Joe Duarte - The Everything Guide to Investing in Your 20s & 30s

DEAR READER,

I am very pleased to offer this, the second edition of The Everything Investing in Your 20s & 30s Book . Ive been involved with the financial market since 1987, and I wish this book had been available then, for it is truly written for people who want to not just learn about investments but to have a hands-on, how-to guide from which to build a base and grow their wealth.

Lets be frank: the financial markets are influenced more than ever by the rapid spread of information . The markets are evolving on an almost daily basis from constantly shifting politics, changes in trade relationships, and rising interest rates. Thus, prices tend to move rapidly, and investors without the right information and training on how to use that information could face big losses.

But if you have the right information and know how to use it, you can set yourself up for success throughout the rest of your life. Whether you want to learn about the basics of budgeting, mutual funds, stocks, bonds, and real estate, or more complex investing options such as cryptocurrencies, sector investing, college savings plans, and commodities, learning about investing now is essential to building wealth. I sincerely hope you enjoy this book and that it helps you to start your wealth-building on a great note.

Sincerely,

J. Duarte, MD

JoeDuarteintheMoneyOptions.com

These handy, accessible books give you all you need to tackle a difficult project, gain a new hobby, comprehend a fascinating topic, prepare for an exam, or even brush up on something you learned back in school but have since forgotten.

You can choose to read an Everything book from cover to cover or just pick out the information you want from our four useful boxes: Questions, Facts, Alerts, and Essentials. We give you everything you need to know on the subject, but throw in a lot of fun stuff along the way too.

QUESTION

Answers to common questions.

ALERT

Urgent warnings.

FACT

Important snippets of information.

ESSENTIAL

Quick handy tips.

We now have more than 600 Everything books in print, spanning such wide-ranging categories as cooking, health, parenting, personal finance, wedding planning, word puzzles, and so much more. When youre done reading them all, you can finally say you know Everything!

PUBLISHER Karen Cooper

MANAGING EDITOR Lisa Laing

COPY CHIEF Casey Ebert

ASSOCIATE PRODUCTION EDITOR Jo-Anne Duhamel

ACQUISITIONS EDITOR Zander Hatch

DEVELOPMENT EDITOR Zander Hatch

EVERYTHING SERIES COVER DESIGNER Erin Alexander

Adams Media

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Copyright 2014, 2019 by Simon & Schuster, Inc.

All rights reserved, including the right to reproduce this book or portions thereof in any form whatsoever. For information address Adams Media Subsidiary Rights Department, 1230 Avenue of the Americas, New York, NY 10020.

An Everything Series Book.

Everything and everything.com are registered trademarks of Simon & Schuster, Inc.

This Adams Media trade paperback edition May 2019

ADAMS MEDIA and colophon are trademarks of Simon & Schuster.

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Interior design by Colleen Cunningham

Cover design by Erin Alexander

Cover images 123RF/Mykhailo Ganol/Greyjj/Pking4Th/Dejan Bozic

Library of Congress Cataloging-in-Publication Data

Names: Duarte, Joe, author.

Title: The everything guide to investing in your 20s & 30s / Joe Duarte, MD.

Description: 2nd Edition. | Avon, Massachusetts: Adams Media, 2019.

Series: Everything.

Includes bibliographical references and index.

Identifiers: LCCN 2018058753 | ISBN 9781507210307 (pb) | ISBN 9781507210314 (ebook)

Subjects: LCSH: Finance, Personal. | Investments. | Stocks. | BISAC: BUSINESS & ECONOMICS / Personal Finance / Investing. | BUSINESS & ECONOMICS / Personal Finance / Money Management. | BUSINESS & ECONOMICS / Personal Finance / Retirement Planning.

Classification: LCC HG179 .D823 2019 | DDC 332.67/8--dc23

LC record available at https://lccn.loc.gov/2018058753

ISBN 978-1-5072-1030-7

ISBN 978-1-5072-1031-4 (ebook)

Many of the designations used by manufacturers and sellers to distinguish their products are claimed as trademarks. Where those designations appear in this book and Simon & Schuster, Inc., was aware of a trademark claim, the designations have been printed with initial capital letters.

This publication is designed to provide accurate and authoritative information with regard to the subject matter covered. It is sold with the understanding that the publisher is not engaged in rendering legal, accounting, or other professional advice. If legal advice or other expert assistance is required, the services of a competent professional person should be sought.

From a Declaration of Principles jointly adopted by a Committee of the American Bar Association and a Committee of Publishers and Associations

For my family and my agent, Grace Freedson, as always. Special thanks to Frank and Jean Kollar for running JoeDuarteintheMoneyOptions.com. And to Mark Mathes, Steven Halpern, and everyone at MoneyShow.com, without whom the word wouldnt get out. Also a great deal of gratitude to Zander Hatch for the awesome edits. But most of all, a very special and heartfelt thanks to those who read my books. Thank you for letting me do what I love, over and over again. Youre the music. Im just the band.

In the modern world of investing, youll find more options than ever before. You can invest in stocks, bonds, real estate, mutual funds, ETFs, cryptocurrencies, IPOs, and dozens more. But whats the difference between all these options? Which ones are safe? Which ones are risky? Which ones offer the greatest return on investment? And how do you know which one is the best for you?

Here youll find the answers to these questions and more. Youll learn all about investing for people like you: people in their twenties and thirties who wish to build wealth over their lifetime. It is not about getting rich quickly or how to become a professional trader. Instead, its about following your road map to investing and putting in some hard, but rewarding, work.

In this book, youll learn:

How to evaluate and invest in all of these different options while developing, shaping, and adjusting your long-term plan

How willing you are to take risks with your money

How to manage that risk to make money

All about choosing asset classes, such as stocks, bonds, real estate, and mutual funds, to create an asset allocation mix that makes sense for you

Most importantly, you will learn how to develop a plan through which you will build your wealth without guesswork and anguish. If youve never invested before, thats okay. No matter what, as long as you are in your twenties and thirties, time is on your side. If you start investing now, you will have ample opportunities to build the kind of financial future that you are looking for. Time to get started.