#117: 6 Signs You’re Ready to Start Investing

The CGS Team

There’s no denying that investing is one of the best ways to build true wealth.

You can save money your entire life, but nothing beats the power of compounding interest returns that come through investing.

Seriously, I’m talking historical returns of 10%, regardless of federal interest rates.

So, it’s no longer a matter of should you or shouldn’t you invest but are you ready to start investing.

In this episode, I’m sharing 6 signs you’re ready to take your finances to the next level and start investing.

Even if it’s on a small scale, the power of investing is unmatched.

Here’s a glance at this episode:

[01:45] Raya shares how a 25-year-old can become a millionaire at retirement by contributing $300/month to a retirement plan.
[05:45] Have a plan in place to pay off your debt or pay it off completely before you aggressively start to invest.
[09:34] Not sure if you’re contributing to a retirement plan? Check your pay stubs! You can also contact your HR department.
[14:21] Having a “Build Wealth” goal is a great place to start when it comes to investing, especially if you’re unsure of what your long-term goals are.
[18:19] Just like any other subject, the more you familiarize yourself with investing, the more comfortable you will become with it.

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