Chris Linkas Explains Why Younger People Should Be Saving For Retirement As One Of Their Main Priorities

Chris Linkas remained in the financial industry for about 15 years. He is American and worked in places like Herndon, Virginia, Boston, Massachusetts, and New York, New York, for a number of financial firms like Goldman Sachs. In 2003 Chris Linkas got the opportunity to move to London, United Kingdom, where he is now the European head of credit for a multinational investment firm. He heads a department of 20 people and his focus is on investing in both the UK and Europe in areas such as real estate, shipping, and non-performing loans among other assets.

In his view far too many people in their 20s don’t invest, mainly because they are worried about paying off their student loans. Chris Linkas says that despite those loans and their other financial considerations they really should be investing some of their income. Real wealth is created through investing and over decades amazing sums can be had just from interest over time and reinvested dividends. All of this can be done passively and will really thank their younger selves one day when they can comfortably retire.

Chris Linkas says that the type of investing he does for work is very complicated and can be overwhelming at times. He says he reviews things with objectivity and he strives to stay on top of everything. He says the world of professional investing is always changing and just because something worked half a year ago doesn’t mean it is such a hot idea now (https://www.behance.net/chrislinkas). He also subscribes to both the New York Times and The Financial Times which he considers to be two vital newspapers.

Everyone who invests for retirement should know what the appropriate amount of risk taking their portfolio should have. Chris Linkas says that younger people should have quite a bit of risk because they’ll get good returns while having decades to recover from times the markets go south. As people get older they will want to boost the amount they have in bonds so that a recession doesn’t wipe out 50% or more of what they have accumulated over the course of their careers.

Leave a Reply

Your email address will not be published. Required fields are marked *