What are the best financial tips you can give to young investors?

Mika

VIP Contributor
These days a lot of young people want to and start investing in something lucrative. In order to succeed in business, finance, and investment, these young investors will have to learn from successful people. What financial tips can you give to young investors?

Based on my knowledge and experience, I think young investors must follow these ideas.

If you want to invest in the share market, buy shares from IPO. You can buy a lot of shares for a cheap price.

Do not invest your all savings. Have something in your emergency fund so that you can survive even when you lost your entire funds.

Don’t focus only on one area of business, or just one company invest in various businesses and companies. For instance, buy shares on 3 different companies, or don’t just invest in shares, also invest in real estate
 

Segat

Verified member
Young investors in this context is not defined by age but by how long the specific individual has been taking the risk of investing. However, even though investing is good and lucrative but certain cautions must be taken especially for the young investors, the old investors are not really of great concern because it believed that' they are experienced. The first thing to be considered is that; know that investment is a risk, yes it is a risk that worth taking. As much that taking such risk is a must for growth and progression in life, it must be a calculative risk. Let it be know that investment is not a quick thing so you should not use all your income to the extent that it will affect getting some other things done especially if you are the bread winner of your family. Before investing investigates about where you want to invest your resources.
 
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Davvis12

Verified member
Ahhh investing is really a scary thing. But that's the mindset of a failure so i will work om that.. haha
But as a kid am too interested in online business and the stock market. But alos scared of it.
I've not actually invested in any before but I have a plan to do so.
Am just panicking because its somehow certain that young entrepreneurs are bound to fail at some point what if mine is at the starting point.. very scary thought
 
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Phabbyfundz

Valued Contributor
In my opinion as a young investor and with my little experience as an investor I would say a good advice to give to any investor ,young or old because I know no one is above mistakes and every one is also prone to making losses or mistakes by wrong investment choices.
A good advice to take into considerations is to weigh your risks don't rush or jump into any investment no matter how juicy, or sweet it may look, first weigh the risks of any investment venture.
 
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btaliat

VIP Contributor
A young investor should be determined and focused. There is more things to crash him down more than one can lift him up. So the best thing for him to do is just remain calm even in the face of turbulence. Then he should learn how to be disciplined and not let the pride enter him.
 
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Chibson

VIP Contributor
One of the things young investors should focus on is getting knowledge and understanding of any business venture they want to invest on. It is also very important to learn financial Management and to seek knowledge as I have stated before in order not to waste your money. Financial management is very important.
 
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Kaffyfolla

New member
Firstly if someone which to go into business, he or she need to be oriented in some areas which need to be monitored after he has raised capital, he has to look for locations suitable for his business while some environmental factors has to be considered in sitting business, proper monitoring of employees must be taken seriously, ability to competite with others, and you must be a risk bearer if you want your business to be boomed
 
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Alexandoy

VIP Contributor
When it comes to investing money my first priority is in checking if the platform is legit. I have a story to tell but maybe I have to write a thread about the scam that was really good at the outset. Anyway, the scam site is the nemesis of an investor. With online investment I have to admit that I do not trust any site unless it is registered with the government and certified by the SEC or department of trade.
 
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Jasmine

Valued Contributor
These three point guide for young investors are also useful for old investors. When I say old investors, I mean old by age, and not old by experience, experienced investors already know what they should do while investing. Young investors should invest for long term instead of short term investment.
 
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Sotherefore

VIP Contributor
I will really advise people who are really interested to invest in anything to be sure of what they are investing their money and they should also be experts and understand how the investment is being done. generally it is not advisable for you to give out your money for someone to invest for you .learn everything yourself and do it.
 
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Abigael

Valued Contributor
Those are very good advices shared on this thread. I have learnt so much from it since I am just a young investor too. Indeed one should not invest all money at hand, it is best to remain with some for any emergencies and needs that may rise up. Diversification is also very important in business.
 
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