Is $40k in the stock market alot for 19?
Im 19 and got that by myself from working, what percentile would that put me in?
- STEVEN FLv 71 month ago
It is a LIE for anyone that doesn't know.
- Raymond L.Lv 51 month ago
DAng, thats pretty good, I would say that less than 3% of 19 year olds have that kind of money these days.
- fcas80Lv 71 month ago
By age, I'm sure you are in the upper 5%. Good for you!
If you are in individual stocks, try to diversify by industry.
Buying mutual funds instead of individual stocks handles the diversification for you.
Invest for the long run - the stock market will come back. Good luck.
- SumDudeLv 71 month ago
Don't know, don't care. Do you own a house? Going to college (if desired)? Is your job steady? Are your stocks going up or down ? Are you debt free ??