Hey everyone,
I’m 16 and want to start investing long term with my dad’s help (we set up a trading 212 account). I’ve saved around €2,000 and after reading through this sub and researching, my goal is to mostly hold index etfs and let compounding do its thing.
I was thinking of starting with something like 80% in index etfs and 20% in stocks/ silver gold (to gain some experience and practice, i wont die losing this money) but im stuck on a few things
firstly, im an EU resident and while everyones praising VOO, the europan alternative VUAA has only went up 3% over the past year so would it still be a good choice long term? then i was thinking of some global etf to diversify. if u could reccomend me any specific etfs/ stocks i would be thankful
to sum up does this kind of setup make sense?
would you change anything? which stocks would u reccomend for the buggest compounding since i domt plan on touching the money (in etfs) for a long time only adding more monthly/ bimonthly based on my situation. Thanks a lot for any advice
also im scared since people say the markets very high right now is that okay?