Recently, the New York Times published an article ominously titled: Think Your Retirement Plan Is Bad? Talk to a Teacher.
Hello! Guest writer here. My name is Vivian, and I spent this summer interning at Holberg Financial. I’ll be starting my second year of college at the University of Chicago this fall. As my first internship draws to a close, I’ve spent some time in reflection.
Since the overall market was Dow(n) again today, we felt this post a fitting follow up.
Yesterday's post impressed upon the importance of remaining calm, patient, and rational during a stock market dip. Our tragicomic Chicken Little showed us that we shouldn't rush to act without complete information, nor should we blow things out of proportion lest bad things happen.
I was writing an article for recent college graduates about "dipping your toes in investing" and reminded me that, while the steps are conquerable, investing your first $1,000 takes some impetus and some knowledge. Hopefully, the break down below gives you just enough of both.