Row 49118

Row ID: 49118 | Dataset Entry | Axioma AXP Content Repository

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I’m 23 and I want to start doing some investing but with a small amount, basically just what I can afford right now. I actually set it up last night but it was kind of rushed and just what I remember seeing in the past when considering investing.

I tried to set up a fidelity account several times and each time I would get to the end and past all the verification steps then it would tell me there was a problem so I ended up just using my old Robinhood account which I know isn’t the best.

I set up weekly recurring buys for $5 each for VOO, SPY, QQQ, and GOOGL. I also set up a Roth IRA with $20 every other week and just did on of the premade options for investing it.

Basically my question is if you were 23 and knew nothing about investing and had $30 weekly to invest or save how would you do it. Is how I have it ok or should I put the $30 into one thing or is this small of an amount even worth it vs just putting it into a savings account. I understand I’m not going to get rich from this but just trying to start the habit of putting money towards something.

Thanks for any advice

FieldValue
text I’m 23 and I want to start doing some investing but with a small amount, basically just what I can afford right now. I actually set it up last night but it was kind of rushed and just what I remember seeing in the past when considering investing. I tried to set up a fidelity account several times and each time I would get to the end and past all the verification steps then it would tell me there was a problem so I ended up just using my old Robinhood account which I know isn’t the best. I se…
label r/investing
dataType post
communityName r/investing
datetime 2024-05-22
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Raw Record

{
  "text": "I’m 23 and I want to start doing some investing but with a small amount, basically just what I can afford right now. I actually set it up last night but it was kind of rushed and just what I remember seeing in the past when considering investing. \n\nI tried to set up a fidelity account several times and each time I would get to the end and past all the verification steps then it would tell me there was a problem so I ended up just using my old Robinhood account which I know isn’t the best. \n\nI set up weekly recurring buys for $5 each for VOO, SPY, QQQ, and GOOGL. I also set up a Roth IRA with $20 every other week and just did on of the premade options for investing it. \n\nBasically my question is if you were 23 and knew nothing about investing and had $30 weekly to invest or save how would you do it. Is how I have it ok or should I put the $30 into one thing or is this small of an amount even worth it vs just putting it into a savings account. I understand I’m not going to get rich from this but just trying to start the habit of putting money towards something. \n\nThanks for any advice ",
  "label": "r/investing",
  "dataType": "post",
  "communityName": "r/investing",
  "datetime": "2024-05-22",
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}
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