View Single Post
  #7  
Old 09-18-2005, 01:23 PM
Sniper Sniper is offline
Senior Member
 
Join Date: Jun 2005
Posts: 704
Default Re: The Motley Fool Investment Guide for Teens

[ QUOTE ]
At your age earned not unearned income is where the action is. Find out what is preventing you from earning the big bucks and fix it. I think self help books might be a better investment than an investment guide.

stick to vanguard.com mutual funds until you have $50k and then reconsider.

[/ QUOTE ]

A great book for college students is The Automatic Millionaire by David Bach.

I definately agree at 19, he should be looking to maximize earned income.

50K however, is too high a default point before diversifying out of index funds.
Reply With Quote