I’ve always been a self-directed investor. This means I’ve never relied on a someone else to manage my money, and instead took the initiative to learn the basics of the stock market so I could start investing. I bought my first stock at age 25, and have been hooked ever since. For most young people, the thought of managing their own investment portfolio is intimidating, particularly on top of juggling other financial responsibilities like student loans or saving up for a down-payment on their first home. Nevertheless, investing should always be part of your financial plan. Despite what you might think, you don’t need a finance degree or a million dollars to get started in the stock market, and waiting until you do could be costing your dearly. Why you need to invest The truth is, you can’t afford not to invest. Most savings accounts are offering interest rates of 1% […]
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