I'm young, have decided that I don't really want to go to college but I want to get into investing so that I can make my money work for me. Right now I just started a job where I make 250-300 a week. My only real expense is a 120 dollar phone bill every month. Still live with parents and don't pay rent so I'm free to save as much as I want. I essentially spend all of my free time learning and reading, but I don't study anything I can apply so I've decided I want to focus on trading and investing. After reading the FAQ, here's my main questions:
-
What are some essential books for me to read that helped you get a grasp on day trading and long term?
-
Where can I go on the internet to learn about these things? Is this sub a good place to ask questions when I am learning?
-
What is a good saving schedule and at what dollar amount should I start investing (once I understand how it all works)? I get paid weekly so If I can put up at least 150 every week thats at least 600 a month being saved. I'm going to shoot for 200 a week saved, but I'm also trying to be all inclusive in my planning.
-
What is a good stock market simulator that i can use while I'm learning to see if I'm understanding everything correctly? Paid or free (preferably free, but if theres a really good paid simulator that I can upgrade to once I have a basic understanding, that would work better)
Any advice will help, and if there's a better way for a young person to invest their savings to make more money, I'm open to all suggestions. I'd really like to succeed at this.
Submitted August 20, 2017 at 01:18AM by pabloemiliobuffet444 http://ift.tt/2wsH5WC
