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Take an accounting class. Peter Lynch has some good books. Try to figure out a niche that feels good for you. There's lots of different ways to go about it. Get a library card and if your library is on the Dewey Decimal System hang out in the 320 or so section.


Higher education, whether it’s college or a trade is a good start, and investing in yourself is always a good move. You’re young so you can take on more risk than someone older as far as investing money goes, I would suggest at least learning about crypto, and decide if it interests you. It’s volatile, and that can be either a good thing or a bad thing. Higher risk, higher reward, but it can go the opposite way as well. There’s endless avenues online to learn about the stock market, crypto market, real estate etc, so start learning! I wish I would have taken more of an interest in finance at your age. Good on you!


I quite enjoy graham stephan on YouTube. He’s videos are a nice mix of traditional and real estate investing, but the man is a millennial who knows his audience is other millennials and gen x’ers. Able to find his content informative and entertaining


Join r/Bogleheads and take advantage of all the great resources including book lists. Start with The Simple Path to Wealth by JL Collins.


Ben Felix has a channel Common Sense Investing where he covers a lot of topics in short videos: https://www.youtube.com/channel/UCDXTQ8nWmx\_EhZ2v-kp7QxA


"Winning the Losers Game" by Charles Ellis, and "Machine Learning for Algorithmic Trading" by Stefan Jansen. One tells you not to be an idiot with very good reasons. The other tells you how to be an algorithm driven idiot if you choose to do so. Also, read everything on investopedia on fundamental analysis. Also, read everything you can get your hands on in general. Then don't trusty any of it (blindly any way).


Read A Random Walk Down Wall Street. Easy read and gives amazing perspective on markets and human psychology.


All You Really Need: "The Little Book of Common Sense Investing" \~ John ("Jack") Bogle "The Boglehead's Guide To Investing" \~ Mel Lindauer, Taylor Larimore, Michael LeBoeuf If you want to invest in individual stocks: "The Intelligent Investor" \~ Benjamin Graham "One Up On Wall Street" \~ Peter Lynch "Beating the Street" \~ Peter Lynch Every Berkshire meeting on youtube (I think there's 25-26 of them since 94) + all Berkshire 10K's.


You’ll probably be in education for a while yet so look for jobs you can do on a weekend, or offer services door to door like lawn mowing or car washing or window cleaning. When you have money, invest it in the S&P500, with your time horizon of 40 years it will in theory grow massive with the passage of time. Have passion projects that have prospects of one day becoming profitable - I for example have a YouTube channel which today hit 300 subscribers. If I get to 1,000 I can monetise with advertisement revenue. If you start on this early you can have it well established by your early 20s and be in a great position. In addition to investments and a weekend job this could be a source of income too.


You can make some serious money with car washing and window cleaning. Lawn mowing is pretty solid too but there's a ton of competition there. People pay extra to have you come on the weekend. Window cleaning is probably the easiest to go after since your capital expense pretty much just amounts to a couple ladders and a vehicle that can transport them.


From personal experience, I’d recommend saving for stuff you want to purchase as well. As an 18 year old I tried to save every penny to invest. I avoided going out with friends and spending money on things out of the budget to save up. I came from a less well off family, so these things were always on my mind. Needless to say, missed out on some experiences. Don’t forgot to spend on you!


Hey, It's excellent that you are looking at these kind of things early and are open to learning and self-improvement. Some of my biggest tips are: 1) Focus on your education and career path; you want to develop a stable career path with growth prospects as this will be your primary source of income at a young age; it's especially important to have something to fall back on in case your investments / businesses go sour. **Your career path and education is your biggest investment at this stage in your life.** Cold Hard Truth: On Business, Money & Life by Kevin O Leary are two books by egocentric authors which were not the best reads and read at points, but hold important concepts about the value of money and financial independence. 3) I would recommend reading **A Random Walk Down Wall Street by Burton Malkiel** and **The Little Book of Common Sense Investing by John C. Bogle**; two very interesting reads that will help you learn about financial markets and investing that will help you avoid common investing mistakes and generate strong returns. 4) Try to be frugal and learn to cut back on expenses. The guy who makes $40k a year and spends $30k will be further ahead than the guy who makes $200k a year and spends $200k. 5) Only invest as much as you can afford to lose. 6) Always be open to learning from your mistakes. There's a lot of human emotions and biases present in all of us when we invest. There are many sources on this, but you can try reading this for starters; learn to recognize and overcome your biases which will come through practice and experience: [https://www.magellangroup.com.au/insights/10-cognitive-biases-that-can-lead-to-investment-mistakes/](https://www.magellangroup.com.au/insights/10-cognitive-biases-that-can-lead-to-investment-mistakes/) Go out there and have fun though. You can read all the resources, but many of the most important lessons will only be drilled in through practice and experience. Good luck! :)


First piece of advice: It's "some advice". Alternatively, "some pieces of advice" if you feel the need for a more visible plural.


Set up a Roth IRA with Vanguard and invest as much as you can in vtsax. Get a job build your skills and earning power.


• ⁠Millionaire teacher. • ⁠The little book on common sense investing. • ⁠The four pillars of investing. • ⁠Stocks for the long run. • ⁠A random walk down wall street. • ⁠The investor’s manifesto. • ⁠Layered money (crypto focus) • ⁠Richer, Wiser, Happier. • ⁠How to think like a roman emperor (stoicism is a great philosophy to apply to investing). The first three books are a must-read. Read them in that order and you will know more than 90% of financial advisors.


At 18, higher education or/and mastering a trade is your biggest asset


It’s more a fact then an advice but YOLO


Learn about Warran Buffet and Peter Lynch bio or what they did. They will teach about what to look for what they invested in. As others you need to take AP statistics, finance or related courses. They become obvious to you later. Good luck.


Learn how to use compounding to your advantage as time is on your side at that age. Find solid dividend paying stocks and set them up for DRIP. Fire and forget. Don't underestimate the utility of VBAL, VGRO, etc. Learn to invest in yourself. Build up valuable hard skills. Heck, build up other skills that make you a more well rounded individual (ie. photography, guitar, art, cooking). Be forgiving to yourself. At that age, I made more mistakes that I can count. The good thing is that you generally don't have a lot of money to lose at that age so you can afford to learn the hard way. Just remember the lessons from each mistake and keep growing. Zig when others zag. This one's a personal mantra of mine and probably one of the hardest to follow. When market is crashing, headlines are flashing DOW PLUMMETS 800 points, it's time to roll up your sleeves and wade into the bloody froth. When people are posting their lime green Lambos from their "easy trades" on IG, it's time to review your portfolio and start trimming positions. Good luck!


I found the website bankeronwheels to be a good starting point to learn about financial freedom. I wish I knew about the topic earlier.


Saifedean Ammous


Invest 10-20% of your income forever in whatever you think will be big. Sell in 15-20 years. If somebody told me this and I actually did it. Honestly


Into a diversified index fund is a far better decision


What are you interrested in ? You seem interrested in economics and business in general. You could probably find at least a 3 year degree business managment that would teach you the basics of accounting, marketing and general management. if you are interrested in the economy etc, it sounds stupid but read the economic press. You won't understand anything for the first 3 months but then you'll pick up trends, you'll see paterns and you'll have a general idea of what's going on, which sectors are growing, names of companies to apply to for a job later on eventually... If you are interrested in investing but have little knowledge about it, I would try to save money every week. Depending on if you have a bit of cash, I would buy as soon as possible shares into an ETF like the SPY (S&P500). It's diversified enough to be low risks. The erlier you invest, the bigger the componding interrest will grow. I started investing at 34 because my parents didn't know anything about the stock market and prefered to keep cash on a low interest bank account : big mistake ! Don't try to chase the next big company like TESLA to invest in for the moment. Read the press, see what's happening, try to understand, invest in ETFs early. Sonds stupid but be reasonable about your expenses... i know it is cool to have the latest iphone but maybe you don't need the most expensive shit on the market, you could buy somethign reasonable and invest the money savec into the financial market. Get as many summer jobs as possible ! Contact recruiting agencies in advance and tell them that you are looking for the best paying job possible for a student, whatever it is ! I worked on the production line at Audi during a summer, it was a difficult job with shit hours but i earned in a month 3 times more than some friends who did "archive" jobs in offices. In general, you can watch the graham stefen show on youtube. He usually has simple advices & common sense. tl;dr : read the financial press, invest early, find a student job, be reasonable in your spending... avoid drugs and alcohol.


I actually thought *I Will Teach You to Be Rich*, by Ramit Sethi was a great introductory look at how to approach managing money. I mean, if you overlook the title, it's a really great foundation. I think it's smart to start with something like that that lets you know where to start. Everyone I know who read that actually *started* *investing* for the first time ever. It's super simple, I mean it basically amounts to opening an account and putting money in a Vanguard target date fund, but that is a really great place to start. After you get that foundation of how to think about it, and know how to start, then you can dig in on learning all of the details about how to tinker with it.


Books: “Atomic Habits - James Clear” I listened to the audio book of this and it gave me a better perspective of how to manage my time and notice certain habits /traits that I was doing in my daily life that were counterproductive and some that I didnt even realize I was doing on a daily basis. I am now 22 and Seeing that you are about to turn 18 with this mindset is already putting you a few steps ahead of others your age. and one thing that I can tell you is that you have time on your side. The older you get, the less time/opportunities you will have to make your visions/goals become a reality. Another tip is to really internalize your thoughts on where you want to be/ what you want to be doing in 5 to 10 years. Then, ask yourself, “what will I have to do to put myself in that position”. And lastly, the biggest thing I wished I had done since I started making my own money was saving some. Invest in yourself, and write out some type of savings plan that works in your budget, (even if it’s only $20 a month that you put into a separate place where the goal is that you don’t touch it at all). “Money saved is money well spent”- Lil Uzi Vert And thats my two cents✌🏻 hopefully you (or anyone else reading) gained something from that. Basically


read stuff that was recommended to you here and also invest, if you have some spare money there, even tho it's little, put it on crypto/stocks and follow it's progression, you'll not be a millionare but definitely will learn thru mistake and get and idea of how market works


I read “personal finance for dummies” cover to cover right after college, it was a great start honestly, just continue to google things after that


On top of all the excellent advice given here, I'd recommend throwing a hundred bucks (or whatever you can realistically afford to loose) into the S&P500 or a similar index fund, and just see how it goes. It will give you some first hand experience of the ups/downs and long term trends you can expect from investing in funds, and it will give you a level of confidence so if/when you start to invest in funds later in life it wont be completely foreign. Good on you for taking the initiative to start early - I wish I had!


The Automatic Millionaire by David Bach. It actually works.


You got to make a living, but now that I've retired from a fast-paced sales, public speaking, weekly travel career, I feel differently. I like to spend time with toddlers or working in a greenhouse. I wish I'd worked in a shop doing woodworking or a factory assembling things. You will hear, find something you are passionate about. Nobody knows what that is when they're in college. Read "Online Trading for Dummies" and "Financial Peace" even though Dave Ramsey turned into a douche. Live beneath your means. Aspire to zero debt. Spend your days doing something that you look forward to and also can be put aside so it doesn't stress you out on the weekends. Life shouldn't be about accumulating. Good Luck!


Welcome to the casino! DCA and hold.


18?! Start investing and saving all your money immediately , i started saving and investing at 20 and I wish I would have started the day I left the womb. The more time in the market the more money you can make and retire early so you don’t have to wait until you’re a pile of bones with lower back problems


Dollar Cost Averaging. That is all you need to know. I wish someone had told me this when I turned 18.


Start with Charles Schwab. They have an incredible platform and offer great 24/7 support and even have reps that will get on the phone and spitball investment ideas with you. The StreetSmart Edge platform is as good or better than TD Ameritrade too. Read Atomic Habits- James Clear, Think and Grow Rich- Napolean Hill, and Rich Dad Poor Dad- Robert Kiyosaki. I like watching Live Traders, Humbled Trader, and tastytrade on YouTube for education. You're going to learn the most by diving right in though. Open a paper trading account and dive in. Take some paper loses and get to know the market. Experience will teach you better than anything else.


Not sure if it was mentioned already but Rich Dad, Poor Dad is a good introduction to money management/investing/making money work for you. Opened my eyes and changed the way I view money


I’ve read a lot of books I’m 17 any book with the author tony Robinson is good , I will teach you to be rich , the intelligent investor , rich dad poor dad , think and grow rich , you can also YouTube a vids on finance lots of good ppl on there for example graham Stephan , tommy bryson


You can contribute to a Roth IRA as long as you have (enough) earned income. Contribute to a Roth IRA in a broad index fund like the Vanguard VTI or even VOO (follows S&P). If you max out your Roth IRA co tribute on for the year then you can contribute to a brokerage account if you want to invest more.


Don't do drugs. Buy land and live off the grid


“How you can profit from the coming devaluation” by Harry Browne. It’s from the 70s, but will teach you how the economy and investing works How You Can Profit From The Coming Devaluation https://www.amazon.com/dp/0985253908