{"id":93048,"date":"2026-04-19T00:24:27","date_gmt":"2026-04-19T05:24:27","guid":{"rendered":"https:\/\/www.bricktowntom.com\/blog\/?p=93048"},"modified":"2026-04-19T00:24:27","modified_gmt":"2026-04-19T05:24:27","slug":"my-best-investing-advice-for-recent-college-graduates","status":"publish","type":"post","link":"https:\/\/www.bricktowntom.com\/blog\/04\/my-best-investing-advice-for-recent-college-graduates.html","title":{"rendered":"My Best Investing Advice for Recent College Graduates"},"content":{"rendered":"
\n
\"My<\/figure>\n<\/div>\n

A while back, I got an email from a reader who wanted to know how I\u2019d invest if I recently graduated from college. This is an interesting question. <\/p>\n

On one hand, we are doing pretty well financially so that means I did a lot of things right. However, I also made plenty of mistakes when I was young because <\/p>\n

I had to learn by myself through trial and error. It would have been much better if I had someone to guide me. Even a short investing guide like this would have been extremely helpful. \u00a0Anyway, I\u2019ll answer the question to the best of my ability and you can add to it as well. Here is the email.<\/p>\n

\n

I really enjoyed reading a few articles on your blog today as I stumbled across it.\u00a0 I’m 23, married, and a year out of college.\u00a0 I’ve always been intrigued by the idea of retiring early and having my money work for me.\u00a0 If you could put yourself in my shoes, what would you do to retire even quicker than 40?\u00a0 I also like the idea of creating passive income but don’t have the money to “buy” it.\u00a0 Are there any low investment passive income ideas you have?\u00a0 I’m not afraid of working hard.<\/strong><\/p>\n<\/blockquote>\n

Lots of Potential, but no money<\/h2>\n

When I was 23, I didn\u2019t have much money to invest. I drove a 15-year-old Toyota Cressida, lived in a cheap apartment, and didn\u2019t have a partner to help me reach my goals. At that point, the best thing going for me was a steady engineering job. My income was pretty good for a young guy and I was able to start investing in my company\u2019s 401k plan<\/a> right away. That was the first time I had any money to invest and investing in the 401k is a good first step. However, my first advice is a little different.<\/p>\n

Invest in yourself first<\/h2>\n

When you\u2019re 23, the best thing you can invest in is yourself<\/strong>. You probably aren\u2019t making a lot of money and you need to ramp up your income as quickly as possible. Passive income is awesome, but you won\u2019t get it rolling for quite a while. If you have $1,000 to invest in the stock market, you\u2019d make maybe $70 in dividend income and appreciation. That\u2019s peanuts.<\/p>\n

At 23, you need to concentrate on building wealth<\/strong> first. For most people, this means making more money from your main job. This can be achieved in many ways.<\/p>\n