I'm in my early twenties and about to graduate as an electrical

>>17940454
bump

>>17940454
Google compound interest. That's how I would start.

>>17940588
Compound interest is your friend

Make an appointment with a financial adviser

Where do you live? I would recommend you open up an RRSP, a TFSA and mybe an emergency account to invest money into your personal future first. After you have a little bit in there, move to mutual funds as they are lower risk than stocks.

>>17940603
new jersey, close enough to nyc

Mate, you won't get rich as fuck with a "semi-decent job". Not even with a great job. You can, at best become wealthy enough to be able to live a comfortable life from investments alone, but you won't be able to buy personal planes and shit by working as an engineer and investing your savings.

If you want to be rich as fuck you have to start your own business. You will most likely fail or make only decent money with it, because that's what how most businesses do. But you have a higher chance of getting rich than working for someone else.

If that sounds too scary for you or you have no idea where to start (yet) you should focus on getting a good job and becoming better in your field. If you do want to start your own business in the future you should try to make as many connections as possible and get involved in research. Doing a master is a pretty good idea in this situation if you have no other options.

Thinking about stocks and investments is pointless when you have no money to invest. You should worry about that when you have a good enough income.

>>17940656
I've thought about it, but I have no idea what kind of business I'd like to open. I guess I just need more time. I really don't want to go to graduate school though too, especially for anything engineering related