Thirty-five years old: yet no investment
January 17, 2022
what is the right age to have an investment?
As I observe nowadays most young adults find opportunities to start investing may it be in cryptocurrency or stock market etc. Which is a good idea, for them to earn money to sustain their needs. Investing at a young age is the best decision one takes in his or her life.
My sponsor thank you!
The earlier you start in your investing journey there is the big chance of success in achieving your goals and dreams in life because even you failed there is still time to cover up those losses that you're investment portfolio facing.
As for me, I am still chasing my goals and dreams in life, though at a young age im already working but then because of the lack of knowledge on how to generate or where to invest my money it ended up nothing up until this point.
How important to have an investment?
At some point in our existence, time will come that we are no longer available for work we don't have the energy or power to create something and when that day comes wouldn't be nice to know that we created a way to support ourselves without to burden to our families and relatives as we all know that at this point if you are no longer benefited then they don't care for you anymore.
At my age, is it already too late to have an investment?
No matter how old we are it's never too late to do something if we know already where we going to put our money then now is the time to invest no matter where you are in life now but only to be reminded that we must also avoid deals that are too good to be true.
To have an investment is not about you getting rich just like, Elon musk or Jack ma, etc. It's about having financial freedom, and it's about having a financial safety net in times when we no longer have to go to work, it's for retirement purposes.
Furthermore, even im now in my thirties, yet no investment but im not losing hope, im still striving hard though I can not change what I've already done in the past year's,but there is in our hands we are the ones to create for our future to be a better one.
Therefore, age is not a barrier to investing though there are advantages when you start at a young age compared to when you're in your thirties and so on.
Closing words
,
To all young adults nowadays, I always told also to my 13 years old daughter that if there is a chance to start investing at an early stage then grab it because the earlier you start the easier it for you to build wealth may you face difficulties to investing early in life as you don't have enough capital, then start investing in smaller amounts.
Note: I am not a financial expert it is only my finance information and not intended to provide financial advice.
Thank you for reading!
Lead image from Unsplash
I observed now a days Sis na ang daming kabataan na ang nag iinvest which is good naman para at least mas mapalago nila, and you're right there's no age sa pag iinvest, ang kailangan lang natin maging careful kasi ang daming investment scam