The difference between starting to save and invest in your 20s versus 30s can be hundreds of thousands of dollars, wealth advisers say.
We are pleased to announce that Maili has been featured in a recent Financial Post article. The article discusses the importance of compounding and diversification for Generation Z and millennial investors, providing valuable insights for young investors looking to build wealth and navigate the financial landscape.
Key points from Maili Wong’s portion of the article include:
- The importance of diversification across different geographic and industrial sectors.
- The potential for young investors to take advantage of market volatility by buying at discounted prices.
- The usefulness of fixed-income investments for near-term goals, such as saving for a first home.
- The benefits of tax-efficient programs like the First Home Savings Account (FHSA) and Registered Retirement Savings Plans (RRSPs) for building wealth.
To read the full article and gain access to Maili Wong’s insights, click here.
