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Personal Investments • Re: Please help a confused 24 yr old on investing in index funds

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Look into Vanguard. I believe they have offices in Australia. Also, the SP500 is great but will only get you the 500 biggest companies in America. Nothing wrong with that, but there are more companies you would be missing out on. Since you are so young, I’d suggest getting a total stock market fund (about 500 companies compared to about 4000 last I checked). The ticker symbols I’d look into are VTSAX or the etf version VTI. Overall, just read read read. Read this forum. Read books. One of my favorites is “The Simple Path to Wealth” by JL Collins. Hope this helps!

Statistics: Posted by tman9940 — Tue Jun 11, 2024 6:22 am



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