Author: Fernando Reyes
For investors, so many people remember how they started investing. Whether it was a moment in time or a parental figure that shared insights. Right now, we're seeing a boom in new investors as a result of stay at home orders, more access through commission free apps, and stimulus checks. I try to make sure that people still consider their financial plan and risk when starting.
For that reason, Jackeline Luna and Samantha Masunaga interviewed me for a story in the LA Times about new investors, called "Meet South L.A.'s young stock investors, eager to build wealth in their community"
Here's one quote:
Reyes advises his younger clients to think about their short- and long-term goals. Usually he suggests novice investors with little appetite for risk start off with passive investing, such as exchange-traded funds or mutual funds. Those with a higher risk tolerance and greater understanding of the market may also focus on individual company stocks.
If you have questions about investing and building a financial plan, feel free to reach out to me anytime.