You’ve got your first job fresh out of college, and with it comes a whole slew of adult-feeling moments, obligations, and responsibilities. It can be scary and confusing. But one thing that isn’t scary, says Assistant Professor of Finance Dan McKeever, is thinking about retirement.
Where should new investors begin? Should you pay off student loans before investing? And what are some red flags of a financial scam? McKeever answers these questions and more in the latest episode of Faculty Help Desk. Here are a few highlights.
1. What should a new investor buy?
For students and beginners wondering what to buy, his answer is “all of them,” a big, broad, low-cost index fund. His advice also stresses starting as early as…