Lestinen, the editor-in-chief of Mimmit Invests, was once unfamiliar with investing. However, his brothers encouraged him to change that by highlighting the importance of the interest-for-interest phenomenon. When Lestinen turned 18, one of his brothers helped him open a value share account with Nordnet. The portfolio initially included shares in the packaging manufacturer Huhtamäki for 500-1000 euros, which Lestinen funded with money earned from working at Prisma and gifts he received.
Lestinen’s investment strategy involves low-cost index funds, but he also makes individual stock picks from time to time. He prefers a buy-and-forget approach to investing and believes in building a positive attitude towards financial management as a form of self-care. While he doesn’t disclose the exact size of his investment portfolio, he emphasizes the importance of having peace of mind about his financial security.
Recently, Lestinen co-authored an investment guide that stands out from other financial books by including social commentary on economics and financial literacy alongside practical advice on investing. The guide aims to make investing accessible and interesting to young people while providing a broader understanding of economic concepts.
Mimmit Invests was founded in 2018 by Pia-Maria Nickström and Hanna Tikander as a blog about investing, which later expanded to include investment events, a podcast, and articles on their website. Lestinen joined the team in 2020 and became editor-in-chief shortly after. Mimmit Invests aims to be a resource for young people seeking comprehensible and humorous financial content that is easily accessible.
Investing may have seemed unfamiliar to Lestinen seven years ago, but now it’s an essential part of his life. By following his brothers’ advice and taking control of his finances, Lestinen has become an advocate for young people seeking guidance on how to navigate the complex world of finance.