Have you ever wanted to get started in investing but you have NO CLUE how? This video is for you. It was intimidating for me to get started, feeling like I knew SO little about investing. But it isn’t as hard as you think. Here’s the steps.

Step 1: Set up an account at either Vanguard, Fidelity, or Charles Schwab.
I use Vanguard, but they do have a $1-$3k minimum, so if you want to get started with as little as $1, go with Fidelity.

Step 2: Select an IRA if it is for retirement (recommended) – or a brokerage account if you want access before 59.5 years old. There are big tax advantages to going with an IRA.

Step 3: Put in funds.

Step 4: Put those funds in a target date index fund.
Why? It automatically adjusts your funds to have less risk over time. You’re not worrying about moving funds around to which funds, which stocks, which bonds. Everything is in one fund and SO simple. Did I mention the fees on a target date index fund are ridiculously low (.15%)?
To select what fund you should pick, take the year you were born, add 65 years, and select target date index fund. (If you’re unsure, comment and I’ll help you!)

5. Step 5: Set up automatic monthly deposit (or put funds in as you can).

The key is consistent investing over the course of time to set you up for retirement.

Let’s talk about it – What is holding you back from getting started in investing?