Quote:
Originally Posted by redefined
I'm 30 yrs old and have a good head on my shoulders as far as money goes.
|
That's all you need!
I'm 55 and committed to investing in 1999. Though I didn't have the wisdom shared in this thread to save me from a few mistakes which when you apply compounding to those losses it would make a substantial (probably $50K) difference to my current portfolio.
You might consider opening a Schwab or other account and buy a few shares (10 or so) of a few solid name dividend stocks in different sectors reinvesting dividends just to get your feet wet and give you a feel for the game so to speak. Then watch what happens on a small scale to get you familiar and comfortable with the procedures.
Combine the additional 10 years you have on me and the knowledge shared here and you'll be looking good at age 55........if you don't get greedy!
