Everyone should start to invest at a young age. The fact of the matter is that less and less people are investing even though it is widely known that investing young is the best thing you can do. It is good to get your feet wet with investing because compound interest over time is one of the best and surest ways to build wealth. However, too many people push it off until they are much older.
- If you are looking to start investing, you are already ahead of many people!
- There are plenty of different options readily available for all young people who want to start investing.
- You can use something like a robo-advisor so you do not have to worry about the day to day positions.
“That’s why I’m starting our son off early. Earlier this year, I hired our son to be a model and photographer for Retire by 40. All of his pay goes straight into a Roth IRA for minor. After 6 months, his account has about $500 and we can start investing in earnest.”
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