Gen Z Save, Invest, Retire
The internet generation is having it good. It's a lot easier for the digitally savvy to make money compared to past generations. So, there's little justification for young people to borrow to invest in stocks, unless they are very sure that the ROI will be higher than the debt interest rate. In the case of stocks, it's almost impossible to predict.
The good news is, Gen Z or even Gen Alpha, have a much higher chance of accumulating wealth early. Start putting away part of your part-time job savings into equities.
Do your due diligence and learn how markets function. Reinvest your profits, keep the capital. Scale gradually as your earnings grow. Do not be greedy wanting to make a lot in little time. Have a plan and target for financial independence that will motivate you to be more vigilant and intelligent with your investment.
I'm still learning. Let's learn together, not with debt but with our savings! ![]()
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only.
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DeeOnlyWant : Good startIng point.
Susan Bertolino : I think it's important to conduct due diligence and understand how the market works
aoimizu OP Susan Bertolino : Agreed! Paper trading is useful in that sense. Or try cheaper investments first.
moom lives : Have a plan and target for financial independence that will motivate you to be more vigilant and intelligent with your investment.