Dhruv,
it’s very encouraging to see that you are considering and initiated investment in your 20’s and since you have very long time available with you my advice would be contrary as follows:
- Start index investing in SIP mode
- Include one or two good mutual fund in SIP mode.
- Direct stock investing requires lot of time, energy, patience and hard work. I am afraid you being in software that too in North America, will it be feasible for you to do the justice in two fronts which is equally challenging and time consuming. You can in the mean time over a period of 5 to 7 years gather some investing skills, reading skills, understand market depth and breath and then take a plunge. Not to dishearten but 99% chance is that beginner in stock market will fail to earn return beating index. It is not a question on anybody’s intelligence but it tests extreme patience and decision making ability in always tough and volatile scenarios.
Hope it helps. All the best!
VK
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