CNBC’s Jim Cramer gave advice on how best to invest as you age.
"It's your life, not mine," he said."So get comfortable with what you can live with. But risk, at least until your middle years, should remain a friend."stressed that investing goals can change as you age. The older you get, the less risk you may be able to take, he said.
"There's too much risk in individual stocks to just put together a portfolio of names of your own choosing," he said."So, at a minimum, I am demanding that you put your first ten grand of savings from your first job into an index fund, the S&P 500 being my favorite."
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