Igor Cornelsen, who is well sought after for his financial advice, has some great tips for young people looking to go into investing. These tips were posted on his popular blog. First of all, don’t be one of those people who fail to invest when they are young. When you are just starting a career, it may seem difficult or a nuisance to invest. You are thinking of trips and other things you want to spend money on. However, you should be smart and start thinking about saving for a rainy day and making start investments.
In fact, more than half of all Americans under the age of thirty have not set aside even one cent for retirement! That means that so many people are losing out on a great opportunity to invest. Do not be one of them.
Let’s get into some other common issues young investors face. One of them is pushing off investing until they feel the time is right. They want stocks to be very low while they have lots of money to spend at the same time. The problem is that you may end up pushing off investing forever until it is too late. You should not wait for the time that is one hundred percent perfect. Stocks always have some risk in them. The way to success is choosing the stocks with the least risk and diversifying your portfolio so that you have financial stability. Sometimes, young people will stop buying stocks when they reach a certain point. This is another mistake. You should always buy stocks.
Igor Cornelsen has managed some of the biggest investment banks in the world. He is one of the most prominent investors in Brazil. He has many years of experience and success in the banking and investing industry. He goes through Bainbridge Group. https://about.me/igorcornelsen1