April 24th 2008
Teenage Investment Strategy
I don’t know your financial situation or what you dream of doing in your future. But if you’re like most teenagers, you have a specific high-dollar dream in your immediate future, whether it’s a car, a college education, or even a three-month overseas mission trip after you graduate from high school. Whatever your next big financial goal, this four-step strategy can help you reach it.
1. GO FOR GROWTH
Your number one investment goal is to make your money grow. Right now you have few expenses compared to your income. But soon you’ll be paying for cars, education, furniture, entertainment, clothes, food, housing, medical expenses, and a thousand other things that someday will obliterate your paycheck. Make the right investments now, and your money will grow substantially until you really need it. Continue Reading »