My name is John and I am from Canada.
I have been greatly interested in stock investing and I have been keeping a simulation account for about 6 months in TSLA, BNS, SWY, MCD, INTC, SAND and few other stocks and it has performed relatively well.
And now, as I have recently graduated and started working I was able to save up and spend about $4000.00 to invest in stock market.
But contrary to spending cyber money on simulation account, I am very cautious about which stocks I should ”actually” start buying or look into.
I am leaning towards buying dividend stocks for first 2 years to establish some grounds first.
I have been keeping keen eyes on stock gumshoe and Travis is great! but, it would be great if I could gather some ideas from fellow investors as it would help young investor to start in a right way.
Currently, I have opened RRSP account through Questrade which is optimized for US Dividend Stocks.
Any advice for beginner investor would be greatly appreciated
Personal Capital is an advertiser with Stock Gumshoe, but Travis also uses it every day for his personal accounts and finds it invaluable. Here's what he said: "They offer a great (and genuinely FREE) 'second opinion' for your financial plan, but what I love most is their automated financial dashboard -- it will look at all your assets and debts, tally up your asset allocation, project where you'll be at retirement, and suggest ways to manage risk or improve returns. It's free, I think their free tools are great, and I think it's worth checking out -- you can do so here.