Although terms such as stock portfolio and investor seem to naturally conjure up images of bespectacled, silver-haired CEOs, the truth is anyone with disposable income can become an investor and start a stock portfolio. This is a truth that long-time financial expert, Chris Linkas, likes to drive him, especially to young people.
Oftentimes, young adults, just emerging from college, or the military, lack a specific savings strategy. “Time for that later” is the likeliest response of most, and one with which Linkas would be apt to disagree with. Having entered into the world of finance in the early nineties, right when the savings and loan crisis was enveloping the U.S., Linkas understands that there’s money to be made, whether or not the economy is doing well, and procrastinating is not the answer.
In fact, there are numerous advantages to be gained by those choosing to invest early. The sheer luxury of time allows youthful investors to start small. By putting their money into relatively safer investments, sizeable nest eggs are earned over decades, as interest compounds regularly on already accrued interest. While nest eggs grow bigger, skill sets sharpen, financial ones proving themselves to be no exception. As budgeting abilities get better and fiscal instincts grow keener, young investors may tire of merely watching their retirement egg fatten and their personal circumstances improve (https://www.discogs.com/artist/2617983-Chris-Linkas). Instead, they may decide that it’s time to tackle the more volatile side of the stock market.
As the head of an investment group with interests spread throughout Europe, in areas as distinct as shipping, corporate savings, renewable resources and commercial real estate, Chris Linkas understands the need to branch out, to diversify and take some risks. Starting young affords stock buyers the opportunity to try some riskier ventures, thereby experiencing the heady possibility of a big return, or conversely to recover from a loss, should that prove necessary. Whether one manages to latch onto the next big thing, or simply continues to faithfully add to the same reliable investments, month after month, any struggling twenty-something can aspire to become a well-to-do sixty-something. The key, according to Linkas, is to stay alert and opportunity-ready.