Financial Advisors vs Solo Investing

New / Consultant
WxDs70

New Consultant

BIO
I'm a marketing specialist that focuses on guiding traffic to Amazon to increase sales.
WxDs70
Mar 9, 2020 13 Comments

I'm getting started into stock market, I'm 18 and have over 50k saved up. I'm curious on what your thoughts are on starting with a final advisor, is it smart or a waste of time?

I was planning on investing the businesses I use all the time. I'm going to be patient and wait for the coronavirus gets worse.
Stock plan: FB, ADOBE, S&P, NVDA, MSFT, DOW, SBUX, DISNEY, GOOGLE and some mutual funds.

Marketing Consultant
TC:110K
(worked free for 4 years for this job)
#investments #stock #assets

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TOP 13 Comments
  • New / Eng
    Psynaptic

    New Eng

    PRE
    Neuralink
    BIO
    Working on Brain Machine Interfaces
    Psynaptic
    According to this post, your employer is guilty of using child labor.
    Mar 9, 2020 1
    • New / Consultant
      WxDs70

      New Consultant

      BIO
      I'm a marketing specialist that focuses on guiding traffic to Amazon to increase sales.
      WxDs70
      OP
      Lol I had a lot to learn with internships before I could get paid. Now I help multi million dollar companies with their marketing!
      Mar 10, 2020
  • Financial advisors don't always have your best interest in mind. Learn how to invest and not to panic.
    Mar 9, 2020 1
    • New / Consultant
      WxDs70

      New Consultant

      BIO
      I'm a marketing specialist that focuses on guiding traffic to Amazon to increase sales.
      WxDs70
      OP
      Hmm will do, I just want make I am being as smart with my money as I can. I have already put more than 200 hours of research into my investing companies since this will be a 10 to 30 plan for me.
      Mar 9, 2020
  • Congrats, love seeing this! Swap mutual funds with voo and prepare to become a multimillionaire.
    Mar 9, 2020 4
    • New / Consultant
      WxDs70

      New Consultant

      BIO
      I'm a marketing specialist that focuses on guiding traffic to Amazon to increase sales.
      WxDs70
      OP
      Would it not make sense to invest in each one individually and see which ones are gaining the most momentum?
      Mar 9, 2020
    • Nope, no such thing as momentum
      Mar 10, 2020
  • Listen to me and read this carefully. YOU DO NOT NEED A FINANCIAL ADVISOR. CERTAINLY NOT AT 50K.

    Google this: Bogleheads Getting Started wiki.

    THAT'S ALL YOU NEED
    Mar 10, 2020 1
    • New / Consultant
      WxDs70

      New Consultant

      BIO
      I'm a marketing specialist that focuses on guiding traffic to Amazon to increase sales.
      WxDs70
      OP
      Wow I have been reading this like crazy, thank you for this site!!!
      Mar 11, 2020
  • Apple
    Moscow7

    Go to company page Apple

    Moscow7
    You are 18 and have 50k in savings πŸ‘
    Mar 9, 2020 1
    • New / Consultant
      WxDs70

      New Consultant

      BIO
      I'm a marketing specialist that focuses on guiding traffic to Amazon to increase sales.
      WxDs70
      OP
      Thank you I'm a penny pincher and want to make the most with my money.
      Mar 9, 2020