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| What age did you start investing in shares? |
| Before 25 |
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100% |
[ 1 ] |
| 25-34 |
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0% |
[ 0 ] |
| 35-44 |
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0% |
[ 0 ] |
| 45-54 |
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0% |
[ 0 ] |
| 55 or older |
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0% |
[ 0 ] |
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| Total Votes : 1 |
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altyfc
Joined: 29 Dec 2004
Posts: 1232
Location: Aardvarkland
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 Posted: Tue Apr 22, 2008 1:25 pm Post subject: Those of you that invest in shares... |
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Those of you that invest in shares... at what age did you start?
I'm just curious to know. I didn't start until around a year or two ago, so I think I'd have been around 35. I'm guessing most (but by no means all) only start seriously dabbling in their thirties and beyond.
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Wolverine
Joined: 06 Apr 2008
Posts: 36
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| Posted: Fri May 02, 2008 1:01 pm Post subject: |
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I started right out of college. My parents sucked at money so I got right to reading and investing. I was around 21. Not shares of individual stocks though. Shares of mutual funds.
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altyfc
Joined: 29 Dec 2004
Posts: 1232
Location: Aardvarkland
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| Posted: Tue May 06, 2008 9:23 am Post subject: |
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Is this something you were taught at college at all, or did you just teach yourself?
And am I correct in thinking that in the US and Canada, it's much more commonplace for people to invest in stocks than it is in the UK. Most of my peers here don't.
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Wolverine
Joined: 06 Apr 2008
Posts: 36
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| Posted: Tue May 06, 2008 4:33 pm Post subject: |
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| altyfc wrote: |
| Is this something you were taught at college at all, or did you just teach yourself? |
No, not taught anything about money in school. Self-taught. Read my ass off as I started doing. I am naturally a long-term builder type so the sound principles of long-term investing and investing in general was natural to me. I was also very motivated, like I said, fearful as hell I would operate and be anything like my parents. I wanted strength, options, and freedom. It started with equity mutual funds since I was so young and equities were appropriate. Before I knew it, was diversified and looking at tangibles, like real estate and bullion. I took the best of all the lessons I could find and worked to apply them. An example would be automatic monthly action to treat investing like a bill - pay yourself first kind of thing. Keep costs low - I got off on finding ways to get the exposure I wanted for less fees. I wound up doing everyone's 401Ks around me and now I manage some of their income portfolios as a "hobby." I was one of the people screaming about indexes long ago. It felt like it took forever for 401Ks to get them - and still, today, options are loaded with unnecessary fees for many contributors.
| altyfc wrote: |
| And am I correct in thinking that in the US and Canada, it's much more commonplace for people to invest in stocks than it is in the UK. Most of my peers here don't. |
I would say it is pretty common here.
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MikeH
Joined: 17 Feb 2005
Posts: 112
Location: UK
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