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20-Year-Old University Student Wants Help with Buying Dividend Stocks: "What's the best way to start?" Reddit Weights In.


Published on 2025-03-27 13:21:10 - Benzinga
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  • Getting started with investing can feel exciting, but it's also normal to have a lot of questions. A 20-year-old university student recently posted in the Dividends subreddit, asking for some advice on how to get started.

The article discusses a 20-year-old university student seeking advice on Reddit about investing in dividend stocks. The student, looking to start investing with a modest sum, received various suggestions from the Reddit community. Key advice included starting with low-cost index funds or ETFs for diversification, understanding the basics of dividend investing, and the importance of reinvesting dividends to benefit from compound growth. Some users recommended focusing on companies with a history of stable or growing dividends, like those in the S&P 500 Dividend Aristocrats. Others emphasized the need for a long-term perspective, patience, and not expecting immediate high returns, highlighting that dividend investing is typically a strategy for steady, long-term income rather than quick gains. The consensus was to educate oneself thoroughly on investment principles before diving into individual stock picking.

Read the Full Benzinga Article at:
[ https://www.msn.com/en-us/money/news/20-year-old-university-student-wants-help-with-buying-dividend-stocks-whats-the-best-way-to-start-reddit-weights-in/ar-AA1BMFpd ]