How to start investing in the early 20s?by Educatemeans🤩
What do you think by investment means buying shares of any company and you will become rich or live a good
In the end, If this article is complete without missing any point, so you will get the answer to the above question, even I will not need any other source.
We will discuss this with three main key points.
1. Childish Investment
2. Golden Period Investment
3. Diamond Investment
1. Childish Investment(K-12)
What I mean is that you are in your school yet, you have not completed 12 yet, I do not know which class you
are in, but you can make the best investment here. How?
Well, what is essential for you at this time means what is necessary? It should not be money or a house or car, maybe it is needed but after 12th but before 12th what is essential?
Your studies and skills mean how you look at things, how sharp your mind is, how your thought process is? So, any problem that will come in the future, how will you solve it? Because big companies like Google and Microsoft need people who are more creative than hardworking who can straightforwardly solve big problems.
Try what you like from now on and what you can leave for him in the future so that you can make a career out of it. If you like to play, you have to know that in every other house the child wants to play, this competition is a lot and here you have to put effort, and then your dreams become a reality. Please never choose a hobby as a career because you like it today; maybe after a few years, you don't like it or don't have a job in it.
Many examples have done a lot at a very young age, so they believe in them and work hard. At this age, you have a lot of time because you neither have to worry about home nor job, then this would be the best time to strengthen your foundation.
I have already covered a complete topic on How to start an independent career after 12th?
2. Golden Period Investment(18-23)
This time is the golden period of your life, know why? Because you have the most energy and spirit, you can
look at the history of all the big companies like OYO, Microsoft, Apple, Flipkart, etc. All these companies were
formed in this golden period, and their valuation today is more than the GDP of any normal country. But why
Because you can take the most risk at this age if you are in college where you do not study, you will have plenty of time to do something big. See, I agree that you should start a job at this age for some time until you get your billion-dollar idea.
Suppose you see such a problem in the market that no one is working or even doing it, but you can do better than that. In that case, you should know that you have to invest your money in starting because no one is going to invest money in you in creating, but if your Idea is terrific and So people will come and invest money in your startup, you will not even need to go to them.
Please, Never stop at Job because life is one
3.Diamond Investment(After 23)
I do not know at what stage of life you are now? I consider that you are doing any kind of job, then what can
you do at this age?. Okay, let me tell you why I called this diamond age because many people already have jobs,
and they have adequate experience. Just as a diamond is severe, a person would be very hard at this age, he
would have listened to many people very much, and he should know his value.
So you have both a job and experience at this time, so you can start investing money from here, meaning you can invest in mutual funds or stocks. I told you about it below. Remember one thing, never stop thinking, don't believe that our golden period has passed, we can do nothing now.
"McDonald's was started by two brothers at the age of 28 and today look at this company of 1000 crores."And you must have read about Ray Kroc , if you have not read, then you will know that no Age is the only number, but all of us are in our hand, and if you want to see the movie "The Founder".You will amaze how ray Kroc, A 70-year-old man who made a company like Mcdonald a world top company.
Difference Between Share Market and Mutual Funds?
Many people have so many doubts about the share market that investing in the share market is risky, or you need
lots of many to invest in the share market, etc. I know you watch an ad where it says, " Mutual funds are
subject to market risk, read all scheme documents carefully." First, Understand that Stocks and mutual funds are
different. To invest in Stocks, you need lots of knowledge and Experience because you can earn lots of money in
a short period, but in mutual funds, you have required little knowledge of funds(which you can take from YouTube
or any senior person) and Time.
When I say time means you have to give a minimum of 1 year to funds. Now talk about money. You can even start investing from 100 rupees. I think that arranging 100 rupees is not such a big deal for anyone.
How to Invest in Mutual Funds?
That is the most common question. So today, I will tell you a straightforward and easy method to invest money
in mutual funds.
Many apps help you invest money, but I trust Groww because it is straightforward to invest in mutual funds through Groww.
What do you need to invest in your first mutual fund?
1. Bank Account
2. Pan card and Aadhar card
You can also do your Free KYC and Open your Demat account through Groww. It is free to invest in mutual funds through Groww.
I hope you will start earning through them. Always remember, everything needs investment and Hard work. So never hesitate to invest in you because it multiplies your income more than 100x Time when you invest in yourself.
Note: Many people around you give you jobs like Data Entry & All, and after that, they ask you for subscription fees. Never pay any subscription for them because they are fraudsters, and They give you work after that, which is impossible to do. I made a complete Video about these Frauds with live Proof. Watch that Video.