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REDL|NE · 02-10-2005, 12:33 PM

Hello everyone,

Im almost 20, and getting that investing urge

Right now, my situation is:

-Full time student
- Part time work (make about 600/month before taxes)
- Still live at home
- Have about 2,000 in the bank.

I dont really have too many expenses, however i do make a 150 dollar loan payment every month for my car. I pay what i can for my tuition, however the folks have been very generous, and i usually just pay for my books.

My investments right now are a 100 dollar/month contribute to a RRSP (Registered retirement savings plan for your non-canadians) , but im looking to get into more.

I know the basics about stocks, bonds, mutual funds etc, but thats limited at best. Im looking to purchase some stocks that are relatively low risk, but moreso moderate.

I guess what im asking is for some advice on investing, im new at this and dont want to throw away any money by making a stupid mistake. A friend has told me that www.stockhouse.com is a good place to get information on companies.

If any one is familiar with Royal Bank, i use Action Direct for all my trades - buy and sell.

Thanks for any advice

02-10-2005, 12:33 PM	#1 (permalink)
REDL\|NE Crazy	Just starting to invest Hello everyone, Im almost 20, and getting that investing urge Right now, my situation is: -Full time student - Part time work (make about 600/month before taxes) - Still live at home - Have about 2,000 in the bank. I dont really have too many expenses, however i do make a 150 dollar loan payment every month for my car. I pay what i can for my tuition, however the folks have been very generous, and i usually just pay for my books. My investments right now are a 100 dollar/month contribute to a RRSP (Registered retirement savings plan for your non-canadians) , but im looking to get into more. I know the basics about stocks, bonds, mutual funds etc, but thats limited at best. Im looking to purchase some stocks that are relatively low risk, but moreso moderate. I guess what im asking is for some advice on investing, im new at this and dont want to throw away any money by making a stupid mistake. A friend has told me that www.stockhouse.com is a good place to get information on companies. If any one is familiar with Royal Bank, i use Action Direct for all my trades - buy and sell. Thanks for any advice __________________ "You learn more and more about less and less, until you know everything about nothing."