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Data: 50% of millennials are waiting to invest until they earn more - Business Insider

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It’s never been cheaper to start investing, and time in the market is an advantage that can’t be overlooked. Presented by Fidelity MasterYourMoney

Two crossed lines that form an 'X'. It indicates a way to close an interaction, or dismiss a notification.In Business Insider and Insider Intelligence's Master Your Money Invest & Thrive Survey, millennials across all income levels say they aren't investing because they don't think they earn enough money.

Waiting until you have "enough" money to invest is dangerous, because it shortens your time horizon, increasing your risk at the same time. Of course, you need money to invest, too, but probably less than you think. The financial barrier to entry is the lowest it has ever been. Some of theJust starting to invest, no matter the dollar amount, means your money has time to grow — and that's crucial.

 

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