Chris Linkas is the European head of credit at a UK-based investment group. He has over 25 years of experience in the finance industry and has worked with a number of the world’s top financial companies. This has given him a wealth of knowledge, and he is divulging it to the newest generation of investors known as the millennials. He places a particular emphasis on principal investments that are opportunistic in nature. He believes that a number of young entrepreneurs and today’s youth put off investing for far too long. Chris Linkas believes that people in their 20s should spend a significant amount of time pondering investment opportunities regardless of their finances.
Chris Linkas has investment experience across numerous countries including the United Kingdom, Ireland, Switzerland, Germany, France, Italy, Greece, Spain, and even Scandinavia. Young people are in the perfect opportunity to begin investing as they are not nearing retirement. This means that they do not need to have great financial strength in order to begin investing. Young people should reinvest the profits that are created by dividends and interest over time in order to grow their long-term wealth. You are able to accrue significant amounts of capital by reinvesting your interest and dividends over time.
Compound interest is one of the most powerful forces in the financial world. A single $10,000 investment at the age of 20 could potentially grow to be greater than $70,000 over 40 years assuming a 5% interest rate (http://reporterexpert.com/chris-linkas-talks-to-millennials/). It is possible that you can experience even greater than 5% interest rate particularly if you are investing for that long of a time period.
The younger you are the more acceptable it is to take on risk. However, it is important that you do not put all of your investment capital in risky investments as no matter what age you are it is not a good idea to put yourself in a position where you can lose the majority of your investment. One of the primary benefits of getting investing at a young age is that you’re able to recuperate any losses that you sustain due to your inexperience.