Investing for Young Adults: Best Investments to Make [2021]

1. Debt Elimination

Once young adults can get a handle on their student loans responsibly, they should look to invest money in their retirement accounts to grow for the long-term.

2. Best Retirement Investment Accounts for Young Adults

The best target date funds have low expense ratios and transition “through” retirement and not “to” retirement.

3. Health Savings Account (HSA)

Health savings accounts offer a unique tax benefit not seen in other tax-advantaged investment accounts: a triple tax benefit. 

4. Real Estate

Owning your own home can be a rewarding investment.  It builds equity as opposed to paying rent to a landlord, gives you your own space, offers tax benefits, among many other benefits.

5. Exchange-Traded Funds (ETFs)

An ETF is a collection of securities, such as stocks, that usually tracks an underlying index (though they can invest in any number of industry sectors).

6. Mutual Funds

Some of the best mutual funds offer widely-diversified holdings and offer extremely low costs. Further, because investors can easily research mutual funds, they make great options for young investors.

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