ArtsAutosBooksBusinessEducationEntertainmentFamilyFashionFoodGamesGenderHealthHolidaysHomeHubPagesPersonal FinancePetsPoliticsReligionSportsTechnologyTravel

When should you begin investing?

Updated on August 11, 2013

Many people, especially those in their twenties, think that they are too young to begin their investments. They say that they want to enjoy their lives and so, investments do not form a part of their agenda. But, this is a wrong notion because while they can spend and enjoy their lives, they should divert a part of what they earn towards investments.

It is unfortunate that elders are not imparting the right kind of financial literacy into the minds of young people. So, when these young people face problems in their lives, they are clueless as to how they can surmount those problems.

Age is not a criterion for saving. Those who start early will derive more benefits but, this does not mean that those who are past their prime age should not save. They should also learn about the various investment opportunities and park their surplus funds in the ones that are suitable for them.

Life can throw surprises and the money saved can be of immense help to come out of such shocks without any hassles. If you want to know when you should begin your investments, the answer is "NOW."

You may be a professional, an entrepreneur, a part-time employee or a trainee. But, whatever may be your occupation, you should save a portion of what you earn. You should choose those avenues that suit you. Unlike in earlier times, you have several options for saving money.

Let us look at some of the choices you have.

- Those who want to invest their money safely can opt for Recurring Deposits with banks. You can also choose The Systematic Investment Plans or SIPs. These options are easy as well as safe. If you have slightly bigger amounts, you can park them in fixed deposits.

- Share market investments can earn you very good returns but, they are risky also because of the volatility of the market. The same point holds good for Forex investments also. Especially, if you are past your prime age, you should never take big risks in the equity and Forex markets. But, there are ways to invest safely in these options also. The only point you should remember for making safe investments in these markets is that you should never lose more than you can afford. If you borrow money for investing in them, you are doing so at your peril.

- Mutual Funds can be a good option but, you should do your research carefully and choose those funds that can get you good returns. Nowadays, ETFs or Exchange Traded Funds are also becoming popular. You can choose the appropriate ones for earning a good income.

The reason for suggesting that you should begin your investments when you are young is that your risk-taking capabilities will be higher than those who are past their prime age. Further, the disposable income of young people will be more also because they may still be single. Even if they have been married, they may not have big families to support.
Another valid reason for suggesting that people should start investing at their young age is that young people will have more benefits because their investments will grow substantially, thanks to the concept of compound interest.
Young people should develop the habit of budgeting because this habit will help them to find out ways for making their investments. Even small steps like avoiding eating out, etc. will positively impact their finances. If they look for such ways and start investing their surplus funds wisely, they can amass wealth sooner than they have been led to believe.



    0 of 8192 characters used
    Post Comment

    No comments yet.


    This website uses cookies

    As a user in the EEA, your approval is needed on a few things. To provide a better website experience, uses cookies (and other similar technologies) and may collect, process, and share personal data. Please choose which areas of our service you consent to our doing so.

    For more information on managing or withdrawing consents and how we handle data, visit our Privacy Policy at:

    Show Details
    HubPages Device IDThis is used to identify particular browsers or devices when the access the service, and is used for security reasons.
    LoginThis is necessary to sign in to the HubPages Service.
    Google RecaptchaThis is used to prevent bots and spam. (Privacy Policy)
    AkismetThis is used to detect comment spam. (Privacy Policy)
    HubPages Google AnalyticsThis is used to provide data on traffic to our website, all personally identifyable data is anonymized. (Privacy Policy)
    HubPages Traffic PixelThis is used to collect data on traffic to articles and other pages on our site. Unless you are signed in to a HubPages account, all personally identifiable information is anonymized.
    Amazon Web ServicesThis is a cloud services platform that we used to host our service. (Privacy Policy)
    CloudflareThis is a cloud CDN service that we use to efficiently deliver files required for our service to operate such as javascript, cascading style sheets, images, and videos. (Privacy Policy)
    Google Hosted LibrariesJavascript software libraries such as jQuery are loaded at endpoints on the or domains, for performance and efficiency reasons. (Privacy Policy)
    Google Custom SearchThis is feature allows you to search the site. (Privacy Policy)
    Google MapsSome articles have Google Maps embedded in them. (Privacy Policy)
    Google ChartsThis is used to display charts and graphs on articles and the author center. (Privacy Policy)
    Google AdSense Host APIThis service allows you to sign up for or associate a Google AdSense account with HubPages, so that you can earn money from ads on your articles. No data is shared unless you engage with this feature. (Privacy Policy)
    Google YouTubeSome articles have YouTube videos embedded in them. (Privacy Policy)
    VimeoSome articles have Vimeo videos embedded in them. (Privacy Policy)
    PaypalThis is used for a registered author who enrolls in the HubPages Earnings program and requests to be paid via PayPal. No data is shared with Paypal unless you engage with this feature. (Privacy Policy)
    Facebook LoginYou can use this to streamline signing up for, or signing in to your Hubpages account. No data is shared with Facebook unless you engage with this feature. (Privacy Policy)
    MavenThis supports the Maven widget and search functionality. (Privacy Policy)
    Google AdSenseThis is an ad network. (Privacy Policy)
    Google DoubleClickGoogle provides ad serving technology and runs an ad network. (Privacy Policy)
    Index ExchangeThis is an ad network. (Privacy Policy)
    SovrnThis is an ad network. (Privacy Policy)
    Facebook AdsThis is an ad network. (Privacy Policy)
    Amazon Unified Ad MarketplaceThis is an ad network. (Privacy Policy)
    AppNexusThis is an ad network. (Privacy Policy)
    OpenxThis is an ad network. (Privacy Policy)
    Rubicon ProjectThis is an ad network. (Privacy Policy)
    TripleLiftThis is an ad network. (Privacy Policy)
    Say MediaWe partner with Say Media to deliver ad campaigns on our sites. (Privacy Policy)
    Remarketing PixelsWe may use remarketing pixels from advertising networks such as Google AdWords, Bing Ads, and Facebook in order to advertise the HubPages Service to people that have visited our sites.
    Conversion Tracking PixelsWe may use conversion tracking pixels from advertising networks such as Google AdWords, Bing Ads, and Facebook in order to identify when an advertisement has successfully resulted in the desired action, such as signing up for the HubPages Service or publishing an article on the HubPages Service.
    Author Google AnalyticsThis is used to provide traffic data and reports to the authors of articles on the HubPages Service. (Privacy Policy)
    ComscoreComScore is a media measurement and analytics company providing marketing data and analytics to enterprises, media and advertising agencies, and publishers. Non-consent will result in ComScore only processing obfuscated personal data. (Privacy Policy)
    Amazon Tracking PixelSome articles display amazon products as part of the Amazon Affiliate program, this pixel provides traffic statistics for those products (Privacy Policy)