Starting to invest early is crucial for building wealth. Simply saving money is not enough, investing in the market is necessary to make your money work for you.
For regular people, there are two main avenues to begin investing: a taxable brokerage account or tax-advantaged retirement accounts.
If you do not have a taxable brokerage account, there are many online brokers available to help you get started.
If you have a 401(k) account, consider also opening and funding an individual retirement account (IRA).
Investing may seem daunting, but it is important to begin sooner rather than later. Start with small investments, take advantage of educational resources, and most importantly, regularly contribute to your investment accounts.
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