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As rest of your questions seem to have been answered in other comments, if you are new to investing/financial planning. I would recommend you to start at Bogleh
by actuator 6y ago
As rest of your questions seem to have been answered in other comments, if you are new to investing/financial planning. I would recommend you to start at Bogleheads: https://www.bogleheads.org/wiki/Getting_started https://www.bogleheads.org/wiki/Getting_started
If you want to read more about Index funds(Mutual fund & ETFs), you might find this helpful: https://www.bogleheads.org/wiki/Index_fund https://www.bogleheads.org/wiki/Index_fund
- Shatnerz 6y agoBogleheads is probably the best resource in my opinion. It's easy to read and very accessible to everyone. If you want a few more resources you can try - https://www.whitecoatinvestor.com/ https://www.whitecoatinvestor.com/ - targeted mostly at doctors and other high earners but can be useful - https://old.reddit.com/r/financialindependence/ https://old.reddit.com/r/financialindependence/ - subreddit about achieving financial independence and retiring early. It's a bit boring but the financial advice is pretty sound and never really changes. You can probably just read the sidebar or skim when you're bored. Once you read the "Getting Started" and "Index Funds" on bogleheads, I'd suggest https://www.bogleheads.org/wiki/Three-fund_portfolio https://www.bogleheads.org/wiki/Three-fund_portfolio . It shouldn't take long, and by that point you should at least be able to understand enough to set up your investment accounts with some confidence.