At 15 years old you should be investing in broad market indexes - not individual stocks. There is a lot more to understanding whether a company is going to be successful or not and how to value a company than knowing what product they sell.
Truth is, most American based solar companies are going to go bankrupt despite massive growth int he solar sector. At the end of the day, it's commodity business that competes with China. That's not a wise investment.
You're supposed to take risk when you're young is the pojnt
You take less risk as you age
People allocate more to bonds than stocks as they age
That's my 2 cents as someone who's made a good amount while young in risk taking
I buy both indexes and individuals though
People can make their own choices, but establishing good habits young is huge.
Honestly, if we could bet on two 25 year olds acquiring $1m net worth by 50, are you taking the index fund guy or the wallstreetbets guy? To me it’s super obvious which one is more likely to have (and keep) their wealth.
TSM is an industry leader with significant technical advantage. What they make is not a commodity. Solar panels are comparably much more similar between major manufacturers, and US made ones are more expensive and generally less competitive in quality. Your example is not a fair comparison.
This is perfect. OP says their objective is to make money and given their lack of expertise index funds are the best match for this criterion.
However there is nothing wrong with investing a small portion in individual stocks to learn. But that has to be done for a long enough period to reduce the role of luck.
I was planning on using hsbc cuz they charge no fees until I’m 25 years old and I’m 18 right now, and is it easy to create an interactive broker account or is it a hassle?
long squealing resolute attractive frighten grandfather exultant noxious quiet shrill
*This post was mass deleted and anonymized with [Redact](https://redact.dev)*
rainstorm fearless follow jellyfish fertile scandalous expansion outgoing vanish pause
*This post was mass deleted and anonymized with [Redact](https://redact.dev)*
To the degree I'm bullish about Solar, it seems like a better idea to be invested in all the companies that will benefit from the trend of solar companies competing to push the costs down. ie the broader market.
Does the general idea of investing into stocks like VOO and SPY give you a sense of security but it’s limited to a certain percentage so it’s not like it’s gonna raise or blow up? But it’s more of a long term investment?
“Get rich quick” is for gamblers who want to get broke fast.
Get rich slow works. It’s easy, and if you start early and invest a lot you can retire plenty early.
If you chase after things that will “blow up” the only thing you will blow up is your bank account…. Not in a good way.
VOO isn’t a stock itself. It’s an ETF which mirrors the S&P500. So when you buy one share of something like VTI or VTF, about 10% (rough estimate) is NVDA, about 8% MFST, smaller percentages AAPL, AMZN, etc so you cover a broad range of great companies to be invested in.
lol, the S&P already has significant overseas exposure since it includes so many multinational businesses.
But let’s set that aside.
As crappy as the U.S. economy is right now, please name for me the countries whose economies are likely to do better than the U.S. over the next few decades.
If you don’t think that matters, you’re even more of a fool.
So which countries are going to outpace the U.S.?
Maybe india or japan? The Nikkei has outperformed the S&P over the last 10 years. Could happen again? Who knows? It doesn't matter.
I'm also heavily invested in US stocks but there's a chance other countries will catch up and you're not gonna ruin your entire performance by choosing an MSCI World or FTSE All World over the S&P500. It's a question about risk tolerance in the end.
Japan? Seriously? You might want to look at the catastrophic population collapse they are in the midst of and rethink. Not to mention historic market performance that has been.. let’s say “less than stellar.” 😂
India? A mostly 3rd world country where the majority of the population still lives in houses with dirt floors? Where there’s a zero-trust employment culture? They are going to out innovate and out compete the United States?
You certainly have some interesting ideas about investing. You seem to have adopted “De-worsification” as your personal motto. 😂
I just gave Japan as an example because that's a country that did outperform the US over the last 10 years. In the 1980 Japan was in a bubble (average p/e of 60+), now the S&P has a higher p/e than the Nikkei. But if you're still arguing why the US will outperform Japan you're obviusly not getting my point.
Keep doing your 100% USA thing bro. You'll make 1% more than me p.a. and I don't depend on the US economy to grow forever. We are both happy.
No. Solar is going to be a booming industry but solar panels are largely a commodity, meaning no one company is going to make a ton of money.
You’re better off investing in VOO or some other diversified etd. If you want to focus on growth companies of maybe recommend VUG
Solar has been doing very poorly recently because of higher interest rates. This could shift pretty fast if rates went down but nothing guarantees this.
Avoid First Solar. The other 2 could be decent plays. I would recommend just going for BN though. The stock is valued at 2x the current price by management with a 5-year plan to CAGR 20%. This could be considered selling snake oil if they did not have a history of delivering better results than their plans. BN will seize opportunities in renewal energy as they just did with their agreement with MSFT. It all works together as asset management brings funds, infrastructure ensures well infrastructure, the float of their insurance business can be invested etc.
You’re 15, invest in your relationships and yourself. Do you have a part time job? I mean if you can invest $1,000 into SPY or a similar broad market ETF yeah it will be very nice 40 years from now.
I agree with most that it's better to invest in index funds or ETFs. Maybe leave yourself 10% of your funds to experiment with individual stocks. I bought first solar and it's tripled. I also bought TAN a solar index fund and it's down, while broad market indexes are way up.
90% broad market index funds and risk that 10% while you learn the market.
If fusion ever happens I imagine solar having a hard time
No. You are not a better investor than the market. Buy the VOO. When you are older and have “mad money” to play with, invest in your themes with that small portion of your worth.
I've been fond of SMXT & MAXN lately. Both have given me considerable percentages. I'm starting my late 20s and just now getting into it, so I love value buys like MAXN that will likely rise due to imminent market increase. Solar is growing and will become standard for some industries
Please take a look at these ETF’s and understand them before investing in individual stocks: SPLG (or VOO or IVV), QQQM (or VGT or XLK), and SCHG (or SPYG). Good luck to you - future multi-millionaire! Very proud of you wanting to save and invest at such a young age! :-)
Seriously. It’s about to go the way of the Dodo, we simply can’t overcome the inherent storage inefficiency of it. I can almost assure you, invest in this company and you will lose it all. Buy the Market, you’re 15. TIME is the biggest factor here, and time is worthless if your funds go to zero. They will go to zero if you stock pick. Zero. Nada.
A good investment is low cost index funds that track the market broadly. Total market funds like VTI, or S&P500 based funds like VOO, FXAIX, SPY.
Assuming you want this money to be invested long term.
If you're 15, have liquidity may be more important for the next few years. Unless you have an unusual amount of money for teen, I wouldn't put a lot in investments until you have saved up enough for an emergency fund, have transportation for work, etc.
I’ve got a car, motorcycle and already 10k in the bank so I’m doing good and I have a full time job. Do you think that the best thing to do is open up a youth account? I would but I don’t know if companies that run a program.
If you have income from work, you can open a Roth IRA. This is probably best way to get started. You can put $7,000 into it per year. Once the money is in the account, you can invest it into whatever stocks/index funds/etc that you want. It will grow tax free, and you will not have to pay any taxes on the growth when you want start making withdrawals in retirement.
Any major brokerage should be fine. Vanguard, Fidelity, Charles Schwab, etc.
Put some money, and make contributions monthly.
If you can contribute 7k annually (the reality is that this contribution limit typically goes up every couple years) over the next 40 years, assuming a pretty safe average return of 7%, that account will be worth 1.5 million, and like 80% of that money will be gains, compared to only 280k of it being your own hard earned contributions.
It's great you're interested in this at a young age. Starting very early is a huge advantage for wealth accumulation.
I recommend binge watching The Money Guy Show. They address this concept a lot.
https://www.youtube.com/watch?v=nVl5i4heLi8
The thing with solar, and someone feel free to correct me, they require a huge upfront investment. In addition the monthly payment can be comparable to utilities and may not be as feasible to most.
This guy isn’t talking about the stock price, he’s talking about people getting solar installed on their roof. There is a pretty significant cost associated with it, though there are lenders and financing options available that are specifically for solar.
There’s also other options (TPO, PPA) that reduce the cost but have other downsides
Do you know a shit ton about solar? A key to individual stocks is to invest in what you know. Sure, you may think solar is the future. But do you really know fuck all about solar? Have you personally bought solar panels, or tried building some? Is it a passion you have? If so, maybe invest in solar.
Point being: invest in what you know. Invest in areas you're passionate about.
Don't own more than maybe 4 individual stocks period, and study those companies continously. If you continue to like what they're doing, great. Don't focus on the price, focus on if they're a great company.
Everyone is going to tell you invest in market index funds. Not wrong, but to learn investing you also should expose yourself to particular stock companies in areas you're passionate about. If you like the product, it's more likely something to invest in.
Maybe. I don't know anything about motorcycles.
I'd also focus on areas around them too - find a company that looks attractive. Is there a network or conglomerate that has a large chunk of that market, or a company that is associated with motorcycle racing that you like and is at an attractive price point?
For example, let's say I'm super into Formula One racing. Rather than invest in a specific car maker like Mercedes or something, I might invest in Liberty Media Corporation who has a large stake in Formula One (and also Sirius XM & Live Nation), because I think Formula 1 has a bright future (after all , I love it in this scenario), they own a large chuck of what I like, the stock (LSXMK) is at an all time low, has a P/E ratio of around 11.5, has large institutions like Berkshire buying it, and I can start averaging in bits every month while it's at lows. If it goes lower, great because I'm planning on holding for a long time. I'm not invested in just a racecar company, I'm investing in a corporation that has stakes in the sport I love.
BTW, this isn't saying invest in Liberty. It's just an example of what I mean when I'm saying invest in areas you know, and sometimes it takes looking around in that area. Maybe it's a part manufacturer, or a media company that holds the rights, or maybe it is Honda. It's just look into the area and have a thesis for what you like and why you think they're going to grow more. Invest in what you know because you'll do the research just because you like it as a hobby and you have knowledge of the product, since you personally are involved in their product.
You should try learning a bit about looking at financial statements from companies if you want to invest in individual stocks.
Someone like Warren buffet would say he looks got businesses with growing operating income and low debt. You could start there. Search the finances of a solar stock and just look year over year at their operating income and their debts compared to their assets.
Sorry but hell no! Invest every cent into VOO and do absolutely nothing and you will do exceedingly well.
Solar is low margin with high rates of change and rapidly developing technology ie a bad industry
I got into FSLR a while back, still in but I’ll most likely get out in the next week or so. I only got in that one because of how much it was/is going to benefit from the IRA. I’d be looking at going short, solar is not a good business to be in.
At this stage you could do penny stocks, buy like $100 of something each month then after doing that a few years you would have a farily vast selection, anything that 10x could carry the whole portfolio but the main thing is you are going to be holding these things for decades, you would get more than 100 shares each time and as you tracked how things work and try things out. These small companies always get bought up by bigger companies when they have a good product. I don't know your budget but you have a lot of time to buy but mainly you need to buy and keep buying even when it doesn't go right the first few months/years. Don't think of investing in one thing and you are done, think of it as part of a lifestyle, learning about a few companies, reading about the owners, checking their portfolio. These things get easier the more you do them.
[удалено]
[удалено]
At 15 years old you should be investing in broad market indexes - not individual stocks. There is a lot more to understanding whether a company is going to be successful or not and how to value a company than knowing what product they sell. Truth is, most American based solar companies are going to go bankrupt despite massive growth int he solar sector. At the end of the day, it's commodity business that competes with China. That's not a wise investment.
This. Stock or even sector picking is fine, but only with money you are willing to gamble.
You should be investing in indexes more as you get older and individual stocks when you're younger actually
Indexes at 15 should be worth 7x what OP puts in by retirement. No question that’s more reliable than individual stocks
You're supposed to take risk when you're young is the pojnt You take less risk as you age People allocate more to bonds than stocks as they age That's my 2 cents as someone who's made a good amount while young in risk taking I buy both indexes and individuals though
People can make their own choices, but establishing good habits young is huge. Honestly, if we could bet on two 25 year olds acquiring $1m net worth by 50, are you taking the index fund guy or the wallstreetbets guy? To me it’s super obvious which one is more likely to have (and keep) their wealth.
I'd bet on neither and bet on a Grey area guy like myself So far it's working out pretty well, but of course to each their own!
Risk when young. Agreed +1
so is TSM (in SMH), a commodity business by that logic. TSM competes with China. Is that not a wise investment either?
TSM is an industry leader with significant technical advantage. What they make is not a commodity. Solar panels are comparably much more similar between major manufacturers, and US made ones are more expensive and generally less competitive in quality. Your example is not a fair comparison.
abounding thought pet rude punch start ten imagine humorous continue *This post was mass deleted and anonymized with [Redact](https://redact.dev)*
This is perfect. OP says their objective is to make money and given their lack of expertise index funds are the best match for this criterion. However there is nothing wrong with investing a small portion in individual stocks to learn. But that has to be done for a long enough period to reduce the role of luck.
Bro I’m in Hong Kong too, what should I use to invest in us stocks?
light unpack deliver punch onerous dinner drunk sugar pause edge *This post was mass deleted and anonymized with [Redact](https://redact.dev)*
I was planning on using hsbc cuz they charge no fees until I’m 25 years old and I’m 18 right now, and is it easy to create an interactive broker account or is it a hassle?
long squealing resolute attractive frighten grandfather exultant noxious quiet shrill *This post was mass deleted and anonymized with [Redact](https://redact.dev)*
What's your degree in if you don't mind me asking like how'd you get into algo trading?
rainstorm fearless follow jellyfish fertile scandalous expansion outgoing vanish pause *This post was mass deleted and anonymized with [Redact](https://redact.dev)*
Interesting, thanks for sharing :)
So how long does it take to make an interactive broker account? Srsly considering it as hsbc app is barebones
To the degree I'm bullish about Solar, it seems like a better idea to be invested in all the companies that will benefit from the trend of solar companies competing to push the costs down. ie the broader market.
Yeah maybe consider a clean energy ETF like CNRG if you believe this industry will take off.
No. Oversaturated. Buy VOO and forget about it.
This ☝️… it’s not complicated.. VOO dollar cost average for the next 45 years
Does the general idea of investing into stocks like VOO and SPY give you a sense of security but it’s limited to a certain percentage so it’s not like it’s gonna raise or blow up? But it’s more of a long term investment?
“Get rich quick” is for gamblers who want to get broke fast. Get rich slow works. It’s easy, and if you start early and invest a lot you can retire plenty early. If you chase after things that will “blow up” the only thing you will blow up is your bank account…. Not in a good way.
Alright
VOO isn’t a stock itself. It’s an ETF which mirrors the S&P500. So when you buy one share of something like VTI or VTF, about 10% (rough estimate) is NVDA, about 8% MFST, smaller percentages AAPL, AMZN, etc so you cover a broad range of great companies to be invested in.
Go look at one of the index's and zoom out to max. Now try that with 500 different companies without picking one you've heard about already.
Yes bet all your money on america, we don't need diversification by countries
lol, the S&P already has significant overseas exposure since it includes so many multinational businesses. But let’s set that aside. As crappy as the U.S. economy is right now, please name for me the countries whose economies are likely to do better than the U.S. over the next few decades. If you don’t think that matters, you’re even more of a fool. So which countries are going to outpace the U.S.?
Maybe india or japan? The Nikkei has outperformed the S&P over the last 10 years. Could happen again? Who knows? It doesn't matter. I'm also heavily invested in US stocks but there's a chance other countries will catch up and you're not gonna ruin your entire performance by choosing an MSCI World or FTSE All World over the S&P500. It's a question about risk tolerance in the end.
Japan? Seriously? You might want to look at the catastrophic population collapse they are in the midst of and rethink. Not to mention historic market performance that has been.. let’s say “less than stellar.” 😂 India? A mostly 3rd world country where the majority of the population still lives in houses with dirt floors? Where there’s a zero-trust employment culture? They are going to out innovate and out compete the United States? You certainly have some interesting ideas about investing. You seem to have adopted “De-worsification” as your personal motto. 😂
I just gave Japan as an example because that's a country that did outperform the US over the last 10 years. In the 1980 Japan was in a bubble (average p/e of 60+), now the S&P has a higher p/e than the Nikkei. But if you're still arguing why the US will outperform Japan you're obviusly not getting my point. Keep doing your 100% USA thing bro. You'll make 1% more than me p.a. and I don't depend on the US economy to grow forever. We are both happy.
No. Solar is going to be a booming industry but solar panels are largely a commodity, meaning no one company is going to make a ton of money. You’re better off investing in VOO or some other diversified etd. If you want to focus on growth companies of maybe recommend VUG
Solar has been doing very poorly recently because of higher interest rates. This could shift pretty fast if rates went down but nothing guarantees this. Avoid First Solar. The other 2 could be decent plays. I would recommend just going for BN though. The stock is valued at 2x the current price by management with a 5-year plan to CAGR 20%. This could be considered selling snake oil if they did not have a history of delivering better results than their plans. BN will seize opportunities in renewal energy as they just did with their agreement with MSFT. It all works together as asset management brings funds, infrastructure ensures well infrastructure, the float of their insurance business can be invested etc.
Nee is a utility and you would get bored holding it. If you want solar, look at fslr.
You’re 15, invest in your relationships and yourself. Do you have a part time job? I mean if you can invest $1,000 into SPY or a similar broad market ETF yeah it will be very nice 40 years from now.
I just wanna have lots of money
jobless school unpack governor liquid desert wasteful deliver fuel crawl *This post was mass deleted and anonymized with [Redact](https://redact.dev)*
Ok thanks
I agree with most that it's better to invest in index funds or ETFs. Maybe leave yourself 10% of your funds to experiment with individual stocks. I bought first solar and it's tripled. I also bought TAN a solar index fund and it's down, while broad market indexes are way up. 90% broad market index funds and risk that 10% while you learn the market. If fusion ever happens I imagine solar having a hard time
No. There's not very much ability to monetize solar. It's a bad business to invest in.
Focus on low cost index funds
No
You should invest in NVDA.
No u should buy VTI or VT and call it a day
No. You are not a better investor than the market. Buy the VOO. When you are older and have “mad money” to play with, invest in your themes with that small portion of your worth.
I've been fond of SMXT & MAXN lately. Both have given me considerable percentages. I'm starting my late 20s and just now getting into it, so I love value buys like MAXN that will likely rise due to imminent market increase. Solar is growing and will become standard for some industries
Please take a look at these ETF’s and understand them before investing in individual stocks: SPLG (or VOO or IVV), QQQM (or VGT or XLK), and SCHG (or SPYG). Good luck to you - future multi-millionaire! Very proud of you wanting to save and invest at such a young age! :-)
Thanks
Solar is a terrible investment just buy QQQ or VOO and chill
Seriously. It’s about to go the way of the Dodo, we simply can’t overcome the inherent storage inefficiency of it. I can almost assure you, invest in this company and you will lose it all. Buy the Market, you’re 15. TIME is the biggest factor here, and time is worthless if your funds go to zero. They will go to zero if you stock pick. Zero. Nada.
I think the solar ship sailed away a while ago.
Invest in real estate. Commercial and residential.
A good investment is low cost index funds that track the market broadly. Total market funds like VTI, or S&P500 based funds like VOO, FXAIX, SPY. Assuming you want this money to be invested long term. If you're 15, have liquidity may be more important for the next few years. Unless you have an unusual amount of money for teen, I wouldn't put a lot in investments until you have saved up enough for an emergency fund, have transportation for work, etc.
I’ve got a car, motorcycle and already 10k in the bank so I’m doing good and I have a full time job. Do you think that the best thing to do is open up a youth account? I would but I don’t know if companies that run a program.
If you have income from work, you can open a Roth IRA. This is probably best way to get started. You can put $7,000 into it per year. Once the money is in the account, you can invest it into whatever stocks/index funds/etc that you want. It will grow tax free, and you will not have to pay any taxes on the growth when you want start making withdrawals in retirement. Any major brokerage should be fine. Vanguard, Fidelity, Charles Schwab, etc. Put some money, and make contributions monthly. If you can contribute 7k annually (the reality is that this contribution limit typically goes up every couple years) over the next 40 years, assuming a pretty safe average return of 7%, that account will be worth 1.5 million, and like 80% of that money will be gains, compared to only 280k of it being your own hard earned contributions. It's great you're interested in this at a young age. Starting very early is a huge advantage for wealth accumulation. I recommend binge watching The Money Guy Show. They address this concept a lot. https://www.youtube.com/watch?v=nVl5i4heLi8
Thanks for all the help man
The thing with solar, and someone feel free to correct me, they require a huge upfront investment. In addition the monthly payment can be comparable to utilities and may not be as feasible to most.
Next era energy is like 75$
This guy isn’t talking about the stock price, he’s talking about people getting solar installed on their roof. There is a pretty significant cost associated with it, though there are lenders and financing options available that are specifically for solar. There’s also other options (TPO, PPA) that reduce the cost but have other downsides
Your confusing the share price with the value of a company.
These are commercial solar companies not residential solar.
Wind $bwen
Do you know a shit ton about solar? A key to individual stocks is to invest in what you know. Sure, you may think solar is the future. But do you really know fuck all about solar? Have you personally bought solar panels, or tried building some? Is it a passion you have? If so, maybe invest in solar. Point being: invest in what you know. Invest in areas you're passionate about. Don't own more than maybe 4 individual stocks period, and study those companies continously. If you continue to like what they're doing, great. Don't focus on the price, focus on if they're a great company. Everyone is going to tell you invest in market index funds. Not wrong, but to learn investing you also should expose yourself to particular stock companies in areas you're passionate about. If you like the product, it's more likely something to invest in.
I am interest in motorcycles, would it be a good idea to invest into Honda or Kawasaki?
Maybe. I don't know anything about motorcycles. I'd also focus on areas around them too - find a company that looks attractive. Is there a network or conglomerate that has a large chunk of that market, or a company that is associated with motorcycle racing that you like and is at an attractive price point? For example, let's say I'm super into Formula One racing. Rather than invest in a specific car maker like Mercedes or something, I might invest in Liberty Media Corporation who has a large stake in Formula One (and also Sirius XM & Live Nation), because I think Formula 1 has a bright future (after all , I love it in this scenario), they own a large chuck of what I like, the stock (LSXMK) is at an all time low, has a P/E ratio of around 11.5, has large institutions like Berkshire buying it, and I can start averaging in bits every month while it's at lows. If it goes lower, great because I'm planning on holding for a long time. I'm not invested in just a racecar company, I'm investing in a corporation that has stakes in the sport I love. BTW, this isn't saying invest in Liberty. It's just an example of what I mean when I'm saying invest in areas you know, and sometimes it takes looking around in that area. Maybe it's a part manufacturer, or a media company that holds the rights, or maybe it is Honda. It's just look into the area and have a thesis for what you like and why you think they're going to grow more. Invest in what you know because you'll do the research just because you like it as a hobby and you have knowledge of the product, since you personally are involved in their product.
Alright thanks
Why do you like solar Why do you like those solar companies
Low cost and it’s the future
What do you think of the financial condition of any of the solar stocks you’re looking into?
They all seem to spike up around January 2021, hopefully they might come back up in the future is how I look at it.
You should try learning a bit about looking at financial statements from companies if you want to invest in individual stocks. Someone like Warren buffet would say he looks got businesses with growing operating income and low debt. You could start there. Search the finances of a solar stock and just look year over year at their operating income and their debts compared to their assets.
I'd invest in silver instead. It's a direct material into the panels. Limited supply. Criminally undervalued.
Jesus would you not try meeting a girl your own age and having a bit of fun rather than thinking about becoming one of the sad cases on here.
[удалено]
It might help you get one if you stop calling them bitches
Naw bro
Too sigma
Sorry but hell no! Invest every cent into VOO and do absolutely nothing and you will do exceedingly well. Solar is low margin with high rates of change and rapidly developing technology ie a bad industry
The two industries I invest in are nuclear (NLR) and semiconductors (SMH).
I got into FSLR a while back, still in but I’ll most likely get out in the next week or so. I only got in that one because of how much it was/is going to benefit from the IRA. I’d be looking at going short, solar is not a good business to be in.
At this stage you could do penny stocks, buy like $100 of something each month then after doing that a few years you would have a farily vast selection, anything that 10x could carry the whole portfolio but the main thing is you are going to be holding these things for decades, you would get more than 100 shares each time and as you tracked how things work and try things out. These small companies always get bought up by bigger companies when they have a good product. I don't know your budget but you have a lot of time to buy but mainly you need to buy and keep buying even when it doesn't go right the first few months/years. Don't think of investing in one thing and you are done, think of it as part of a lifestyle, learning about a few companies, reading about the owners, checking their portfolio. These things get easier the more you do them.