5 Things Millennials Need To Know Before Investing In The Stock Market

5 Things Millennials Need To Know Before Investing In The Stock Market

Here are some of the most important things for Millennials to know before they invest in stocks.

1. Choose the right brokerage service.

Before the era of internet, people needed to open an account with a brokerage and find brokers to invest in the stock market; however, people can invest thorough online brokerage services nowadays. There are hundreds of online brokerages out there and they all have different advantages and disadvantages. For example, “A” brokerage may not charge any transaction fees but will charge a monthly service fee, and “B” brokerage could charge you with a 5 dollars transaction fee every time you open or close a position. Therefore, it is important for the young investors to choose the right brokerage service that suits their investing habits.

2. Do not invest all your money into one single stock

It is very risky to invest all the money you have into one single stock. Stock itself is risky and unstable, even Warren Buffet can not predict the future of a stock. By investing all your money into a single stock, you could lose all your money very quickly, but you could also gain huge benefits of the stock soars.

3. Pay your taxes

Young investors often forget that they need to pay taxes for capital gains. The taxes are usually 15 percent of your gains; however, you can claim your losses if your losses are more than your earnings. Keep in mind that receiving dividends and owning fast-growing stocks also affect your tax paying, but your brokerage will help you with the tax matters.

4. Get ready to research

Investing in the companies you know is always the best option; however, doing deep research before you put your money in the market is highly recommended. Say you really like company “A” and you are using their products daily -- but what makes a stock grow is not about how well you know about their products. You should read the company’s related news and study their earnings report before you make any moves, because a famous company does not make it a growing company, and a growing company does not mean it is profiting company.

5. Don’t be stressed

Be prepared to the worst situation, and only invest the money you currently do not need. It is okay if your stock goes down, which is completely normal. If a stock keeps climbing everyday with no break at all, that is not normal. Last but not the least, we are millennials and we have the brightest future waiting ahead; at this point, investing in the stock market is only the first try.

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3 Foodie Instagram Accounts You MUST Follow If You Ever Plan On Becoming A College Master Chef

Because who doesn't want to try some mac n' cheese with avocados?

“Dinner at my place!” is a phrase I like to throw out into various group chats at least once a week. In college, one of the easiest ways to prove you can “adult” is to show off that chicken parmesan recipe your mom tagged you in on Facebook and make a meal for your friends. Want to know where those cool recipes come from? Well, your mom might not exactly be looking at these, but hey, all the more reason to try them out and impress.

1. BuzzFeed Tasty

Whip out the mixer because these recipes will have you ready for your very own Chopped championship. With recipes from green mac n’ cheese to a steak dinner for two, you’ll be ready for any occasion.

2. Tipsy Bartender

Your can of beer is boring and not Instagrammable at all. Pull up a barstool and stock up on your food coloring, because these mixed drink recipes will have your friends sipping and Snapchatting all night long. From boozy milkshakes to rainbow shots, there’s no excuse for a boring drink after following this page.

3. Nerdy Nummies

You are hereby double dared not only to create the entire periodic table of elements in cupcakes, but to find people to eat all of them in one night. Host and YouTube Chef sensation Rosanna Pansino guides you through recipes ranging from everything Harry Potter to emoji cookies that will emulate similar faces upon tasting. You can also buy the Nerdy Nummies Cookbook here for more recipes not seen online.

Feeling inspired? Consider starting a foodie Instagram of your own! You could be the next Instagram sensation sweeping the feeds. What are you waiting for? Get out there and WHISK.

Cover Image Credit: Thomas Kelley

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I had the opportunity to speak with two Marketing Agencies in my hometown of Traverse City, Michigan. "Up North," for those who haven't heard of it before. With as much competition for jobs as there is, and for those who are on the brink of graduation, but nothing is set in stone, this will be for you.


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The right fit being: does the person look like they will work well with the team and does their personality mesh well with company values. The job consists of a lot of time management skills, budgeting, and confidence in your work. Aaron's advice is when looking for a job, go above and beyond, even if you aren't making any money try to work from the field outside of the classroom, even if this is as simple as a logo design for a local non-profit. Be dedicated, be adventurous and finally plan AHEAD.

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Cover Image Credit: Pexels

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