This post may contain affiliate links. Please read my disclosure for more information.
When I first started learning about investing for millennials, it was overwhelming. All these different terms were thrown around like risk tolerance, bull market, mutual fund, and it was a lot to take in.
After reading through several blog posts, I headed to the nearest bookstore to learn more. There are a lot of beginner-friendly books on getting started with money management, investing for millennials, and getting yourself in good financial shape. The ones I read were great. They talked about budgeting, paying yourself first, automating your savings, and eliminating debt.
Reading up on the topics was great but it felt like something was missing. The books would usually devote a chapter or two talking about investing and the importance of it. Once I had gotten through several of the books and blog posts, the advice all centered on the same key things to remember when investing: pick low-fee index funds, consistently contribute to your brokerage accounts, and have a passive, hands-off approach to your investments (a.k.a don’t pull your money out when the media tells you the sky is falling).
The advice was good. Although I was never sure exactly who the advice was aimed at. It was for money management newbies for sure, but what age group? Millennials? Gen X-er’s who need to catch up on retirement contributions? I was never fully certain.
There are articles on the interwebz about investing for millennials, but the articles were short and would usually talk about one part of the investing equation: what to invest in, where to invest, setting up a brokerage account, and what the heck a “brokerage account” even was.
I didn’t find many resources putting all of the information together. A resource showing how investing doesn’t have to be scary and how to get started and set yourself up with a passive investment portfolio filled with low-fee index funds. The kind of portfolio many investors recommend, including billionaire Warren Buffet.
Talking with friends, acquaintances, and strangers, I noticed a common theme emerge. Millennials had a vague idea of the importance of investing but they were still reluctant and confused.
I know investing is important but I’m afraid of losing money and I don’t have a gigantic sum of money to get started.
Well, I created a resource to help fellow millennials out.
The Investing 101 For Millennials course is a free 7-day email course that walks people through all the investing basics.
- investing myths
- compound interest
- developing a mindset to not be worried when the stock market has a downfall
- and more
The course even has videos to talk more about investing topics. If you’ve been wanting to learn more about investing but have been stuck in confusing lingo or scared to get started, click the image below to learn more about the course.
See you on the inside!
Investing For Millennials FREE 7-day email course. Pin for later.
Colin // RebelwithaPlan
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