A study was made (sorry no longer remember who did it and link to the source, but I may try to find it if I have time), indicating that investing smaller portions but regularly outperforms a lump sump investment long term. So, if you have a large sump, identify stocks you want to invest the Continue reading →