BVC AW Blog

Older people often give younger people advice about investing.  One of the biggest misconceptions, and the one that is often told, is that when you are younger you can take a lot more risks because you have more time to recover.  But there are several flaws with this thinking.  The first is, younger people often make a lot less money when they are young than their older counterparts.  Therefore, if they lose in investing it’s going to take them twice as long to make it up.  Second, since younger people make so much less, they risk investing with money they need to live on.  Third, riskier investing only pays off when you understand the risk.  Most younger people when hearing the advice will sporadically enter the market and make really stupid mistakes.  Why not take the time to learn the proper way to invest and employ proper money management?

Young people should how to invest as a college student.  There are many resources that can help, including the content of the article within the link.  There is no excuse for young people not to learn the right way to invest.