New to stocks

[xavier27]

Hi, I'm Xavier and I'm very new to stocks. Can anyone please guide me?

 

[C32B]

First question. Do you have emergency funds prepared ?

 

[xavier27]

I'm gonna be 18 in a few months. So is emergency funds required?

 

[teerance85]

Emergency funds are always required, regardless of any age.

 

[danielkok]

Set up CDP account and account with brokerage firm yet?

 

[iantay88]

U dont seem to have any knowledge with how everything works yet, why not go read up first, otherwise you will ultimately lose all your savings

I'm gonna be 18 in a few months. So is emergency funds required?

 

[xavier27]

Set up CDP account and account with brokerage firm yet?

Nope! Required to be 18 yrs old isnt it?

 

[kebinu]

What kind of guidance are you looking for?

 

[nanotard]

TS probably want to learn from FATA master

 

[Belial]

before you go into stocks, you must ask yourself whether you can stomach any losses and at what amount. if you feel you will commit suicide at $100-200 loss then i suggest you put the money in the bank.

 

[xavier27]

What kind of guidance are you looking for?

Like what kind of type to buy? REIT, DRIPs, etc etc?
How to decide what kind of stocks to buy?
Anything related that you can teach me will be good

 

[C32B]

TS probably want to learn from FATA master

Paging for Wahkao.

 

[C32B]

I'm gonna be 18 in a few months. So is emergency funds required?

Emergency funds is of course require. What if you throw all your whatever available funds into stock then nothing is left ? How are you going to have expenses for your day-in day-out ?

 

[Bedokian]

TS, I suggest that you do some read up first before jumping in. From the posts in this sub-forum, you can see many of us here have different styles of investments, so if asking for advice you will get tons of opposing views.

 

[satire85]

Invest in yourself first. Get a good education, find a stable job and earn a good income. You can think about investing after you achieved all these.

 

[nanotard]

TS can go forex, short NZDUSD

 

[kebinu]

I teach people for fees. If there's direct Qn, then easier to answer here. That will be available for free.

From your Qn, none of us can help you with that.

 

[sAVaGEmP5]

I think TS want to find out the cheat sheet to make money and how many ferraris and condos "block purchase" or even which Football club to buy already.

 

[C32B]

I think TS want to find out the cheat sheet to make money and how many ferraris and condos "block purchase" or even which Football club to buy already.

Easy, buy Toto 4d or visit MBS..

 

[ramdick]

I think TS is so swamped that he doesn't even really know what he wants to know.

I suggest going to the library, get a beginner or dummy's guide to investing. Then come here to ask questions on what you don't understand.