If you are in your 20s, you have some of the advantages that those in
their 30s, 40s and 50s do not have. Here are some we list out for you.
- More Time
Either you are in your college or university, or you just stepped
into society and start your career, you have considerably more time than
those in their 30s, 40s and 50s. As a university student, you
definitely have plenty of time to study and explore stock market. After
your daily lectures and assignment doing, you have plenty of time to
study stock market. You are able to monitor stock market up and down
because you don’t have to work 9 to 5. This allows you to familiarize
yourself with market behavior in response to different situation. This
is an exclusive advantage for university student.
For those who just started your career, although you don’t have the
chance to monitor stock market in between 9 to 5, you still have plenty
of time after your work or even during your weekends. Your workload is
comparatively lesser than those that have worked for more than 4~5 years
and your commitment is also lighter, especially if you are single. You
can utilize these times to read news, financial report and QR. Spend
time in doing something that can bring you fruitful outcomes.
- Fast Learning
This is no doubt another advantage for people in 20s. University
student undoubtedly can absorb new knowledge faster and more passionate
in exploring new things. You also have the unique advantage of excessing
to some fundamental books about theory in business, finance and economy
from your library. For those who just started your career, you are not
so distance from your university life. You definitely still have the
energy to learn and grab things fast. To you, learning fundamental and
technical analysis is way easier. As you invest in stock market, you
also adapt to market behavior quicker because you require lesser time to
understand the mechanism behind it.
- Can Take Higher Risk
In general, people in 20s have less commitment. This allows you to
have a higher risk profile, which means you can try out many aggressive
tactics in stock market. You can try out different tactics like news
play, QR play, contract play and many more that can push up a stock
price in a short term. Normally these tactics come with higher risk and
it may cause you losses if not well managed, but trying out these
tactics will give you good experience and understanding on market
behavior too. These experiences will set a strong foundation for your
investing journey.
- Allowances for Failure
Investing in stock market is subjected to uncertainties that may
suddenly wipe out most of your capital. For people that have a family to
feed and various commitments, such situation is highly undesired. But
for people in 20s with lesser commitment, the tolerance limit for such
undesirable situation is higher. The difficulties to resume are
relatively easier than those with commitment. Furthermore, since the
capital that can be invested by people in 20s is also lesser, the damage
becomes more manageable.
If you are reading this article and you are in your 20s, don’t hesitate anymore.
Visit www.investforlife.com.my to begin your investing journey with us.
http://www.investforlife.com.my/advantages-for-people-in-20s-to-invest-in-stock-market/
