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re: Stock choices for high school grad
Posted on 5/17/22 at 4:49 pm to threeputt
Posted on 5/17/22 at 4:49 pm to threeputt
No individual stock picks from me, but what they are interested in vs sound investments - may be two different things.
If in the same position, I would select a few stocks the grad "likes" along with an index funds that mimics that segment. Also, a total stock market fund.
This way, you expose this young person to various investment angles without selecting singular stocks. A steady widespread approach by an 18 year old will show growth potential. You may wet their appetite and they may put the time in necessary to select individual stocks.(not financial advice, just message board fodder)
If in the same position, I would select a few stocks the grad "likes" along with an index funds that mimics that segment. Also, a total stock market fund.
This way, you expose this young person to various investment angles without selecting singular stocks. A steady widespread approach by an 18 year old will show growth potential. You may wet their appetite and they may put the time in necessary to select individual stocks.(not financial advice, just message board fodder)
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