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Stock choices for high school grad
Posted on 5/17/22 at 4:37 pm
Posted on 5/17/22 at 4:37 pm
I’m looking to buy some sticks for a recent grad. Would like some companies that me be of interest to a 18 year old. Trying to start him out with a good start and will match whatever he puts on over college years. Any ideas from the gurus on particular stocks
Posted on 5/17/22 at 4:48 pm to threeputt
MJ and KO
give him whatever high school grad really wants
give him whatever high school grad really wants
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)
Posted on 5/17/22 at 5:20 pm to threeputt
if youre thinking individual stocks see what fields he is interested in majoring. so he may be more likely to follow it ad see new developments in that field all while learning foundational concepts. I would encourage limiting to 1-2 specific stocks in the same field so he can see how competition or different aspects of either company play out. but id still put the majority in an index or something broad market so he doesnt get too lucky/unlucky in his first stocks and develop bad habits due to beginners luck or get discouraged by poor luck.
engineer/science - TSLA would be cool if he likes elon musk related stuff and would be great to follow growth stocks.
if hes studying biology a pharma company maybe cool and he could learn about clinical trials while learning foundational sciences.
finance/econ - blackrock or bershire hathaway or some banks.
if hes a cool kid stoner some weed stocks would enable successful future degeneracy.
gamer kid - see what company makes his favorite games or more successful games.
engineer/science - TSLA would be cool if he likes elon musk related stuff and would be great to follow growth stocks.
if hes studying biology a pharma company maybe cool and he could learn about clinical trials while learning foundational sciences.
finance/econ - blackrock or bershire hathaway or some banks.
if hes a cool kid stoner some weed stocks would enable successful future degeneracy.
gamer kid - see what company makes his favorite games or more successful games.
This post was edited on 5/17/22 at 5:22 pm
Posted on 5/17/22 at 5:33 pm to AMS
Just buy him VT. It's a bet on his generation changing the world and increasing productivity with technology, which is a very good long-term bet, and it'll teach him that in the long, long run there's no way to know what specific businesses will survive and thrive. Plus he can set it and forget it and focus on what's important at this stage in his life.
This post was edited on 5/17/22 at 5:34 pm
Posted on 5/17/22 at 8:29 pm to Diseasefreeforall
Why not just buy the SPY. It's talked about daily. The returns or what everyone bases their performance by. Low fees. It's the standard
Posted on 5/17/22 at 9:38 pm to threeputt
Why not pick some sector funds in areas that interest him? That way you avoid trying to pick a single winning horse. OK, maybe a small portion in an individual equity or two. But DO NOT encourage him to bring his emotions into investing.
Posted on 5/17/22 at 9:57 pm to threeputt
Put him in the Vanguard total stock market index.
Posted on 5/17/22 at 11:00 pm to threeputt
Buy an index ETF not individual stocks. Teach them the lesson that most of us aren't going to outperform the market by picking stocks.
This post was edited on 5/18/22 at 5:41 am
Posted on 5/18/22 at 8:15 am to threeputt
quote:
Trying to start him out with a good start
Low cost index funds. Teach him to invest in the market as a whole vs trying to beat it with the latest "stock pick". He has years and years ahead of him and this approach is proven to be the most reliable way to grow a portfolio in the market.
Posted on 5/18/22 at 4:53 pm to threeputt
I'd split it up.
-1/2 S&P 500 Index or a Total Stock Market Index
-1/2 in some "cool" individual stocks - basically, some strong companies that an 18-year-old will know and will keep an eye one (Apple, Nike, Alphabet, Disney)
Let him/her see how they do over the years compared to the index fund.
Could be a good teaching moment.
ETA: The "teaching moment" discussed above is in support of this
-1/2 S&P 500 Index or a Total Stock Market Index
-1/2 in some "cool" individual stocks - basically, some strong companies that an 18-year-old will know and will keep an eye one (Apple, Nike, Alphabet, Disney)
Let him/her see how they do over the years compared to the index fund.
Could be a good teaching moment.
ETA: The "teaching moment" discussed above is in support of this
quote:
Low cost index funds. Teach him to invest in the market as a whole vs trying to beat it with the latest "stock pick". He has years and years ahead of him and this approach is proven to be the most reliable way to grow a portfolio in the market.
This post was edited on 5/18/22 at 4:55 pm
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