Description: This video focuses on the importance of investing early as a young adult and the difference time makes. Various investments are discussed. Investment strategies like averaging down and dollar-cost average will also be summarized.
Useful resources:
https://youngandtheinvested.com/best-investments-for-young-adults/
https://www.investopedia.com/articles/younginvestors/12/best-investments-for-young-people.asp
https://www.investopedia.com/articles/stocks/08/average-down-dollar-cost-average.asp
https://www.investopedia.com/terms/d/dollarcostaveraging.asp
New York Times Article Mentioned: https://www.nytimes.com/2020/02/10/smarter-living/the-young-persons-guide-to-investing.html
Key words: Property, Shares, Cash, Fixed Interest
Authors: Weilu Hou
Editor: Longmin Shen
The video copyright belongs to the authors and is distributed by Stony Finance Lab. With the permission of the authors, we edit and feature the video here.
Stony Finance Lab (stonyfinlab.org) is a community-based network that aim to produce and distribute high quality educational content, promote personal financial responsibility, and help its members to achieve financial confidence and financial independence through life-long learning.
Subscribe to the Stony Finance Lab FREE newsletter for information and resources on events and career opportunities on investing, blockchain, startups, and etc.: https://stonyfinlab.org/
To view past postings on job and career in finance, investing, blockchain and cryptos collected by our volunteers, please visit: https://stonyfinlab.org/blog/
Resources to study personal finance basics: https://stonyfinlab.org/personal-finance/
Center of Entrepreneurial Finance (CEF): https://www.stonybrook.edu/commcms/cef/
Blockchain Business Lab: https://sites.google.com/view/bblstonybrook/
Trading and Investing Lab (TIL): https://www.stonybrook.edu/commcms/cef/TIL/index.php
