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The week's question
In December 2024, in the thread "Re: BRK: Why Not XOM?", BreckHutHigh asked the members: "What about the long road trips with kids?" This week it is put to everyone again. The button below opens the small thread re-asking it - read what others have said so far, then give your own answer as an ordinary reply.
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Personal Finance / Investing Beginners
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Author: Baybrooke   😊 😞
Number: of 93 
Subject: Re: How to invest (part 1 of 3) Shrewd'm style
Date: 01/26/26 11:41 PM
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No. of Recommendations: 22
Since the intended audience is primarily youngsters, I hope in the chapters to come you will talk about index investing also, and not limit to investing in individual stocks only.

Learning how to evaluate businesses takes a lot of time. For a youngster just starting out, unless they are doing it professionally, this time is better spent focusing on their career. Making sure you are on a career path that pays well and then putting all energy into excelling in said path will pay off more than spending time researching individual companies.

A high paying career (which allows high savings) combined with index investing is a young person's best bet to build wealth. A mix of SP500, QQQE, RSP and a Global ex-US fund will do just fine. Unfortunately, many get sucked into investing rabbit holes of various kinds in their younger years and end up wasting precious time and money.

As a bonus, it's also better for society if fresh minds are engaged in doing useful work rather than purely financial endeavors which result in wealth transfer but add no real value.
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This community has written 92 posts about Investing Beginners. The article-length ones it recommended most:
How to invest (part 1 of 3) Shrewd'm style · 62 recs · 2026
How to invest (part 3 of 3) Shrewd'm style · 44 recs · 2026
How to invest (part 2 of 3) Shrewd'm style · 34 recs · 2026
Welcome! · 13 recs · 2023
Yield vs Coupon · 4 recs · 2023
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