Why to Invest in Your 20's? - Deepstash
Why to Invest in Your 20's?

Why to Invest in Your 20's?

Investing in your 20s is one of the greatest steps you can take toward being a bona fide, successful adult. It pays to get a jumpstart on saving for financial goals like retirement, especially because of compound returns.

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Investing in your 20s is one of the greatest steps you can take toward being a bona fide, successful adult. It pays to get a jumpstart on saving for financial goals like retirement, especially because of compound returns.

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Smart retirement planning boils down to a few simple truths.

Smart retirement planning boils down to a few simple truths.

  • Time is on your side.  The earlier you start saving money, the more time you give compounding to work for you. 
  • Take risks when you're young.  Although stocks are three times more volatile than government bonds, it earns nearly twice the average annual return.

Improving your financial IQ

It takes time to learn and improve your financial IQ, but it is certainly not that hard.

  • Once you have a saving plan in place and your accounts open, you don't want to jump into investing as you risk making beginner mistakes.
  • Teach yourself the fundamentals and visit website...

How to avoid bad investment advice

  1. Never buy a financial or investing product from someone you just met.
  2. Getting returns over 12% per year is ridiculously hard. If it sounds too good to be true, it is.
  3. If you don't understand it, don't invest in it.
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