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Investing can be an overwhelming and daunting task when you’re young and first starting out with your investments. But are young people today turned off by investing after seeing our parent’s nest eggs deteriorate in front of our eyes? Or do we live in a world so focused on the here and now, that planning for the distant future seems like a nonessential task.
Investing in your retirement has never been more important than it is now. With the current state of the economy, there’s not much of a reason to have faith that you’re social security payments will provide much stability to you in your golden years. With the rising costs of living and pretty much everything else, social security contributions can’t and won’t keep up with inflation, and what may barely pay your bills now certainly won’t pay them when you’re 65.
After speaking to various older coworkers and family members, I’ve come to the realization that it’s not only the younger generations that need a crash course in personal finance — many of the ones closing in on retirement need a refresher course too.
Vanguard has a cool new video series up on their website right now which talks about how to make the most of your investing ventures. Their reassuring voice couldn’t come at a better time, considering many people’s hesitancy to trust the market right now. Keep on reading for their four part video series which focuses on controlling your investment costs, managing risk, choosing the right investments, and the benefits of long-term investing.


