New to investing

Hello! It’s great to hear that you’re interested in starting your investment journey at a young age and with a clear focus on building a long-term, dividend-oriented portfolio. Here are some steps and resources that can help you get started:

1. Educate Yourself: Before investing, it’s crucial to have a solid understanding of the basics. You can learn about investing from books, online courses, and reputable financial news sources. Some recommended books include «The Intelligent Investor» by Benjamin Graham for understanding value investing and «A Random Walk Down Wall Street» by Burton Malkiel for insights into various investment strategies. Websites like Investopedia, The Motley Fool, and Morningstar offer great articles and tutorials on all aspects of investing.

2. Understand Dividend Investing: Since your goal is to build a dividend portfolio, focus on understanding what dividends are and how dividend-paying stocks work. Look for companies with a strong history of paying and increasing dividends. This can provide a stable, growing income stream and help you reinvest dividends to compound your investment.

3. Start Small and Diversify: With $2000, you can start by investing in a few stable stocks known for their dividends. Consider sectors like utilities, consumer goods, and real estate investment trusts (REITs), which often offer higher dividend yields. Alternatively, you might look into dividend-focused ETFs, which can provide instant diversification across several dividend-paying stocks.

4. Use the Right Platform: Choosing the right investment platform is crucial. Pearler, for instance, is designed for long-term investors. It offers features like auto-invest, which can help you automatically reinvest dividends and contribute regularly to your investments, aligning well with your strategy of building a long-term, dividend-focused portfolio.

5. Plan for the Long T

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Hi Jack.