I've Covered Stocks for 10 Years. This Is the Single Best Way a New Investor Should Start.
It isn't about return optimization, but about optimizing for your own financial situation.
Overview
I love investing in stocks. Not only is it intellectually stimulating, but -- huge spoiler here -- you can make a lot of money while doing it. An individual who deposits $10,000 annually into a brokerage account that grows at 10% compounded annually will have close to $13 million 50 years later. I plan to follow a similar path with my savings.
Don't expect overnight success, and keep your time horizon extended out decades. This will allow you to build up wealth steadily over the years. But how should you start? This question may seem hard for individuals, but for anyone with experience, the steps are clear.
Details
I've covered stocks for 10 years. This is the single best way a new investor should start.
Source
Originally published at www.fool.com.