I’m a 23-year-old currently earning 13k ETB a month from some side work. I keep hearing older people say, "invest while you're young," and I really want to take that seriously. I’m determined not to blow my money on useless things, but I’m not sure where to start in our current economy.
For those of you who are now successful or "rich," what was the best investment you made in your early 20s? Was it a business, a skill, or something else? I'd love to hear your stories and any advice you have for someone just starting out
How should I invest my money now to avoid regret later?
byu/curious_thought27 inpersonalfinance
Posted by curious_thought27
1 Comment
Best investment you can make in your early 20s as an American is putting enough into your 401k to get the full employer match – it’s free money
If you have high-risk tolerance, you can gamble in stocks – otherwise, CD’s and I-Bonds are paying around 4% risk-free