BastidChimp t1_j2c65e7 wrote on December 31, 2022 at 3:57 AM

If you're currently employed, open up a Roth IRA. There is a book you can borrow from your local library. The Little Book of Common Sense Investing by John Bogle. This book was written for beginner investors emphasizing investing in broad market ETFs like VTI or VOO for their simplicity. Just set it and forget it even during market corrections until you retire. Broad market ETFs for the win.

Trusky86 t1_j2d70lr wrote on December 31, 2022 at 10:59 AM

Thank you for this. Mid 30’s and I feel completely hopeless financially. Hope I can somehow make up for lost time.

lost_girl_2019 OP t1_j2dbs1l wrote on December 31, 2022 at 12:02 PM

Me too. Best of luck to you!

[deleted] t1_j2ea6ef wrote on December 31, 2022 at 4:55 PM

[removed]

lost_girl_2019 OP t1_j2dbut6 wrote on December 31, 2022 at 12:03 PM

Yes! This is exactly what I'm looking for, set it and forget it! Thank you!!

[deleted] t1_j2eaalr wrote on December 31, 2022 at 4:56 PM

[removed]

dacyman t1_j2e1yrq wrote on December 31, 2022 at 3:58 PM

If he is unemployed, then I would suggest him to stay away from trading.