Hey guys, 26, I have $2000 to start investing. I have $1500 in a Scottrade account and $500 in an Etrade account.
How I plan to use them. Scottrade – Bigger account, safer bets ETrade – Smaller account, more riskier bets (penny stocks, sub pennies etc).
Im in to Technology based stocks, that's really all I'm interested in. I like the idea of investing from a consumer standpoint, and I'm only into technology, so that's that.
I don't want to invest in bonds, as I don't feel I have enough capital to do so.
Invest, wait for it to move up, sell enough shares to gain my initial investment back.
build towards real estate investing.
Things I struggle with:
I need to work on due diligence, how are you guys reading filings, how often do you read them? How do you know if you're getting a great deal?
Books I have read:
The Intelligent Investor, this book was a little confusing, will read again.
Warren Buffett and the Interpretation of Financial Statements.
Help me out guys! Thank you all in advance!
Submitted August 05, 2017 at 12:17PM by BrokeButDriven