3. Remember to think long-term
Investors in their 20s will have dozens of financial
goals over the course of their lifetime—starting a family,
buying/selling property, perhaps selling their business
venture and even starting a new business later in life.
There is one important aspect to consider you have when
you’re young when it comes to planning for long-term goals ... time.
Young investors are in the unique position of being
able to ride the market cycles over the long-term.
It’s all about understanding that the return on your
investments—the gains and the losses—add up over time to potentially grow what you’ve got.
Self-employed Millennials are independent, that’s for sure.
But with a little help
from plans designed specifically for them or professional
advice, they can be independent and hopefully successful not
only in business but in reaching long-term investing goals as well.