Connect with us

Hi, what are you looking for?

Business

Why You Should Start Investing Now

If you’re wondering if you should start investing, the time is now! Now, it may seem scary after the year we had. Last March, the market dropped as the pandemic raged, people lost their jobs, and the world was thrust into uncertainty. People began to panic, and because the market is tied to our emotions and feelings about the world, many stocks dropped, from airlines to movie theaters to Netflix! But, Netflix bounced back and then some along with Amazon and other services. The economy may still be on lockdown, but it will open up again soon. This anticipation is affecting the market positively, and we all should be taking advantage!

Young people and money

Millennials and Gen-Z have adopted a different kind of mentality when it comes to money. Young people don’t want to wait around for someone to save them financially. They are learning about financial literacy and wealth-building all on their own, and because of this, the stock trading app, Robinhood, saw record numbers of new investors in 2020. Not to mention, Robinhood itself is considering going public. This could be a great investment opportunity for young investors everywhere. Even when it comes to investing away from the stock market, Millennials continued to take control of their money through real estate. Black Millennials especially saw a higher uptick than all other categories in home buying. The time is now to control and grow your financial future.

The future of money

The final reason you should consider investing now is inflation. Some economists are warning that the end of 2021 could bring about some pretty significant inflation. One way to protect your money during this time would be to invest it. Sitting in your bank account, your money may lose value, but invested, the value will rise with the market. Investing could protect your money, not just for the next year, but for the next five years. If you’re just starting out, consider looking up Robinhood, Acorns or Stash in your app store. These are all tools that can help you start your investment journey. 

18 hours ago
Texas has been giving California and New York a run for their money. But the recent power grid failure is a canary in the coal mine for its long-term issues.
@grassoroots

https://t.co/zV1oEPM5Pz https://t.co/icQVkgsJnK
19 hours ago
AI And Healthcare: What Is The Greater Impact? https://t.co/nbZjDIsP4v via @YouTube
21 hours ago
What Is Artificial Intelligence? Let's Break It Down For You. https://t.co/NzRjqg5lVY via @YouTube
22 hours ago
If you don’t know what’s going on in the world, here’s a little rundown✅ https://t.co/bIWADxPYkW
2 days ago
Black Entrepreneurs Are Underfunded – Here’s How to Help - https://t.co/qm20hHb01E

You May Also Like

Business

Have you ever heard that Denmark is the happiest nation in the world? In this segment on happiness, we hear from our guest host...

Bold TV

Welcome back to Bold TV! Join our hosts, David Grasso and Julia Sun, and watch live at 12PMEST on Facebook and Twitter. *Update: Watch...

Opinion

I am a Robinhood user. I downloaded it to enter the world of investing. Some of my friends from college recommended it because it...

Business

Zillow’s recent site updates caused a glitch that removed reviews and sales from realtor profiles nationwide, possibly taking away credibility and the prospect of...

Copyright © 2021 Bold TV