Quote:
Originally Posted by bobcat68rs
I have to say this is a great thread. I understand the long term investment concept, but what if the long term isn't really an option? by that I mean 12 to 15 years before retirement. To little to late? just wondering how to improve things down the road.
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Anything over about 3 years would be "long term" -- Then there is LONGER term -- which you'd be in. 10+ years is LONG TERM.
Now I would respond to your next statement --- When do you EVER feel it's "too late" to save some money or invest??
And -- Are you planning to die in 12 to 15 years -- or do you plan to live many years beyond that? If so - how many? 10 more years? 20? Remember that your money needs to last you to your last dying breath... And we all hope that's many many years from now.