How Young Workers Can Get Started Saving and Investing
No images? Click here By Brian Hershberg | May 23, 2021 It can be difficult to save and invest if you're a recent graduate or just starting out and working on an entry-level salary. Today's uncertain economy and changing labor market don't make it any easier. But that doesn't mean you shouldn't try to develop a plan and get going. And the sooner you start, the more time you have to build a substantial portfolio for retirement and a cash stash for emergencies. Compounding and time are your friends. And it's not as difficult or painful as you might think if you set aside a little at a time and stay consistent. Consider the young woman Barron's Retirement reporter Gail MarksJarvis found to illustrate the value in developing a saving and investing plan.
Please read on for the full article, including rules of thumb, tips for saving, and more: A Young Worker's Guide to Saving for Emergencies and Investing for Retirement Sure, Crypto Can Rev Up Your Retire-Early Plan. It Can Also Blow It Up. Be Wary.On FIRE: More retirement savers have become interested in cryptocurrencies' ability to turbocharge savings plans, the latest plunge notwithstanding. Financial professionals say it's too risky, too volatile, and investors should allocate only a small portion, if any, to their portfolio. Take Time to Spring-Clean Your Finances. Here's How.Spring is a good time to rethink and prepare, says Emily Bowersock Hill, founding partner at Bowersock Capital Partners in Lawrence, Kan. He's Bearish, He Sees Lots of Small Bubbles, and He Still Favors StocksNeurologist and author William Bernstein, a champion of DIY investors, sees mediocre returns over the next 30 years as high valuations weigh on the market. Nevertheless, he says, it remains the best for investors in a low-return world. Avoid These 6 Common Money Mistakes Made by People in Their 20s“Becoming educated on wise investment strategies can make a huge difference as you enter your 30s and 40s, and even have an impact on how and when you choose to retire, as far away as that might seem,” says Darren Zagarola, managing partner of EKS Associates. Yes, You Can Retire on Dividends. 10 Stocks for the Long Haul.The notion of using dividends for retirement income has plenty of appeal, with yields on many traditional income investments near historic lows and individuals increasingly on the hook for their postcareer income. MEET THE 100 MOST INFLUENTIAL WOMEN IN U.S. FINANCE Barron’s is honoring women across the industry for their leadership, accomplishments, and contributions. The 2021 list includes Catherine Wood, Janet Yellen, Ivy Zelman, and more. New profiles will be published weekly—see the full list and read the newest profiles here. This mailing was sent to aymentanaze.news@blogger.com, . |
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