Hi, I turned 21 this year and I'm am trying to get my life start and I want to take my financial situation into my own hands. As a beginner, I plan to start small. For example with a Robinhood account or something similar. What I realize is that I keep thinking of investing without actually making any steps forward in putting it into action, hence why I am staring small. I want to invest this money for starts, as a way to not touch it but actively putting more into it. I also want to learn how to proper invest.
So senior investors of reddit, may I have suggestion on how to start account, stocks and traded wise?
What routes should I take in order have a diverse portfolio?
I understand that high risk=high yield, so what are some moderately risk routes that I could take ? I have no fear in losing the $200.
How does one usually ended up in debt when investing ?
Say I lost the $200, could I end up in the negative in someway?
So which community is the best for a post like this? i'm still pretty new to reddit
Lastly,thank you for your time and effort in guiding me :)
Submitted July 03, 2020 at 05:29PM by Existing-Worth-735 https://ift.tt/2BsUC5v
