It’s said that time is money, and nowhere is that more true than investing. At Scout Asset Management we pride ourselves on working with younger savers to develop programs that put them on the right investment footing as early as possible.
The way younger people think about saving, investing, and the future looks quite a bit different than previous generations. Today’s young investors are more concerned with the security of their financial future than ever, and facing greater hurdles to achieve it.
Albert Einstein once said that “Compound interest is the 8th wonder of the world. He who understands it, earns it; he who doesn’t, pays it.”
Compound interest is key to a successful investment strategy, so it’s one of the first things we go over with our clients. Compound interest reinvests the growth of your funds back into themselves, meaning there’s more to earn interest from each time you calculate.
We’ll work with you to evaluate where you are today and create a detailed plan toward the retirement you envision for yourself
One of the most powerful things in investing is time. Building good money habits and consistent savings early on can help young investors weather the uncertainties of the future.
Investing is a great start in planning for the future, but diversifying those investments can make all the difference in the long run. We help young investors choose diverse stocks that give their financial plan resilience and flexibility.
Putting the right investments in the right account (ex. saving in a traditional 401k vs. a Roth IRA) is a very important consideration. Our young clients learn the ins and outs of these decisions as we build a plan together.
Investing is tough enough as it is. Minding the cost of an investing strategy is something that is definitely controllable and a good habit that we work to until with all of our clients.
With the right guidance, having a good financial plan in place can make a huge difference in your quality of life. Here are just a few of the ways we help our clients create the future they want for themselves and their families.
Defining the true value of investing, interest, and the tools of the trade.
Planning and ongoing retirement management built around your goals.
A sentence about getting you to click here. What are your investment goals?