5 Expert Tips for 20-Somethings Who Want to Invest but Don't Know Where to Start
The first steps in any worthwhile endeavor require great courage. This truism most certainly applies to investing your money. In this recent Business Insider article, I shared a few insights to help new investors develop the right systems to make investing a turn-key experience.
One key point to consider with investing, according to financial planner Adam Scherer, is consistency. That's why he recommends setting up an automated recurring deposit regimen. It's not as hard as it sounds: Most online banking and investing portals let you set up a recurring payment to your investment account, just like you would for a bill payment ...
"Whether you direct a portion of your paycheck to an investment account or establish recurring periodic investments into an app, making saving easy is key," says Scherer.
Taking time to plan the right system allows you to build consistent habits. If you want to discuss how to get started taking actionable, personalized steps toward your best financial future, you are welcome to connect with me on a free 30-minute introductory call.