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Investing/Strategies / Retirement Investing
|Subject: Re: newbie||Date: 12/1/2004 3:58 PM|
|Author: reallyalldone||Number: 43376 of 83134|
for example, if i put like a measly $50/mo each for me and my wife for the next 30yrs. can i really do much with that?
I don't know about everyone else but we started with very little but we started in our early 20s and at 50, I can say, it's worth doing and it does add up.
I think many people get hung up on the "I can't start big so I won't start." Those people look around at 55 and realize, they're going to have to be working way longer than they intended.
I wouldn't get hung up on reaserch to start with either. If you feel you can't lose it, start with something with very low or no risk. Don't feel you need to start with mutual funds or stocks if the idea of losing 20% makes you lose your lunch. Stay in your comfort level - no matter what anyone posts.
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