How to invest: Investing in stocks, index funds, mutual funds, ETFs (Vanguard vs. Fidelity)
n this video, we're going to talk about how to actually invest. We'll discuss how to invest, specifically investing in stocks, index funds, mutual funds, and ETFs. You've probably heard these terms thrown around before, but do you actually know what they mean? Do you know the differences between them? Do you know the advantages of each? Stop losing money investing in the stock market and learn how to do it safely and sustainably!
Don't let the fear of choosing the perfect stocks stop you from investing. Index funds, mutual funds, and ETFs are some of the easiest ways to start investing in the stock market. Individual stocks may be glamorous, but may not be the best course of action for beginner investors. As a beginner investor, diversifying investments and understanding the process is key! Once you nail that down, you can start buying individual stocks.
Another common question I get is which brokerage to get started with. Vanguard vs. Fidelity is an age-old question, and I have a definitive answer. I discuss at length through examples of why one is better than the other for beginner investors.
If you haven't watched the other parts yet, links here:
Part 1: How to budget for investing - • How to invest: Budgeting expenses, savings...
Part 2: All about investment accounts - • How to invest: Understanding different typ...
Part 3: You are here!
If you haven't already, please like and consider subscribing if this was helpful for you! :)
Links:
Follow me on Instagram: / investingwithkim
Webull: Two free stocks with $100 deposit https://act.webull.com/pt/1RNuS9UPKdW...
Robinhood: One free stock for signing up https://join.robinhood.com/kimberl1
People/books mentioned:
My friend Funancialism: / funancialism
One Rental at a Time by Michael Zuber: / onerentalatatime
https://www.amazon.com/One-Rental-Tim...
Investing in Rental Properties for Beginners by Lisa Phillips: / affordablerei
https://www.amazon.com/Investing-Rent...
Timestamps:
0:00 Intro
0:48 What is investing?
1:19 Stock market
2:38 Index funds
5:18 Actively-managed mutual funds
6:31 ETFs
7:18 Vanguard vs. Fidelity
8:22 Take action
9:18 Keep investing! DRIP
9:46 End