We Make Investing Easy
If you have no idea how much to invest or save to reach your goals, don’t worry, you’re not alone.
Well, maybe worry a little, because if you don’t know how much you should be investing, chances are it’s not enough. The last thing you want is to wake up in 30 years and realize your another 30 years away from retiring!
Let’s have that wake up call be now, if necessary.
Long term investing is easy. However, there is a lot of distracting, short term investment advice floating around these days. One of the most popular cliches is to, “buy low, sell high.”
Sounds like a winning proposition, but there is a problem with that strategy. No one knows when the market (or a stock) is “low” and when the market (or a stock) is “high.” Better advice is to “buy now, sell much later.” In other words, focus on long term investing and ignore the day to day. This way, you will guarantee you are buying low (now) and selling high (in the much distant future).
[Read more…] about Don’t Look at Your Investments! Focus on Long Term Investing.
