From now on, the image of an investor is now changed. This image of a person in his forties and older is now discarded, but also that large investments only interest profiles exceeding 50 k € is no longer that theory. From now on, more and more young people are investing, aware that financial independence must be acquired as soon as possible.
It all starts with the bank booklet, it’s the base! It is the best way of safe and consistent investment. The amount invested is not necessarily huge, but it is highly recommended to buy life insurance early and a savings plan in action. The advantage of these stocks is promising, because the more years you spend, the more you invest in the value of your investment.
Real estate, a means of placement now accessible to young people
For those who want to go beyond savings accounts, the real estate world is now more accessible to young people or even students. But it is worth remembering that: who says placement says risk. The taxation, as well as the various costs are to be taken into account, before placing in this sector. There are still solutions to help a young person wishing a higher income especially in the real estate sector such as:
The purchase of real estate in Toulouse: an easy solution has been adopted by the banks, so that young people benefit from loans for the accession of a property as a first-time buyer. A zero credit rate accrued by SAP (Social Accession Loan), as well as the state premium can also be offered according to your ELP. The only flip side of the coin, this investment commits a long-term bank loan, which for a youngster is yet another fight.
In the short term, what are the alternatives?
A short-term return is always the priority for young people wanting to make money faster. The important thing is to invest and harvest as quickly as possible, there is no question of blocking funds too long.
Still in the field of real estate, the trend is currently crowdfunding or crowdfunding. The advantages for a young investor are numerous as the fact of being able to invest a minimal sum (from 1000 €) and allow to perceive higher rates of return than the SCPI or other habitual investments. Another advantage of this concept is the repayment term in the short term, which is 24 months maximum, and may also have advantages in terms of taxation.
The stock market, like big ones!
Before starting, it is strongly advised to understand how the stock market works, and then to master it. For example, start with a simulation account to familiarize yourself with trading, then operate on easy stocks such as buying stocks such as the UCITS, then start on solid stocks that last in the medium term. The stock market is an area for the most discerning, beginners: go your way!
And why not in the web partnership?
Highlight your knowledge, invest in a “thing” that you like, that inspires you, that fascinates you! Develop your personal project and put it all in your blog. The goal is to have a maximum of visitor then to exchange between enthusiasts.
In short, investing is now accessible to young people, with the aim of generating income in order to prepare for the fight of life and acquire financial independence as soon as possible. Investing is a big word, the risks are not ruled out, just know the field of play.