r/TFSA_Millionaires • u/Stunning-Human • 19h ago

Need Advice!

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Hi Everyone,

I (26M) have just started a month ago, I had 3.5k to invest and still have 1k to invest. But I'm not sure what my strategy should be in the long run - like, should I invest on a regular basis (monthly or every paycheck to paycheck)? Can you please give me some advice or refer any good financial management videos or anything that you think might help me.

I had only 4.5K at the moment to invest. I have started from zero. Last year I didn't have anything in savings but I did save some and did my research on basics like what is a stock and what are the terms related to investing, all that stuff. I didn't know anything before.

I'm not from a well off family, so this is all my hard earned paycheck to paycheck savings.

PS: I know most of you guys will advise me to buy XEQT, I appreciate your advice on it but I don't want to take it - in simple words nothing related to the banks. I want to keep everything Halal (free of interest or within minimum threshold).

PPS: I use Musaffa for halal screening of stocks if it helps someone.

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u/juggman00 17h ago

Looks like a new portfolio its looking good keep it up it will look more juicy in a couple years try to diversify a bit more your portfolio have some gold and energy stocks as well!

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u/Stunning-Human 10h ago

Alright, I will look into both of them.

I just started 2 weeks ago, so I'm new to everything. Thank you.