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Highlights
- People in their 20s usually find it hard to save. By investing in the stock market, they can start early to save and maximise future returns.
- Young investors are much less risk-averse than investors in other age groups.
- Thus, they can invest in growth stocks offering significantly high returns but with higher risk.
People in their 20s have a lot of reasons to ignore the stock market as they are generally caught up in other major expenses, such as saving for a house, funding education, paying for a pension fund at work, and so on. People in this age group may find it very hard to save money as they’re usually busy in making their ends meet. But it is not a hidden fact that stocks markets have been the engine of growth, which offer way more returns that any other investment form, especially more than saving money in a bank account.
If investors start buying stocks in their early 20s, they will have additional financial security in their 50s as they approach retirement. This means that young investors can potentially save much more for their post-retirement life and be financially stable even after they don’t have a source of income.
Investing in the stock market helps in beating inflation which means that the value of your money can be preserved and even increase over time. While the older investors have much more difficulty in dealing with financial setbacks mainly due to lack of recovery time, the young investors have an advantage with respect to time and thus they can invest into more risky stocks which are highly volatile but also promise higher long-term returns. Young investors usually go for high-growth stocks which give above-average market returns.
ALSO READ: Top growth stocks for October 2021
Let’s take a look at some of the LSE-listed stocks you can buy if you’re in your 20s.
Argo Blockchain PLC (LON: ARB)
The London-headquartered Argo Blockchain PLC is a major blockchain technology company with a focus on cryptocurrency mining. Its current market capitalisation stands at £569.84 million, and it has given a significantly high return of 2,538.02% in 1 year. Its YTD returns stand at 272.26% with earnings per share of 0.01. The previous close price of Argo Blockchain PLC’s shares was GBX 1,649.60 as on 30 September 2021.
Zephyr Energy PLC (LON: ZPHR)
Zephyr Energy PLC is a technology-led exploration and production company. Its current market capitalisation stands at £78.12 million, and it has given a high return of 912.81% in 1 year. Its YTD returns stand at 545.84%. The previous close price of Zephyr Energy PLC’s shares was GBX 6.05 as on 30 September 2021.
ALSO READ: 5 Growth and 5 Value stocks to buy
Quantum Blockchain Technologies PLC (LON:QBT)
Quantum Blockchain Technologies PLC is a blockchain company with eyes on R&D and investments programme across different countries. Its current market capitalisation stands at £14.36 million, and it has given a return of 507.82% in 1 year. Its YTD returns stand at 490.80%. The previous close price of Quantum Blockchain Technologies PLC’s shares was GBX 1.60 as on 30 September 2021.
Audioboom Group PLC (LON: BOOM)
Audioboom Group PLC is a Jersey-based global leader in podcasting and uses its digital audio platform to host, distribute, and monetize content. Its current market capitalisation stands at £160.07 million, and it has given a return of 515.07% in 1 year. Its YTD returns stand at 308.08%. The previous close price of Audioboom Group PLC’s shares was GBX 1020.00 as on 30 September 2021.
Agronomics Ltd (LON:ANIC)
Agronomics Ltd is an investment company based in Isle of Man that focuses on the environmentally sustainable prospects of the modern food industry. Its current market capitalisation stands at £219.89 million, and it has given a return of 438.37% in 1 year. Its YTD returns stand at 113.41%. The previous close price of Agronomics Ltd’s shares was GBX 27.50 as on 30 September 2021.
ALSO READ: Top 10 FTSE growth stocks you can buy
