Invest in Stocks Another way to start building wealth as a young adult is to invest in stocks. While stocks can be a volatile investment — meaning they can increase and decrease in value rather dramatically at times — overall they have a great long-term record. Plus, if retirement is decades away, you have plenty of time to ride out any ups and downs of the stock market. Unsure of which stocks to purchase? Then you might consider investing in companies that you know and like. For instance, if you’re a fan of Starbucks, consider buying some of its stock — and know that every latte you buy is helping your stock values stay strong. Consider Crypto Investing in cryptocurrency is another way to start saving for retirement. While crypto has a well-deserved reputation for its volatility, there are several ways to make money with it. For instance, once you purchase crypto, you can hold onto it until you see its value rising before selling it and making a profit. Use the profit to either purchase more crypto, add more to your stock portfolio, or contribute more to your 401(k). Investment 54 Finance Monthly.
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