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re: Savings Advice from the MT Experts
Posted on 6/18/14 at 4:55 pm to Colonel Flagg
Posted on 6/18/14 at 4:55 pm to Colonel Flagg
quote:Well, that sucks.
With my negative outlook of society I don't really ever expect to not work though.
Don't buy into all the doom and gloom crap. I've heard it all my life and it hasn't happened yet.
As far as getting a slightly late start, don't fret about it. You will be shocked how the power of compound interest (or dividends) will enrich you over the next 35 years.
As Warren Buffet has said many times, 'It's not timing the market that's important, it's time in the market that builds wealth.'
1
Posted on 6/18/14 at 5:17 pm to LSURussian
quote:
Well, that sucks.
Well I don't plan on waiting to retire and have fun. I don't know what to expect as far as the cost of living in my old age either. I hope to do some fun things while young. Like we already took several nice vacations before children.
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