My name is LeeJun, I’m 18 years old, and I’m just starting my journey into the world of investing. I’m thrilled to be part of this community and can’t wait to learn from all of you. As someone new to investing, I’m really interested in understanding how to build a solid portfolio from scratch and how to make smart decisions in the stock market.
Right now, I’m focusing on learning the basics—like understanding different types of stocks and figuring out what makes a good long-term investment. If anyone has tips for a beginner like me, I’d love to hear them!
Looking forward to connecting with you all and learning from your experiences.
I would start by reviewing some of the articles located in the following forum:
We can’t provide any form of financial advice and your investment strategy will be based on a number of factors such as age, retirement timeline, risk tolerance amongst others. From my experience I would recommend the core of your portfolio being a global ETF to ensure broad diversity. Fees is also another important consideration so make sure you understand how higher fees such as TER (total expense ratio) can have an impact on your returns. I would also make sure that you are using a tax efficient account such as an ISA or SIPP to minimise any tax liability.
Welcome, LeeJun! It’s great to see your enthusiasm for investing. Start by educating yourself on different investment strategies, and consider diversifying your portfolio with a mix of stocks, bonds, and ETFs for a solid foundation.
Welcome! If you enjoy reading books, then i found the ‘little book of common sense investing’ to be quite useful. The author is John Bogle. Great starting point.
Also, great you are beginning at 18. I started at 25 and really wish i started at 18. One thing you will come across is compound interest (snowballing of your portfolio, such as dividends being reinvested, buying more stock, which then makes more dividends). You will come to realise that the biggest contributor to that is time, and at 18 you have LOTs of time to let it snowball.
