I'm new and looking for some advice, or maybe not advice, just need to know how I should start. Basically at the moment I'm doing a trainee ship, and I get a mere $18k a year. I am 19 at the moment, and by the time I am 20 I will be on a salary of about $40k/year.
I want to start investing, even if it is a small amount. But all this talk on TV about the state of the economy etc is scaring me. To be honest I don't have a lot of expenses, I worked at the supermarket for 2 years while I was at school and I spend about $10,000 all up on my car, and it's pretty decent, and my mum and dad make me pay board but that's at a minimum right now since I only make $300ish a week. I don't really want to get a financial planner advice because that seems costly and not worth it, but are there any resources I can read, I've downloaded a few e-books and i'm reading through them. I can buy stocks online, and it seems pretty easy to do.
I know lots of people have lost their money, but does this mean that a lot of stocks will start to go up? Have they hit rock bottom? Yeah I'm not too sure what I am asking, I just want to try build up a portfolio and start younger, I have time on my side. I have dumb friends who fritter their money away on cars and it's sorta dumb, and pisses me off when they make more than me (working part time) than me on a trainee ship wage full time!! How to get started?