Here's what millennials make before they start investing

1 minute
Here's what millennials make before they start investing

According to financial influencer Haley Sacks, also known as Mrs. Dow Jones, a little preparation can go a long way; and if you want to make money investing, you need to do a few things in order before tossing money into the market.

The most important thing is to create some form of an emergency fund, as you do not want to dip into your investments to pay bills, said Sacks.

Says pulling money out reduces the future compound interest and potentially locks in your short-term losses, Sacks said.

Check out this video to learn other mistakes people make before investing.

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