Maxwell, who is 25, asks a bunch of his friends for investing advice. Choose the best two recommendations from the list below. Wait until you turn 35 to begin investing; you'll have more money then and can make larger investments.
Invest in bond funds when you're young because they have higher returns.
Avoid investing in index funds because they carry higher fees and actively managed funds almost always beat index funds when it comes to performance.
Start investing ASAP, and invest mainly in stocks while you're young.
Avoid investing in a single company's stock; you need to diversify your portfolio.