Young adults put off investing decisions until when their financial status is stable or when they feel sufficient to put resources to investment. Theoretically speaking, this is rather unsafe especially with how life is unpredictable. The twenties are the prime years to invest in. Even with the college debts and impending salaries, it is essential to invest in your younger years. Here are a few benefits of investing in your twenties.
You have heard that time is money. Well, this is factual because when money is put to good use within a short period, the result will be impressive. Investing in your twenties translates to reaping maximum benefits when you retire. The money invested will multiply to a considerable sum. For example, if you invest $10,000, an interest rate of 5 percent would mean that at the age of 60, the amount would be $70,000.
Learn by Doing
Young investors have the time to learn from mistakes. These can be mistakes from failures or success stories. Investing comes with challenges in the form of learning curves. To be safe and sure of future investment, a young person can try as many investment dockets as possible. In the end, all these dockets impart critical lessons.
The advent of technology has empowered the tech-savvy young generation. Youths can now study and conduct research online. They have access to tools that can be used to invest. Technology also offers a platform for learning various investment techniques.
Chris Linkas is the head cheerleader of a Real Estate Company. The company was founded in 1998. Some of the services it provides include asset management and offering investment advice to clients. Under the leadership of Chris Linkas, the company has managed over1,750 assets for public and private organizations.
Chris Linkas is a finance guru. He is well-versed with the value of excellent service delivery when handling client’s finances. He is a qualified hedge fund manager. He also manages permanent investments. Chris prides himself on being able to handle capital investment as well. To him, investment performance is the cornerstone of the company’s existence.