Where's a good place to start with investing?

I'm 18 years old and am looking to start investing. Financially, I'm pretty much set when it comes to college expenses over the next four years, not forgetting expenses related to cars, travel, etc. With how things appear, I am left with a few thousand dollars in my accounts, and I'm looking to invest some of that.

My mother had my sister me meet with her portfolio manager, who gave usa basic rundown on what was what. This was what got me in on the idea, though I'm still researching and I thought I could possibly turn to my new hobby for some assistance in this regard.

Generally, should I invest with someone like my parent's investment manager, should I do it on my own, or is there another strategy? Additionally, I understand bear and bull markets, and that we are currently in the latter. I'm kind of torn on this because I want to begin investing, but at the same time think that waiting a bit for a bear market before jumping in may be a better idea.

Thanks in advance for any advice you all may have!

11 Answers





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Well, first of all I would love to praise you for your ambitions and desire to set up your own business. But be careful with your money. Of course we always risk investing money because one beautiful day we can loose everything we have invested. At first try to invest with parent because it will be your first start up, who knows how everything will turn out.

Have you thought about businesses to invest in?

I advise you on investing into your first business online. It can be risky to invest in real estate for you. Better start with some small businesses like research paper writing service which is online business an usually very profitable because writing some homework or assignments is always in demand among students.

Think about it dear.

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