Why You Need to Invest Young

When it comes to thinking about investing your personal or business finances, there is an “old fashion” stereotype that you should be settled, experienced, and over 50. Well, there is a reason why it’s called old fashion; because it is outdated and does not match with the speeding trends and opportunities the finance market offers in today’s day and age.

For young and successful entrepreneurs looking for a way to strategically capitalize on their multiplying revenue, realize that time is on your side.

In an exclusive interview with Geno Vento, Owner and face of Geno’s Steaks in South Philly, he gives me the inside scoop about his own philosophy on investments, the immense importance of investing young, and why it will change your life.

Geno follows his dad’s rule of thumb when it comes to business: “Surround yourself with smart people who are experts and you will stay on top.” That is why he has both an accountant and financial advisor to lead him and his money. Financial ventures are vital when you are in your 30s, especially if you are looking for a long-term, low risk approach. His financial advisor gives him good advice on what a good buy might be and how to measure compatibility of pitches from investors.

If you don’t have a financial advisor, you might be thinking, “Where do I invest my money?” The world of investment sees no limit. Start simple and get an overview of all of the different ways you can invest your money with $5,000 or less. Doing research and staying on the pulse of what you want to invest in, goes a long way.

Geno believes in have a diverse, but consistent portfolio. He tells us that having eggs in different baskets reduces your risks, especially if you are young and are still experimenting with different possibilities and routes on where you want to take your money. People in the business of making money know that mitigating risk is key in financial security. Geno sees that the investments he makes today has changed his life. He now feels secure enjoying his life knowing that he is letting his money mature and multiply overtime. This money will be there when he is older.

Successful entrepreneur Geno Vento tells it all. Behind the brand of Geno’s Steaks lies a South Philly native who understands the importance of financial ventures and has lived the benefits of investing. He emphasizes that, “Sacrifice comes with a present at the end; if you sacrifice a portion of your money now while you’re in your 30s, you’ll be rewarded in the long haul.” The best time to get started is now.