First of all, i think the most important thing to state first is that I'm not American and I live in a Middle Eastern country. I realise this is important because most index funds (Vanguard for example) mainly operate in the United States. Another noteworthy information is that I'm actually 18 years old right now. No income yet but I've got some money saved up ($3000).
Now I know I may be too young for this and may not meet most requirements but I'm extremely interested in knowing what I would have to do to apply for a Vanguard Index fund for example or get into long term investing in general. I'm leaving for Germany next year to get my education, and will be working so yes, that saved up money will be increasing ( I've heard you would need atleast $10000 to buy into an index fund?)
What do you guys think? What do I need to do about me being a foreigner? What are the requirements?
Submitted June 18, 2017 at 09:23AM by thyexorcist http://ift.tt/2seKSnG
