Ryan Elantri, part of Pennsylvania State University’s Class of 2017, was one of a group of forty students awarded the opportunity to participate in a Wall Street Boot Camp in 2015. He has also worked abroad in Shanghai, China, with BoardRoom Limited, learning the fundamentals of both private and corporate finance and business law.
Ryan Elantri is also a member of the Penn State Investment Association and part of his work involves tracking global financial trends., This motivated young professional is already considering his personal wealth and investment options.
If you, like Mr. Ryan Elantri, are interested in building wealth through investing, basic steps like the ones below will help you prepare:
You need to know whether you want to make short-term or long-term investments, how you will diversify your portfolio, how often you will rebalance your portfolio, how much risk you will need to take, how much money you will invest and which brokerage firm you will work with before you place your money anywhere.
Even with his diverse experience, Ryan Elantri still approaches finances and investing cautiously, as do many such professionals. Take a page from such specialists and move carefully with your financial decisions. If possible, work with a financial management professional to guide you in your investments.