New investors are seizing their 'greatest money-making asset,' expert says: But here's where they fall short. (via CNBCMakeIt)
By getting into markets sooner rather than later, younger investors are capitalizing on an important tool, says Ed Slott, publisher of IRAHelp.com. After all he says,The other 14% may have been a little too enthusiastic to begin with, says Jesse Cohen, senior analyst at Investing.com. "A lot of first-time traders jumped in on these risky meme stocks and got burned, if you will," he says.
Historically, over long periods of time, stock markets have tended to trend upward, although there are no guarantees. Still, the, the more time you have to take advantage of compounding growth in your investments.
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