 Invest
Dear Lauxa,
I am not going to give a lecture on the topic, simply because there is so much to be said.
However, I will say this:
(1) Educate yourself (try Charlie Munger's classic, Poor Charlie's Almanack)
(2) Once you have wisdom and confidence, invest your own money -- I do it and my own investments perform much better than my ridiculous mutual funds. I actually started *before* I had true financial confidence, but I did know I could probably do it better than the pros -- which I have done consistently.
(3) Save all that you can and invest it. Whatever anyone else says, compound interest is simply amazing. Get wise about money, save, and invest -- and literally watch your money multiply. It will take a few years before you start to see the real growth, but it will happen. |