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18, Canadian, looking to start investing. Advice?
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CanadianDouble15 is age 18
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Hey guys. As the title says, I'm currently 18 and I've been researching investing as well as financial advice for the past month or so. I've opened up a high interest savings account, I can pay off college in full with my current money, I can afford my monthly car payment, and I've just got my first credit card last month and have currently used roughly 30% of it, fully paid off, with no plans to use it anymore within the month of June. As it stands, I don't have a single cent spent in any stocks of any kind. I've been following Tesla since I was 13 and I've grown to understand and appreciate how far the tech has come in such a short amount of time. I truly believe in the company and their mission. I'm interested in investing in stock in order to help myself financially within the next 5-10 years when I'm house searching and looking to help pay for a Cybertruck. Is investing in TSLA the way to go? Should I invest in another company that's more safe for a first time investor? Any help and advice would be much appreciated. Thanks! Stay safe out there!

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4 years ago