Chris Linkas: Invest Young And Live The Good Life Later

Posted on May 5, 2018

Chris Linkas, who has been in the investment business for 20 years, advises that people start their investment portfolio while they are young. By doing so, they will be able to enjoy life as they get older. However, Linkas understands that this may seem like a daunting task to some. He himself started investing while he was young, and has some advice on how to get started.

Linkas fell in love with finance early on and that love for investments, as well as his education, helped him to acquire a leadership role at one of the biggest European credit groups. His education was the key to his success. Education is also the key to making good investments.

Also, by making investments early in life, you are able to take the good with the bad. The market always goes in cycles and the good cycles do not last forever. By investing early, it allows your portfolio to recover from an investment that turns out to be less than profitable.

Do not knock the idea of compound interest because that will make a big difference in saving money. Reinvest the interest that is made on your investments suggested by Chris Linkas. This is money that you will never miss, and it will add up over time.

Young people have a hard time creating a budget and sticking to it, but over time it gets easier. Cut out needless purchases. Do you really need five coffee shop lattes in a day? Just think about the money you can save by cutting out those purchases.

There are other benefits to saving while you are young. Not only will you be able to afford larger purchases and fun things down the road, you will also be prepared for the bumps in the road that come with life stressed by Chris Linkas. You will also be ahead of the game compared to others in your age group. Life will be better.

 

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Categories: Investing


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