Q: Why are my parents against me virtually making any kind of an investment?
I am 22 years old, almost threw with college, a manager at a very nice resort, make good money “I” think. But when it comes to investing in anything, like a CD, mutual fund, property, gold, bonds, whatever…They always are like. “Dont do it, you need to just save you’re money…you are to young to be investing in anything”. Like its super annoying…my grandfather who was very successfully but passed away in 05 never seen things that way. He was very wealthy because he took risk’s in things like investing in jeep tops in the 1970′s and stock like microsoft and IBM in the 90′s and even small little things like bee farms in the 90′s when honey became popular as a natural remedies and was on the rise.So why the hell are my damned parents so negative about this? And why would they rather just see me basically “stuff cash under the mattress” rather then invest like my grandfather before myself done so successfully?
And what would be a good way to approach them with positive results in this matter?
Last time I checked, a 22 year old is legally allowed to invest in anything they care to throw their own money away on.
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