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

  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 22 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 51%

South Africa News News

South Africa South Africa Latest News,South Africa South Africa Headlines

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.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 729. in ZA

South Africa South Africa Latest News, South Africa South Africa Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Inside McDonald's whirlwind week and how brands are using TikTok - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Source: BusinessInsider - 🏆 729. / 51 Read more »

Easy access to new tech leading millennials to invest during COVID-19 - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Source: BusinessInsider - 🏆 729. / 51 Read more »

My biggest financial mistake was not investing in my first 401(k) - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. Fidelity Investing is hard to take seriously when most options contribute to an unlivable world
Source: BusinessInsider - 🏆 729. / 51 Read more »

3 tips for smart investing, from the head of Schwab's robo-adviser - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Source: BusinessInsider - 🏆 729. / 51 Read more »

Here's how investing apps encourage people to trade more often - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. I like girls....
Source: BusinessInsider - 🏆 729. / 51 Read more »

CEO Sallie Krawcheck's best investing advice during a downturn - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Source: BusinessInsider - 🏆 729. / 51 Read more »