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"If You Can" by William Bernstein is a free, meant-to-be simple primer on investing aimed at Millennials: https://www.etf.com/docs/IfYouCan.pdf https://www.etf

"If You Can" by William Bernstein is a free, meant-to-be simple primer on investing aimed at Millennials: https://www.etf.com/docs/IfYouCan.pdf https://www.etf.com/docs/IfYouCan.pdf

pdimitar 7y ago
Appreciate the link but dude, this is not beginner material. I have zero idea what an "index fund" even is. I can learn it in an afternoon but then I'm not even sure my country has markets like that...
- erikpukinskis 7y ago
  Index fund is just a bunch of stocks bundled together. You can buy small amounts of it, and you just ride the market as a whole, rather than some specific stocks you picked. You can buy it at Vanguard.com. You’ll need to sign up for an account, and then it’s a process similar to setting up online bill pay. If you can put a consistent amount into an index fund, even if it’s $50/month, religiously, that’s a huge step.
- dublinben 7y ago
  If you prefer a more basic starting point that links to definitions of the terms it's using, check out the Bogleheads introduction: https://www.bogleheads.org/wiki/Getting_started_for_non-US_investors https://www.bogleheads.org/wiki/Getting_started_for_non-US_i... There are certainly online brokerages available in your country that offer index funds (either mutual funds or ETFs) like Interactive Brokers or Revolut.
- georgeplusplus 7y ago
  Its a whole different field with its own lingo . Like learning a new programming language that seems difficult because it uses a crazy syntax you must read and research and discuss until you are comfortable working within it. How I learned was through trial and error. I opened a brokerage account. Which now in my country is the easiest it’s ever been since there’s are 0$ fees for transactions. And just bought stocks at like 100$ or whatever I was comfortable to lose until I understood the basics of why something affected the price one way over another. It’s not a science it’s more of an art and it’s own of those things that you need to put the effort in and someone can’t really explain to you until you do it.

"If You Can" by William Bernstein is a free, meant-to-be simple primer on investing aimed at Millennials: https://www.etf.com/docs/IfYouCan.pdf https://www.etf.com/docs/IfYouCan.pdf

pdimitar 7y ago

Appreciate the link but dude, this is not beginner material. I have zero idea what an "index fund" even is. I can learn it in an afternoon but then I'm not even sure my country has markets like that...

erikpukinskis 7y ago
Index fund is just a bunch of stocks bundled together. You can buy small amounts of it, and you just ride the market as a whole, rather than some specific stocks you picked. You can buy it at Vanguard.com. You’ll need to sign up for an account, and then it’s a process similar to setting up online bill pay. If you can put a consistent amount into an index fund, even if it’s $50/month, religiously, that’s a huge step.
dublinben 7y ago
If you prefer a more basic starting point that links to definitions of the terms it's using, check out the Bogleheads introduction: https://www.bogleheads.org/wiki/Getting_started_for_non-US_investors https://www.bogleheads.org/wiki/Getting_started_for_non-US_i... There are certainly online brokerages available in your country that offer index funds (either mutual funds or ETFs) like Interactive Brokers or Revolut.
georgeplusplus 7y ago
Its a whole different field with its own lingo . Like learning a new programming language that seems difficult because it uses a crazy syntax you must read and research and discuss until you are comfortable working within it. How I learned was through trial and error. I opened a brokerage account. Which now in my country is the easiest it’s ever been since there’s are 0$ fees for transactions. And just bought stocks at like 100$ or whatever I was comfortable to lose until I understood the basics of why something affected the price one way over another. It’s not a science it’s more of an art and it’s own of those things that you need to put the effort in and someone can’t really explain to you until you do it.