Im 17 years old and I have been "investing" in multiple stocks over the past few years (through my fathers vanguard account). I'm lucky to have invested when I did because the market has been doing well since then, but I was only investing in big companies (FB, AAPL, AMZN, etc) that were well known for positive returns in the past. I have recently sold everything and have between 2000-3000 dollars to invest. I also have a job and plan on investing around $100 of my paycheck every month.
My dad recommended that I invest in ETF's or to save up enough to buy a mutual fund and slowly add money as I please. I am also interested in investing in multiple stocks or a mixture of individual stocks, ETF's, and or a mutual fund. For the individual stocks I was thinking about BABA and SQ, but only because i've heard people talk about it on here.
I have little to no experience in investing and was wondering what you guys think. I do not mind investing over a long period of time especially since its such a little amount of money. Keep in mind that I am going to add around $100 a month.
Other (somewhat unrelated) Questions I know that you can't "time the market" but will the passing/failing of the tax bill severely effect the market? Is it best to invest before or after the outcome of the bill? (more of an opinion) Will net neutrality have an effect as well? Should I look at investing in ISP's?
Thanks for your time!
Submitted November 28, 2017 at 09:18AM by TheSecondTriumvirate http://ift.tt/2j1LmsD
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