Hi all,
I'm 22 and in Canada. I just began my journey into mustachianism, and am very happy to be here. Problem is, I am also a bleeding idiot and have no idea what I'm doing with investing. I've looked into Canadian Couch Potato, but that's left me with more questions. I have 2.5k saved and ready to go, and am able to save 6k/month to invest. The more I read about investing, though, the more confused I get. I just opened an account with Questrade and I know I should open and RRSP and TFSA but I don't even know what type of RRSP and TFSA I should be going for.
I'll tell you a bit more about me I guess:
I'm looking to do monthly contributions into investing. If I keep on saving at the level I'm at, I can be FI in 7 years, though I will probably shoot for 10 just to be sure. I currently keep all of my money in a checking account with TD. I don't have any other accounts. I have no debt. I know I only have a small amount to invest right now, but that will grow. I want something simple and easy that focuses on FI.
Please help, I am drowning in questions and confusion. I don't even know what questions I should be asking!