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NerdWallet: A few simple steps for millennials that want to start investing

This article is reprinted by permission from NerdWallet.

News headlines might lead you to believe that millennials are striking out on a growing list of financial accomplishments: homeownership, paying off student loans — not to mention summoning the will to resist high-end coffee or avocado toast.

When it comes to investing, they might have a point. Investment firm TD Ameritrade surveyed 1,519 people ages 21-37 in 2018 and found that only 50% said they invest — including in their retirement accounts.

But, surprisingly, investing is likely one of the easier financial goals to meet. In just a few steps, millennials can set the stage for investing, get their first investing accounts going, then look to bigger investing goals.

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