I read through the sidebar stuff before posting it, but if this is against any sub rules then by all means let me know and I'll take it down.
I'm 19 years old, and have my college paid for with no student loans and no outstanding debt. I worked all the way through high school and took some personal finance classes that I think helped my ground-level understanding of saving and investing, but not much more than that.
What I'd like to do is invest ~$2000 per year from now until I'm 25 into some kind of mutual fund, and then let compound interest do it's thing (and hope rates are favorable) for a 25-30 year window (I'm not trying to make a quick return on this money; this is my "So I can buy a sports car or take my family on vacation when I'm 50" investment).
My main two questions are: What should I be looking for when I put this money into a fund, and what kind of buy-in or fees should I look out for to make sure I'm not losing a significant portion of my investments to the bank? That being said, any additional advice would also be greatly appreciated. Thanks in advance for your input!
Submitted September 04, 2017 at 10:17PM by throwaway937209 http://ift.tt/2ezMWiG
