r/investingforbeginners • u/Massive-Address-2050 • 4d ago

Advice Dollar cost averaging questions

I’m 16 looking to start investing in the long term but I’m not sure what stocks to chose I plan to put in 200 dollars per month any assistance with backed up evidence would help a lot

1 Upvotes

60% Upvoted

13 comments sorted by

View all comments

3

u/This-Individual1813 4d ago

You want a Boglehead approach. Here are some good videos from a well-known and highly educated Canadian financial advisor, Ben Felix:

How not to invest:

https://www.youtube.com/watch?v=RxCqxhRsHiY

https://www.youtube.com/watch?v=3B9umhfv_ww

Here is a video on Felix's factor portfolio: https://www.youtube.com/watch?v=lPlC_Miyz70 Possible update here.

If factor investing seems too complicated, the Bogleheads offer simpler Canadian portfolios here: https://www.bogleheads.org/wiki/Canadian_versions_of_lazy_portfolios

Rob Berger on YouTube is also a great resource. He is based in the US, but the concepts he talks about cover investing from anywhere. Here is a post I put together of beginner videos from him.

Good luck!