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How do I start investing in my 20s?

Six steps to start investing in your 20s. 1. Create a spending plan. If you don't have one, create a monthly spending plan so you can be intentional in how you save and spend your hard-earned cash. To get a handle on your cash flow, itemize and add up your monthly expenses, then subtract them from your income. Are you overspending regularly?

Should you take risk in your 20s?

When you are in your 20s, explore your comfort level with taking a more aggressive approach and embracing risk. If you have a higher risk tolerance, you could be able to take bigger risks than you would if you were closer to retirement, though investors should consider their own individual circumstances.

What is an aggressive investment portfolio?

An aggressive investment portfolio, generally, is more weighted toward stocks (e.g. think 50% of your nest egg is invested in stocks). An aggressive portfolio may suit investors who feel they can handle a few bear markets in exchange for the possibility of overall higher returns.

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