Entering your 20s is a phase of life that is full of both challenges and opportunities. At this age, many of us start looking for direction in life, building a career and managing our own finances. Unfortunately, many young people put off learning about finance, even though this is the best time to start investing.
But the question is, what are the suitable investments for 20-somethings?
Relax, you don’t need to be a financial expert to start. This article will discuss various types of investments suitable for 20-somethings with measurable risk, pocket-friendly capital, and long-term profit potential. Let’s get acquainted one by one!.
1. Mutual funds
One of the best investments for 20-somethings is mutual funds. Why? Because mutual funds are very beginner-friendly. You don’t have to worry about managing your own portfolio, because your funds will be managed by professional investment managers. Simply choose the type of mutual fund according to your risk profile: conservative, moderate, or aggressive.
In addition, you can start investing in mutual funds with a very small capital – even starting from Rp10,000! With such a small amount, you can build your investing habit and familiarize yourself with market fluctuations.
The important thing is consistency and long-term commitment. This is why mutual funds are the perfect investment for 20-somethings who are just starting to learn finance.
2. Stocks
If you want to experience how to really invest, stocks can be an option. Stocks are a suitable investment for 20-somethings who are ready to learn more about companies, markets, and risk analysis. It takes time to learn, but the potential benefits are worth the effort.
In your 20s, you have a long time to overcome market risks. Even if you lose at the beginning, you can still learn and improve your strategy. With consistency, stocks can be one of the suitable investments for 20-somethings who want to achieve financial freedom faster.
3. Digital Gold
If you are more comfortable with instruments that are stable and minimal risk, digital gold can be a suitable investment for 20-somethings. Gold is known as a safe haven asset whose price rises relatively from year to year, suitable for long-term goals such as emergency funds, to marriage.
Now, gold investment can be done online through the application. You can buy gold starting from Rp5,000-Rp10,000 only, without having to bother keeping the physical gold. Because its value is stable and easy to withdraw, digital gold is perfect for those who want to learn the discipline of saving money while developing assets.
4. Time deposits
If you are more comfortable with safe instruments and predictable results, time deposits can be a suitable investment for your 20s. Deposits are deposit products in banks with a certain period of time and fixed interest. Unlike ordinary savings, deposits provide higher returns and cannot be withdrawn at any time without penalty.
The advantage of time deposits is that you can rest assured that your funds are relatively safe, guaranteed by the Deposit Insurance Corporation (LPS), and suitable for short-medium term financial goals. You can choose tenors ranging from 1 month to 1 year, depending on your needs.
5. Invest in Yourself
Among all types of financial investments, don’t forget one very important thing – investing in yourself. Taking courses, learning new skills, building personal branding, or even reading self-development books are suitable investments for 20-somethings that are often overlooked.
The skills you learn at a young age can open up career, business, or additional income opportunities in the future. For example, learning design, coding, digital marketing, or public speaking can increase your competitiveness in the world of work.
Therefore, don’t hesitate to allocate some of your money for self-improvement, because it is a suitable investment for 20-somethings that will continue to provide results throughout life.
Your 20s are the best time to start building a strong financial foundation. Whether it’s through mutual funds, gold, stocks, deposits, or even learning new skills, all can be suitable investment options for 20-somethings as long as they are tailored to personal needs and goals.
You need to know that investing is not about getting rich overnight, but the process of building long-term prosperity.
If you want to start but are hesitant about the risks in investing. You can start with digital gold, because it offers easy access, affordable capital, and security that is not inferior to physical gold.
So, what are you waiting for? Start your first step towards a more secure and planned financial future by investing in digital gold. Practical, affordable, and can be started at any time, digital gold is a smart choice for friends who want to build investment habits early on.
