Here are five steps to start investing this year: 1. Start investing as early as possible Investing when you’re young is one of the best ways to see solid returns on your money. That's thanks to compound earnings, which means your investment returns start earning their own return. Compounding allows your account balance to snowball over time.
How to start investing in 2024?
There are four simple steps to start investing in 2024: Choose an investment account, set a budget, decide on an investment strategy and pick the investments that fit your goals.
Should you invest in a first investment?
Investments like individual stocks, real estate or alternative assets can be great complementary pieces later on, but a first investment should give you a diversified base to build from and help you gain comfort in the investing landscape — not require you to learn about a whole new industry or how to plumb a bathroom.
