Few people can parallel Chris Linkas’ expertise in financial affairs in the county. Chris has been supervising a team of experts that has been dealing with identification of investment opportunities from various parts of Europe. He is, therefore, highly experienced in financial matters and any advice from him on this topic is worth listening to and implementing. Chris advises all people irrespective of their ages.
In all his talks, it is difficult for him to evade advice on investments. This is because he believes investing is the way to gain wealth. His concern about young people is that they are highly reluctant to invest, especially in the stock trading markets. Chris advises that the age of the youth should not be an excuse for not investing. He advises that they should be vigilant in financial matters as early as possible.
The following are some of the tips that Chris offers to young people concerning investing in stocks:
- Reinvesting dividends
Many young people are unaware of the benefits of reinvesting in stocks. This is one of the surest ways earning money without having to worry about the current stock price. Reinvesting enables one to earn money through two means easily. One of them is through earning of interest. This interest is usually compounded on the new figure. Therefore, your investment keeps growing and ultimately you’ll have enough to enjoy in the retirement days.
- Risk at a young age
Chris argues that young people are best placed to risk their capital as they have limited uses. This urge to gamble declines with age when more responsibility is added. It is, therefore, good to try out new ventures at a young age. Some of the most successful businesses today were started at a time when nobody dared to start. Today, they are profitable firms earning millions of dollars for the owners.
- Learn from past mistakes.
Young people are prone to making mistakes due to their aggression when investing. Chris Linkas advises that errors are part of the trade. However, he says that the most crucial bit is learning from them and building on lessons learned.