In Ask Sherry, Investing, Money

Ask Sherry: How to begin investing

You asked, and I am answering every Friday once I have enough questions!

https://docs.google.com/forms/d/1DKFg6SD0Kmb_0U5yb4OTNfkvfmsf5dWxJJbZTzUtH7M/edit

You can ask any question using the form here.

I am very eager to self-invest, based out of Canada. I read your blog and other sites like Morning Star and Investing 101. But it seems too overwhelming. What and where should I start with? Your twenty cents for beginners like me?? Thanks a bunch already for your inputs, appreciate it!!!

You can start here: Investing Series. I wrote a whole bunch of posts on investing.

If you are truly interested in INDIVIDUAL do it yourself investing like buying ETFs and so on, you should sign up for a brokerage account so you can buy and trade.

You have them offered through banks (I went through the list of Canadian banks and discount brokerages), and the cheapest one is Questrade

I also wrote a book that basically tells you exactly what to do for Canadians.

Step by step, with screenshots and what it all means:

Investing Like a Boss: Canadian Edition


Enjoy!

Still have a burning question?

You can ask any question using the form here and all of my previous Ask Sherry posts are here.

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Sherry of Save. Spend. Splurge.

Am my own Sugar Daddy. Am a millionaire at 36 after getting out of $60K of student debt in 18 months, a little over a decade earlier, using TheBudgetingTool.com. I have worked 50% of my career (taking 1-2 year breaks), and quadrupled my income within 2 years of graduating, going from $65K to $260K with an average lifetime savings rate of 50%. I have 11 side incomes that are on track in 2020 to make me $50K - $75K. I could retire today if I wanted, but love my work-life balance as a freelancing consultant in STEM (Science, Technology, Engineering, Math). I am all about balance - between time and money, and also enjoying my money. I also post daily on Instagram @saverspender.

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