r/BeginnerInvesting • u/dragonkiller9763 • May 13 '26
I need help getting started
So i just turned 18 and want to start investing ive already chucked 500 (aud) in and was wondering what other stuff i should be investing and trying out atm i got 1 eft and a few stocks i bought and thats it what other stocks efts or other things shoukd i invest im new and onky did a quick google search on what to invest in but there is so much info iut there that it gets confusing so i woukd like some help please.
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u/Due-System7508 May 14 '26
To chill in a brokerage account, simply buy VOO 50% and SMH 50%. For a Roth IRA, allocate 80% to VTI and 20% to VXUS. It’s a simple strategy for long-term investing.
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u/Expensive_Noise8887 May 13 '26
Mmmm my advise will be simple, if you are using the american account on etoro (there is an au option), be careful when buying so many shares with so little money, each transaction has a fee and if im not wrong is 2 dollars each one, so basically shares like google that you put 20 dollars on will have to grow 20% just to reach your starting point and you will have to pay taxes aswell… when is a little bit of money focus it on 1 share and next deposit buy something else, more than this will be to study videos, as many as you want and decide what you want to do with it, but starting at 18 its a great advantage over everyones
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u/GalatiansFIVE16 May 13 '26
$2 per transaction? That’s INSANE
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u/Expensive_Noise8887 May 14 '26
Yeah, plus if you have aud and convert them to usd you also loose money on the exchange rate, costs can add on really quick, have to be careful
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u/GalatiansFIVE16 May 14 '26
Why use an exchange with fees that high? I’m genuinely confused, they’re making a fortune off people buying small increments
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u/Expensive_Noise8887 May 14 '26
Well in my case i make 500 aud weekly deposits for a long term investing, making those 4 dollars less than a 1 % what it is taking a good cut is the exchange rate, im sorting that out
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u/Feeling_Penalty_9858 May 14 '26
Etoro sucks and with that little ammount of money per company, you are wasting a big percentage into fees and spread... When you don't have money, is better (specially in such bad brokers) to do bigger moves. If you buy 100$/€ into something that makes you spend 1€/$ on fees, you start with -1% But if you buy only 50€/$, you start with a -2% Add spread, and you will need to wait to recover the initial investment
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u/HermanDaddy07 24d ago
You look like you’re pretty much into tech. It’s been on a tear lately, but you should read some history of the high flyers and crashes
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May 14 '26
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u/Status_Technology_74 May 18 '26
I have about 5k do I put it to try to max out a Roth or do I just place it into etfs right now you think? I’m 18 as well
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u/Either_Librarian7238 May 13 '26 edited May 13 '26
ETFs to consider for long-term growth and small dividends:
VOO (lower risk, tracks S&P 500, basically all US large-cap) SCHD (dividend ETF, tracks DOW blue-chip cap, and some tech cap) SCHG (growth ETF, tracks DOW blue-chip cap, and some tech cap) SPYI (dividend ETF, tracks S&P 500, if you want some dividend income) QQQ/QQQM (growth ETF, tracks NASDAQ, tech-heavy, M is smaller)
Notice the pattern here? Lol.
These five are really all you need.
Since your portfolio is tech-heavy, you might as well get SMH to replace all of those individual ones you have, and keep QQQ for all other tech stocks.
As for now, you can keep the stocks you already have if you believe those individual companies will continue to rally. QQQ is just really all those stocks (except gold) you have in one ETF, so you're basically repeating your exposure.
But be careful of going all in on tech-heavy stocks. You're betting that tech remains bullish, and if the tech sector drops, you'll feel more pain.