My name is Josh. I grew up in Seattle and graduated from the University of Southern California with a degree in Business Administration from the Marshall School of Business. I've always been interested in personal finance, so in fall 2009 I opened my first brokerage account with Charles Schwab. Since then, I've managed my own portfolio across various traditional and tax-sheltered accounts.
Step One Investing is a registered nonprofit organization and was founded with the recognition that most of our Millennial cohorts need immediate help understanding basic personal finance. Ironically, while we, Millennials, might be the most well-educated generation, many of us still lack a fundamental understanding of money. But does that really come as a surprise? How many personal finance classes were offered to you when you were growing up?
Without a foundation in personal finance, Millennials can inadvertently find themselves in a place of financial inertia, inactivity, and ultimately, dependence:
1) Millennials do not know what questions to ask about their finances
2) Millennials do not know who to trust with their finances
3) Even if Millennials were to find a financial advisor, most do not qualify for the minimum asset requirements which can often be around $1,000,000+
Through Step One Investing, I hope to enable Millennials to act now by providing simple recommendations and candid thoughts on affordable, accessible resources for personal finance success. Time is the greatest asset we, Millennials, own—we need to move quickly!