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by augasur 1307 days ago
Hi,

I also live in Europe. Here some quick suggestions from person who is quite interested in trading and investing:

1. Save few months of cash reserves to have freedom if things goes south.

2. Start reading about investing and ETFs and Indexes.

3. Start invest in small sums in ETFs and or Bonds. There are two ways:

  3.1. If you want to transfer and forget, you can try some of the RoboAdvisors, which will buy ETFs/Bonds for you with assigned percentage. I personally use ETFMatic [1] for couple of years without any issues.

  3.2. If you want to buy ETFs by yourself, you can open brokerage account. As I read that you are from Europe, we mostly use Degiro [2] or IBKR [3] here. I use IBKR personally. You will be safer with ETFs, rather than single stocks. One of the recommended ETFs, would be VWCE, which Tin short - tracks World economy.  As my colleagues say, VWCE and Chill.
 
4. Try to avoid single stocks, crypto and investment gurus and get rich quick schemes.

5. Happy and safe investing!

You can find more information about European ETFs on justetf.com [4]

[1] https://etfmatic.com/

[2] https://www.degiro.com/

[3] https://www.interactivebrokers.co.uk

[4] https://www.justetf.com/en/how-to/invest-in-europe.html