How Recent College Grads Should Invest Their Money: 4-Step Strategy
So you’ve just graduated from college. Congratulations!
It’s an exciting time in your life as you get ready to enter the workforce. One of the great things about being at the start of your career journey is that you have ample time to figure out the path you want to take in life and where your passions lie.
Time is also your greatest asset when it comes to setting yourself up for a life of investing success.
Thanks to the power of compounding, which Albert Einstein famously called the eighth wonder of the world, the earlier you start investing, the better. According to insurance firm Mass Mutual, a 22-year-old who invests $500 a month will have $2,255,844 by age 65, assuming the stock market delivers an average…