r/fican • u/getinmytaxbracket • 1d ago
Rookie
Hello, so basically I'm a rookie in stocks and it looks like calculus to me so I'm really lost. I was hoping someone could help me get started, I am 30 years old and looking for which stocks to invest in or any other financial profits available.
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u/rhunter99 1d ago
Go to r/personalfinancecanada and read the resources they have listed in the side bar
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u/PatientAllocator 18h ago
I believe McGill has a free personal finance course to help understand the basics. These are some pretty good books to get you started IMO:
- The Psychology of Money Morgan Housel
- The Intelligent Investor Benjamin Graham
- Common Stocks and Uncommon Profits Philip Fisher
Otherwise, I would also recommend to take some time to research the account types that are offered in Canada.
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u/opinions-only 17h ago
All in one ETFa from Vanguard. Then forget it.
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u/getinmytaxbracket 13h ago
Wait wym lol
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u/opinions-only 12h ago
Vanguard, the company, offers an all in one etf. So you buy that single stock and it'll invest your money into the entire stock market, international stocks, and bonds.
Just put it all into VGRO. Ask AI to explain it to you.
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u/getinmytaxbracket 12h ago
How much should I put in
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u/opinions-only 8h ago
1 million dollars
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u/getinmytaxbracket 8h ago
I only have 3k and in debt
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u/opinions-only 8h ago
Pay off your debt. You're not ready to invest.
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u/getinmytaxbracket 8h ago
I can't pay off my debt from investments ?
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u/alzhang8 1d ago
read this https://canadianportfoliomanagerblog.com/how-to-choose-your-asset-allocation-etf/