Stocks, ETF, Mutual Fund, Roth IRA, Cars?

Question

Hey guys im really confused right now so let me explain my situation. I want to start investing for early retirement. I just turned 19 years old. Every month i probably have an extra 200 dollars plus i have about 1000 i can start investing with. In about a year or so i will be getting a settlement of around 10,000 dollars also that i would like to invest. Now the question is for my situation what would be the best way to invest?

Answer 1

Yeah, educate yourself first. I read a great book called "The Motley Fool Investment Guide for Teens." Amazing book. do read it! The Motley Fool also has some other books such as "The Motley Fool Personal Finance Workbook" and "The Motley Fool Investment Guide : How The Fool Beats Wall Streets Wise Men And How You Can Too." Just a couple other options. Just go on Amazon and look up "The Motley Fool"

http://www.amazon.com/Motley-Fool-Invest...

Answer 2

Educate yourself first.  Start with "Personal Finance For Dummies" and "Investing For Dummies."  They are great starter books.  Suze Orman's books are also good.