Don’t want to invest? So what.

Posted by: Jan@Bicycle, Thursday, Oct 06, 2016

A recent survey shows that millennials aren’t investing. Nearly four out of five 18 to 34 year-olds surveyed say they find investing confusing, or can’t relate to the stock market, or think investing requires gobs of cash.

If this is you then I have two words for you: SO WHAT?

That’s right. So what. I’m asking you to push your feelings aside and leap in. Why? Because if you don’t put your money to work you probably won’t reach your goals. Don’t have any financial goals? It’s never too early to set some. All that boring stuff you read about saving for retirement? It’s really true. Even though it may be decades off, it’s out there. And the best way to reach that goal is to save and invest.

Which begs the question, is there a right way to invest? Turns out there is. Don’t waste your time picking stocks. Buy a Target Date Fund that keeps your money balanced and diversified.