You’ve got your first job fresh out of college, and with it comes a whole slew of adult-feeling moments, obligations, and responsibilities. It can be scary and confusing. But one thing that isn’t scary, saysAssistant Professor of Finance Dan McKeever, is thinking about retirement.
Where should new investors begin? Should you pay off student loans before investing? And what are some red flags of a students and beginners wondering what to buy, his answer is “all of them,” a big, broad, low-cost index fund. His advice also stresses starting as early as you can and only with what you can spare. “The longer that you can spend participating in the stock market – especially if you can avoid touching it – the better off you will be,” McKeever says.
2. What investing mistakes should beginners watch out for?
Patience is key. But McKeever also warns against “selling your winners and holding your losers.” Young or <a https: width="640" height="360" frameborder="0" allowfullscreen loading="lazy" style="max-width:100%;">
