Chris Linkas is a managing director for a UK-based alternative investment group. He lives in London and is this company’s European Head. He joined this company in April 2013 and he directs investments in a large group of alternative assets throughout Europe like commercial real estate, renewables, corporate loans and securities, non-performing loans, and secondary LP interests among others. He is a graduate of Bowdoin College where he earned his bachelor’s degree in philosophy.
As someone with 25 years of investment experience, Chris Linkas says that he advises younger people to start investing as soon as possible, preferably as soon as they start earning an income. He says both military members and civilians can take advantage of being young with five decades of growth ahead of them. His first tip to these people is that they have so much time they can take a lot of risk. The more volatile an investment is the higher the return. And, if things go wrong, they have years to recover. He says going fully into stocks and just letting it ride through good times and bad is a good option until they’ve gotten older.
Chris Linkas started out as an analyst at RER Financial Group LLC in October 1993. He left for a few years to join AEW as an associate. He had made a positive impression at RER Financial Group, though, that in January 1997 they rehired him to be one of their vice presidents. He also spent five years working as an executive for Goldman Sachs.
Another tip he offers young people is if there is any magic in the universe it is compound interest. As money makes money it compounds over the years. The result can be that a dollar you put away could be worth far more years down the road. He says if a 25-year-old person can manage to invest just $2,000 a year for 10 years and experiences 10% growth on average they would have $556,197 at age 65. Compound interest really is amazing as Chris Linkas points out to every young investor who asks for his opinion on saving.
Visit Chris Linkas (LinkedIn) account.