How would you evaluate your knowledge about investing? Take a deeper dive into investing by reviewing our articles that discuss a variety of topics, including college savings, mutual funds, stocks, portfolio diversification, IRAs, estate planning and more.
Financial assets are contractual assets that derive their value from ownership claims. Examples of financial assets include stocks, bonds, mutual funds, cash, checking/savings accounts, and certificates of deposit.
To start investing in your 20s, begin by setting aside a portion of your earnings regularly into an age-appropriate diversified portfolio, consider tax-advantaged accounts like 401(k)s and IRAs, and automate contributions for consistency and long-term growth.
Learning investment terms is essential for navigating the world of finance and making informed investment decisions, enabling individuals to understand and participate in the complex realm of stocks, bonds, and other financial instruments with confidence.