Why do you need to start your investment journey in the 20s? - Deepstash

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Why do you need to start your investment journey in the 20s?

Why do you need to start your investment journey in the 20s?

gehnakundra.medium.com

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Joys Of Compounding

One thing I like about us is that we know all about exponential growth and compounding, but none of us take it seriously when we consider investments. We just look for quick bucks that leads us to investing directly in harsh equity and the crypto market currently. This is, frankly, not the correc...

Decide The Investment Amount

The first step in beginning your journey is deciding how much to invest.

How much you should invest depends on your investment goal and when you need to reach it. One common investment goal is retirement. As a general rule of thumb, you want to aim to invest a total of 10% to 15% of your i...

The Investment Strategy

Post picking an investment option, it is important to craft an investment strategy depending on your saving goals, how much money you need to reach them and your time horizon.

If your savings goal is more than 20 years away, almost all of your money can be in stocks. But picking specific s...

Diversification Is The Key

Diversification is considered to be the only free lunch in investing. As a beginner investor, by investing in a range of assets, you reduce the risk of one investment’s performance severely hurting the return of your overall i...

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Every investor’s principal goal is to reduce all possible investment risks while simultaneously increasing investment opportunities. Learn all about diversification and untold secrets. This will help anyone start their investment journey.

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