I am really proud of myself for consistently investing $25 to $50 from each paycheck since I was 19, four years ago. Now, I have seen a 25% increase in my investments

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I was 19 when I first began investing four years ago. I added $25 to each paycheck for the first year, then $50 each month after that. As of right now, my total raise is 25%. I have never day traded or sold anything. Although I am aware that stocks can fall at any time, this is a fantastic achievement. My advice is to purchase stocks at a discount and find out the 52-week low by doing some research. When the price per share drops below what you initially paid, buy it. I also reinvest around $5000 or more in high income investments annually.

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When I graduated college, fractional share investing was not available, which made investing seem out of reach and something to put off “until I got older.” Now, I am older and scrambling to make up for lost time.

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Investing used to be costly and inconvenient. Robinhood changed the game by pushing the industry to offer free or nearly free trading to everyone.

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Also stocks were also trading for lower p/e ratio

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It used to cost about $10 to purchase and an additional $10 to sell. If you were a tiny investor, the broker received all of your profits. It’s funny that they have that name when you consider how they ruined you on lesser trades.

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Ugh, I am still dealing with this. It’s the most financially sensible option for me, unless someone knows of a better alternative. I’m Canadian and trade on the U.S. market, so keeping my funds in USD is important. The only free option I know of requires you to convert currency for each trade or maintain a substantial amount in the account.

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You SHOULD be proud. Great job and excellent strategy, as very few 19 year olds even grasp the concept of starting very young to ensure they can retire.

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Yes, my nineteen-year-old is still stuck on the “check your oil because it’s an old car” routine.

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Make sure to check all fluids, including the oil, for both old and new cars. :man_shrugging:

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What do you think about Teslas?

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I topped off the battery with water like you suggested, said the 19-year-old son to his dad! :+1: