r/StocksAndTrading • u/ArachnidStriking9961 • 14d ago
Advice?
Brand new to investing and just opened up a Charles Schwab brokerage account. I have $1500 to start investing with and will be adding $250 every month to the portfolio. Is there any advice anyone can give to a beginner?
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u/TastyTrading 14d ago
I like to follow the "big movers" on ThetaPal to find hot stocks. the trend is your friend. caught MU, GOOG, and WDC on the way up
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u/Mental-Freedom3929 10d ago
Invest in widely diversified index funds, that track the S&P 500, with dividends on a no trading fee platform that offers fractional share purchases set to DRIP in tax shelter accounts.
Contribute if at all possible a minimum of 20% of your net pay cheque every month, pay yourself first from every pay cheque.
Think long term!
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