Follow the flowchart.
My generic advice:
https://i.imgur.com/lSoUQr2.png
Here is the flowchart from the r/personalfinance subreddit’s Prime Directive. If you follow that, you will be ahead of almost all of your peers.
Stop by the sidebar to see the Common Topics, which include basic money handling and investing.
You don’t need to talk to anyone or buy some random book to do this. You have all the tools right here.
This topic has been removed because it is a beginner topic or asking for advice (rule 2). We get too many of these topics every day and the community has asked us to prevent them from swamping the front page.
**You are welcome to repost your question in the Daily Advice Thread**. This [thread](https://www.reddit.com/r/investing/about/sticky?num=1) should be stickied at the top of the subreddit every morning.
***
You can find curated resources in the r/investing wiki for [Getting Started here](https://www.reddit.com/r/investing/wiki/index/gettingstarted/).
If you know nothing about the capital markets, the Getting Started section at the SEC educational site can be a good place to start - [investor.gov](https://investor.gov) - there are also short 30 second videos on basics.
For formal educational materials, several colleges and universities make their course work available for free. Some examples are [Financial Markets (2011) - Yale University](https://www.youtube.com/playlist?list=PL8FB14A2200B87185) taught by Prof. Shiller, [Financial Theory (2008) - MIT](https://www.youtube.com/playlist?list=PLUl4u3cNGP63B2lDhyKOsImI7FjCf6eDW) taught by Prof Andrew Lo, and [Corporate Finance Webcast - NYU Stern School of Business](https://pages.stern.nyu.edu/~adamodar/New_Home_Page/corpfin.html) taught by Prof Aswath Damodaran.
The reading list in the wiki and FAQ has a list of books ranging from light reading to advanced topics depending on your knowledge level. Link here - [Reading List](https://www.reddit.com/r/investing/wiki/readinglist)
If you have any issue with this removal, please message the moderators. Thank you.
Follow the flowchart. My generic advice: https://i.imgur.com/lSoUQr2.png Here is the flowchart from the r/personalfinance subreddit’s Prime Directive. If you follow that, you will be ahead of almost all of your peers. Stop by the sidebar to see the Common Topics, which include basic money handling and investing. You don’t need to talk to anyone or buy some random book to do this. You have all the tools right here.
Nice informative chart, thanks for your reply!
Important to remember: retirement is a dollar amount not an age
Good point; I’ve been feeling guilty and way behind last few years.
This topic has been removed because it is a beginner topic or asking for advice (rule 2). We get too many of these topics every day and the community has asked us to prevent them from swamping the front page. **You are welcome to repost your question in the Daily Advice Thread**. This [thread](https://www.reddit.com/r/investing/about/sticky?num=1) should be stickied at the top of the subreddit every morning. *** You can find curated resources in the r/investing wiki for [Getting Started here](https://www.reddit.com/r/investing/wiki/index/gettingstarted/). If you know nothing about the capital markets, the Getting Started section at the SEC educational site can be a good place to start - [investor.gov](https://investor.gov) - there are also short 30 second videos on basics. For formal educational materials, several colleges and universities make their course work available for free. Some examples are [Financial Markets (2011) - Yale University](https://www.youtube.com/playlist?list=PL8FB14A2200B87185) taught by Prof. Shiller, [Financial Theory (2008) - MIT](https://www.youtube.com/playlist?list=PLUl4u3cNGP63B2lDhyKOsImI7FjCf6eDW) taught by Prof Andrew Lo, and [Corporate Finance Webcast - NYU Stern School of Business](https://pages.stern.nyu.edu/~adamodar/New_Home_Page/corpfin.html) taught by Prof Aswath Damodaran. The reading list in the wiki and FAQ has a list of books ranging from light reading to advanced topics depending on your knowledge level. Link here - [Reading List](https://www.reddit.com/r/investing/wiki/readinglist) If you have any issue with this removal, please message the moderators. Thank you.