Invest in yourself, will allow you to invest in your future
Investing can be complicated but does not have to be a deterrent for you to invest in yourself. Investing in yourself is allowing the money you make today to earn interest or have positive gains from stock to build your money tomorrow. There are many ways to invest and I will give some options per age group.
Under 21, with someone you trust to handle your money as you will need them on your account.
Save your money in interest bearing accounts such as:
- Savings accounts
- A certificate of deposit (CD)
These savings certificate have fixed maturity dates, specified fixed interest rate and can be issued in any denomination aside from minimum investment requirements except for saving accounts. Saving accounts, earns interest on the money you keep in the banks
21 and over, you can invest in stock options thru 401K or broker account
I don’t claim to be a financial advisor but more than happy to share all the resources I can find and share my experience 🙂 My experience is invest early and your net worth will grow as time goes on.
To learn how about buying stock start at: http://stockmarketforbeginners.blogspot.com/2008/09/how-to-buy-stocks-for-beginners-and.html