5 Steps to Start Investing

Find the fun in investing, and take control of your money.

I’ll admit it: I think investing is fun. I like the sense of control when I manage my money and move funds around. I enjoy shopping for different investment options and betting on my top picks. I get excited watching my cash in action -- thrilled when my investments move up, anxious when they slide down.

Does that make me a little nerdy? (It’s not the only thing -- I also wear glasses, spontaneously quote Shakespeare and enjoy science fiction.) But I’m not alone in recognizing the fun factor: According to a recent Scottrade survey, 35% of respondents ages 18 to 26 (the survey’s definition of Generation Y) consider managing investments “a fun and interesting activity,” up from 27% in 2008. And 17% of Gen X respondents -- ages 27 to 42 -- feel the same way.

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Stacy Rapacon
Online Editor, Kiplinger.com

Rapacon joined Kiplinger in October 2007 as a reporter with Kiplinger's Personal Finance magazine and became an online editor for Kiplinger.com in June 2010. She previously served as editor of the "Starting Out" column, focusing on personal finance advice for people in their twenties and thirties.

Before joining Kiplinger, Rapacon worked as a senior research associate at b2b publishing house Judy Diamond Associates. She holds a B.A. degree in English from the George Washington University.