How to Invest Young

Start early and use the time advantage you have in hand to learn, research and build your future.

Save or invest your money automatic! You need to have a plan to do so. If you work and your company offer 401K plan you can start contribute toward your future by automatically contribute to your retirement plan every month from your paycheck.

Pay yourself first Pay yourself first! Save some percentage of your income every month in separate account before you use it for anything else. If you don't do this you may end up spending all of your money. Then in the future you can use this account to invest in real estate, businesses, paper asset, etc.

Invest your time Invest your time to learn! There are many different investment vehicle out there. You need to invest your time to learn before you invest your money.

Learn to invest your money Learn about trading stocks, options, commodities, index, volatility, etc. Learn about real estate investment such as rental houses, apartment, commercial property and other income producing properties.

Building a business Learn about building a business base on your hobby or your interest! In example if your hobby is writing and traveling then you may can start a blog about traveling. If your hobby is art and craft you may can sell them offline and online. In the future you can monetize your blog or have your own art and craft store offline and online (e-commerce).

By ehow.com