Sylvia Jeffreys talks with Chris Brycki about investing and whether now is the right time to enter the stock market

Let’s be honest: when someone mentions the stock market, most young people’s eyes glaze over, including my own. 

But after hearing Stockspot founder Chris Brycki on the latest podcast episode of The Pay Off with Sylvia Jeffreys, I’m ready to make a new case:

Getting into investing early is actually one of the smartest money moves you can make in your 20s.

There’s a lot of noise around the stock market right now. Sylvia asks a common question about whether now is the right time to get into the market, particularly for first-time investors. 

READ MORE: Meghan posts rare photo of Harry with their kids after raw interview

Chris responds without hesitation, “I can really empathise with that… Markets are very different to investing in property where you don’t see the price everyday.”

“One of the great benefits also becomes a disadvantage … You can see how much it’s worth everyday and there’s a huge temptation to check-in and look at it all the time… And that can be very nerve-wracking”. 

For a daily dose of 9honey, subscribe to our newsletter here.

To listen to Episode Nine of The Pay Off with Sylvia Jeffreys, press play below or tap here

Episode Nine | How to Build Wealth the ‘Boring’ Way with Chris Brycki

Brycki says many investors use a strategy called, ‘Dollar Cost Averaging’, “The benefit of this strategy is to minimise regret – because if the market falls, you think ‘Well, at least I didn’t invest it all’ but if the market goes up, you’ve made money”.

Throughout this episode, Chris discusses a variety of different ways people invest in the stock market – from more aggressive approaches through to set-and-forget investment strategies. 

At the end of the day, the share market can be wildly unpredictable. A small investment in your 20s can grow into something seriously impressive by the time you hit your 40s and 50s (without compromising on your daily iced almond latte), but there’s always a risk.

READ MORE: Why Harry’s recent BBC interview has ‘backfired spectacularly’

The best thing you can do? Get educated.

If you’re interested in investing, but find it often gets thrown into the “too hard” or “too confusing” basket, consider this your friendly nudge to listen to The Pay Off and learn a little more. 

The Pay Off with Sylvia Jeffreys is out now and a new episode publishes for free every Thursday. Search “The Pay Off” in your podcast app or tap here.

FOLLOW US ON WHATSAPP HERE: Stay across all the latest in celebrity, lifestyle and opinion via our WhatsApp channel. No comments, no algorithm and nobody can see your private details.

The information provided on this website is general in nature only and does not constitute personal financial advice. The information has been prepared without taking into account your personal objectives, financial situation or needs. Before acting on any information on this website you should consider the appropriateness of the information having regard to your objectives, financial situation and needs.