Photo Credit: courtesy
Doug Goldstein

Doug Goldstein, CFP, director of Profile Investment Services Ltd., and Grant Sabatier discuss how he earned the title “The Millennium Millionaire.” Grant started investing in his mid-20s and by the age of 30, became a millionaire. He tells Doug the investment strategies he used to become wealthy.

Young Investors should invest aggressively.

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Doug answers the question of when someone should begin saving.

The answer is, begin right NOW!

Millennials should start putting aside a percentage of their income as soon as they begin working. Ignore the impulse to wait until “things are financially easier” to save, since saving is a habit.
Listen for some investment techniques that may help increase a young investor’s confidence.

 

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Douglas Goldstein, CFP®, is the director of Profile Investment Services, Ltd, a financial planning and investment services firm specializing in working with Americans living in Israel who have investment accounts in America. Doug’s newest book, co-authored with Susan Polgar, about using chess strategies to improve your finances, Rich As A King can be purchased at www.richasaking.com. He is a licensed financial professional both in the U.S. and Israel. Securities offered through Portfolio Resources Group, Inc., Member FINRA, SIPC, MSRB, FSI. Accounts held at Pershing LLC., Member NYSE/SIPC, a subsidiary of The Bank of New York Mellon Corporation. Neither Profile nor PRG gives tax or legal advice. Before immigrating to Israel, it is advisable to consult with a tax attorney who is knowledgeable about Israeli law. Contact at doug@profile-financial.com