Learning to Invest so you can retire!
Investing is not as difficult as it’s made out to be. The stock market isn’t a bunch of flashing numbers going up and down and you don’t need to be really really smart. You don’t need to worry excessive about whether the market is going up or down.
“To achieve satisfactory investment results is easier than most people realize; to achieve superior results is harder than it looks.”
-Benjamin Graham (mentor of Warren Buffett)
“You don’t need to be a rocket scientist. Investing is not a game where the guy with the 160 IQ beats the guy with 130 IQ.”
-Warren Buffett (one of the richest men in the world)
The power of the stock market and learning how to invest correctly comes from the magical power of compounding If you’re 30 and only invest a mere $1,000 and return the 7% or so the market has earned since 1946 then after 35 years your $1,000 will be $10,677
Now think about if you added $1,000 a year and begun when you are 30 then you’ll have $148,913.
This is the magic of compounding.
The key to most people is to simply start to save and to set inside some and then to continue on with much of the fine material we have laid out here at investcorrectly.com and to begin you process learning how to invest. Most people are afraid that they have too little money or not enough and they don’t realize that the magic all starts beginning with compounding and that there’s a few tools you can use to your advantage like your companies 401k, or if they don’t have one an IRA to make investing even more tax advantageous and result in less out of your pocket and more for retirement.
Continue on to our article, Invest with Little Money