Synopsis: This article is about what is investing,how to understand it,when to start,why you should start and what are the advantages!
Early twenties is the phase in your life when you are no longer a teen/child but you ar not an adult too yet. And there is nothing you can do about it because your family still views you as a child and your teachers asks you to grow up.
In all this,all you want is freedom, freedom to do what you like, freedom to explore, freedom to speak,dress however you like and ultimately make your own choices.
In all of this, financial freedom plays the most important part, because you are old enough to feel ashamed to ask for many but can't work because of college or studies.But this is the best time to start investing,start exploring,start to know how money attracts money.This phase of life is where you start,to become the person you want to be and to become financially independent!
Now, reality check-- WHY IS INVESTING SO IMPORTANT?WHY IS EVERYONE SUGGESTING IT?
Because,first of all,no matter how much high paying job you have,if you add up to the years you work, it's wont be enough!! And site note is you have to keep working! While if you invest,your money works for you. And it will grow more than you work for the money.
How to start investing? should you go for stocks, crypto, mutual fund,etc?
All you have do is start saving penny's,or your extra money,little efforts--like today you don't go out to eat,you don't buy that pizza, etc and put that money in investing/saving! Pick your stocks you want to invest in, research about it,go for brands you are familiar with or love their products and you know it will do well. While for crypto,go do research,study the market,reasons behind it's fluctuations, select a coin you believe in and only invest the money you can afford to loose. There are many such to get you started with investing, bottom line is do your research,have patience.
How/where to start? There are brokers like-- zerodha,upstock for investing in stocks. Bianca, coinswtich,B21-- for crypto investing. What are the advantages of investing?
I haven't covered all the topics since my main aim here is to share about investing and how it will help. Do your own research and give it a try,thank you!
Disclaimer: Do your own research and start investing, don't take mine or anyone's word for truth. Know your risks and be careful.