Here’s How Millennials Can Start Investing Right Now
The less involved you are, the better. If everything happens behind the scenes, you’ll be less tempted to make short-term (and short-sighted) changes to your portfolio.
Start investing soon, but don’t get obsessed. Try to set and forget your investments as much as you can.
Human nature compels us to do the wrong thing at the wrong timewith alarming consistency,” said O’Shaughnessy. “The investing public buys at market peaks (think 2000) and sells at bottoms (think 2009), when they should be doing the opposite. If you can remove your emotions from the equation, you’ll do well. As all investors eventually find out, that is much easier said than done