How to Start Investing in your Early 20s?

Question

I’m in my early 20s and I’ve been interested in investing. What are some tips or ideas you could give me to start investing money as early as now? So far I’ve been saving up 20% of my salary monthly.

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Anonymous 7 months 2021-03-23T11:38:55+00:00 2 Answers 8 views

Answers ( 2 )

  1. 2021-03-24T03:34:51+00:00

    It’s really good to start while you’re young. My advice would be to start educating yourself to what kinds of investment you would be interested in. There are a lot of options there and not every option is suitable for you. It’s also nice to have a great foundation when it comes to financial literacy. Good luck!

  2. 2021-03-30T12:35:36+00:00

    The answer for this will be different for everyone.  What are your financial goals?

    Time, money, education,  and risk tolerance are all factors.  If you would like X amount of money within X amount of time, does your education of X, X investment,  and X percentage of risk tolerance support that?

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