Not exact matches
Over the
course of a
few years, I had managed to save up enough to start
investing in the stock market.
Finally, to avoid committing all your funds when interest rates (and annuity payments) are at or near a low point, consider
investing smaller amounts
over the
course of a
few years rather than one large sum all at once.
Finally, consider
investing in stages
over the
course of a
few years rather than all at once.
It takes just a
few seconds to see that if you
invest, say, $ 500 today and follow it up with $ 500 a month
over the
course of a 40 -
year career, you can end up with almost $ 767,000, assuming a modest 5 % annual return.
For the
few trades that do badly for a long time — 20
of them
over the last 25
years,
of course it hurts, but the gains far outweigh the losses, so I ignore those, except to memorialize why the failure happened, and feed that back into my
investing processes.
This has been a huge issue, people not being able to pay their mortgages, in our country
over the past
few years and arguably one
of the reasons
of the demise
of the economy we just experienced — but remember, those statistics lie mostly with primary homebuyers who don't have a lick
of investing experienced and since banks were handing out mortgages like candy,
of course people got in trouble!