Gawker recently posted an article about how young people will “probably never earn enough to lead the life [they] want.” The numbers listed were dismal, but sources also made it sound as if Americans ages 18 to 34 are still optimistic about their futures. I’m usually pretty cynical when it comes to this topic, but one comment on the post caught my eye:
Investing investing investing! My husband and I are 24 and 23, we are both immigrants who grew up in the ghetto eating white bread and cabbage soup every day and now between the two of us, we’re worth over $100,000. Invest early, invest now.
As a typical American who wants more money than I have, this statement gave me some small hope for a financial future. But investing seems like such a complicated venture to get into! Do you have to have someone handle your investments for you? How do you know what to buy stock in? How are you supposed to play the whole Wall Street game? Will Michael Douglas be there?
I’m certainly interested in finding out, but as a numbers-fearing woman, taking that first step is going to be hard. So tell me, Lovelies, do any of you have any investment experience? If so, what advice do you have? If not, would you think about investing?