I am a college student that's new to investing; what is the best platform to begin investing $100 per month?

I am 20 years old and in college. I am interested in investing and I know that investing, plus compound interest, is a good way save and make money. I have done hours of reading but I'm not sure what information is legitimate. No one in my family has experience with investing. I have about $100 per month that I want to invest. What is the best platform for me to do this?

Investing, Starting Out
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February 2018

I love that you are so young and thinking about investing.  As long as you have a long term time horizon and understand that the market doesn't just go up, you could follow Warren Buffet's instructions for his estate and invest in an S&P 500 index fund.  Look at Vanguard - S&P 500 mutual fund or ETF.  Again, assuming your timeframe is 10 years+ it would be something to consider.  Also, look up the concept of dollar-cost-averaging which is what you would be doing by investing $100 per month consistently.  Start early with a discplined investment strategy and you will be way ahead of the curve later in life because of compound interest.  Good luck!

February 2018
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February 2018