Feeling very satisfied with this goal. I have slightly diversified and talked seriously about this with my boyfriend, who works in financial planning/life insurance/etc. I’m also going to treat my investment amounts as a bill each month!
People who have done this
More "How I Did It" stories
Scott Urbanowski is doing some planning - both short-term and long-term!
How I did it: I'm a member of a financial services company. So when I found out about their investment services, I was intrigued. I did my homework and decided to go ahead.I am starting off conservatively - just a couple of shares of stock, one in one company, one in another. I'll go from there, knowing that this is a long-term deal. Read how I did it…
How I did it: Well it's just a very small investment but I did do it. I did it through my bank. I just think I should try this at my age. I know I should have looked into some investment stuff but I just went with a stock I liked. Read how I did it…
inneedofinspiration is thanking God!
How I did it: I talked to my friend who has been working longer than I have. She talked to her friend that's a financial investor and had been putting her money in a tax shelter. I basically copied her and put in as much as I could afford. I currently live at home, so I put about as much as I would in rent into the same company she did. Read how I did it…
How I did it: I'm a student, so I only worked this summer before going back to university. I carefully budgeted my year to figure out how much I could afford to put aside, and put it in my savings until I turned 19 this September. Then I dragged my Dad to the bank to set up a stock portfolio, and transferred my savings in! I know I can stick to my budget this year without having to dip into what I've invested because I took all my possible expenses (Ch… Read how I did it…
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Entries
A fish with many fins is going to find herself again
I have invested $2,000 in one month. So far there were irregular gains and losses. The net is a loss (not much though). It is risky. I should note that I should not over-invest.
I hope that when the market recovers I would earn a good sum.
A fish with many fins is going to find herself again
12% annual interest for five years will give me fair income to support my expenses.
I just invested $7,000 for this. Yay!
A fish with many fins is going to find herself again
- Last week I signed up for an online stock trading company.
- Yesterday, I invested some stocks in the water utility company.
I’m still learning the ropes. I hope one day I will be confident to trade. And I will be investing for the long run.
right now I have a lot of other expenses that have to come first, but in the next year or so I’d like to start investing
I now have a job but they want you to be there a year before you can do the whole 401k thing. So this one is on temporary hold!
A fish with many fins is going to find herself again
I placed a short-term time deposit in a rural bank yesterday. I’m aiming to maximize me income potential: a balance of active and passive income.
refreezer is stressed, out of balance, and feeling much better
stumbled into the possibility of taking a share of the house I’m living in – so putting off buying a car for a few months to plough some money in to this house deal. I have to be a bit smart to get into this with good conditions and risks so I can get out relatively soon with a reasonable profit, and not have it just become a big albatross. I should be able to save at the same rate and soon have enough to start investing in more things – starting easy with index funds, and moving on to shares &c later.
A fish with many fins is going to find herself again
This is my goal for the year. When my beau comes home, I’m going to buy dollars and invest it in Vanguard.
→ See all 119 entries
Ask for advice: Get help from people who've accomplished this goal
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9king asks,
“how much is a down payment on a mutual fund and do you make monthly contributions to your funds also is taxes that bad i rather ask a person who has experience with this instead of a broker”
— 13 months ago |
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fanboy asks,
“Do you manage stock investments inside a retirement account (Roth, IRA)? Are you happy with your broker?”
— 22 months ago |
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fanboy asks,
“which broker do you use, and how much do trades cost?”
— 23 months ago |
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