The best first investment for someone in their 20’s is to learn a good contrary investing system that will make very high profits, is safe, and half of your profits will be in cash so it doubles as an emergency fund.
Being in your 20’s, you have the advantage of having many years to compound your money.
I have one stock portfolio with 10 Dow Jones stocks I started in 1993.
That portfolio has grown from $15,000 to over $155,000 in 24 years. Think about that for your current age and future goals.
Consider, that includes the dot.com meltdown in 2001-2003 AND the financial meltdown in 2008-2009.
My contrary investing method loves bear markets. That’s because we are buying at extremely low prices and waiting for the bull market to return. Then we have many more shares going up.
One example out of many: You could have bought American Express for $9 a share in 2009. 8 years later in 2017 that same share of AXP sells for $99 a share.
One secret to my method that is perfect for Millennials is to use the 52-week high and low trends for a particular stock. Ask me how, read one of my books, or get the first year free for my monthly newsletter and you’ll learn what you need to know.
Disclaimer: The author of this article is not an investment adviser and gives only his personal view and opinion, never making any investment advice or recommendation to buy or sell specific securities. Investors in financial assets must do so at their own responsibility and with due caution as they involve a significant degree of risk. Before investing in financial assets, investors should do their own research and consult a professional investment adviser.
Contact me at email@example.com and I’ll be glad to tell you the best way for a 20-something person to start investing based on my 30+ years of experience earning profits in the stock market.