Comments on: Investing Young Isn’t Best

By: Get Happy Life

Get Happy Life — Mon, 15 Nov 2010 13:53:10 +0000

Well, I am still new – for now I have saved for a year and set up my savings account. I asked this question because the post basically covers the aspect why investing young is not best option. My dilemma was whether it pays off to start investing early or accumulate money on my savings account.
Get Happy Life´s last blog ..Can Jealousy Be Good

By: Ryan

Ryan — Mon, 15 Nov 2010 02:33:02 +0000

Yes Sir, and are you? Any investing preferences?
Ryan´s last blog ..The Housing Market Crash In Infographic form

By: Ryan

Ryan — Mon, 15 Nov 2010 02:32:38 +0000

I battle the thought of being focused on investing young and delaying gratification versus spending most on experiences while young… at the moment I’m leaning towards the latter. Ideally one would be able to take risks while still putting away some towards their investments to capture the time value of money.
Ryan´s last blog ..The Housing Market Crash In Infographic form

By: Get Happy Life

Get Happy Life — Mon, 15 Nov 2010 01:19:44 +0000

Ryan, there is another reason not to invest young, I think. Maybe one should travel the world while still young and in good shape, because:

1) You may not know when your last day on Earth is
2) Having(spending) money today is better than spending it when you are 40 or more
Get Happy Life´s last blog ..Saving Young or Travelling the World

By: Dave

Dave — Mon, 11 Oct 2010 13:27:38 +0000

I like your series “Other side of the fence”! I never thought about investing young that way!
I started to earn some extra cash and I was wondering whether I should start investing (I am 24 years old).

Ryan, are you an investor?
Dave´s last blog ..Your Best Asset to Wealth and Success

By: Darren

Darren — Fri, 09 Jul 2010 19:33:32 +0000

I agree that if you’re young, perhaps spending money on your personal development and education may be a better investment.

But if you do invest, and it happens to be a bear market, maybe it’s not so bad. After all, you’d be buying the stocks cheap, and it you hold for the long haul, you’ll ride the wave back upwards.
Darren´s last blog ..Social Security Benefits – The Six Categories Of Benefits

By: Money Reasons

Money Reasons — Tue, 30 Mar 2010 23:55:12 +0000

With all things in life, you have to start somewhere. I think it’s better to jump in young, learn your mistakes, then become a master of the subject area that you’re trying to learn.

I plan on helping my kids learn the ropes about investing. I’ve did some foolish trade in my life, but now I think I have a grasp around the field.

I plan on letting them fall a few times, that’s part of learning…

Of course, mutual fund or ETFs will be at least 50% of their accounts. Individual stocks will be a smaller part of their portfolio.
Money Reasons´s last blog ..MoneyReasons Weekly Cache 2010, Mar 28

By: Simple in France

Simple in France — Mon, 29 Mar 2010 08:47:07 +0000

My ‘investments’ look something like a squirrels investments. Plenty of nuts, all randomly stuck away here and there. Sometimes I get on my own case about not getting a higher return on those investments. . .sigh.

But the stock market today gets me slightly off the hook as does the fact that my husband and I are looking to purchase a home in the near future with some of those ‘nuts’ we’ve tucked away in a safe place.

So, in short, your post allows me to rationalize my overly risk-adverse investing behavior. Thanks

By: Mark

Mark — Mon, 29 Mar 2010 04:29:28 +0000

You make an interesting point about investing in yourself. I would agree that investing in furthering one’s education at an early age is wise, but only to the point that there is also something to invest as well. Some small investment is better than none at all.

By: harvestwages

harvestwages — Mon, 29 Mar 2010 04:26:18 +0000

I agree Meghan, i think we the youths have the right to invest and save money for the future. All depends how smart you are. If you can apply the knowledge and wisdom you’ve got, then why not make use of it.
library reading is also a very positive investment. Why not use what you’ve got.