Some dumb things I have heard recently:
“I don’t have any money right now…I’ll invest money later”
“I’m not even thinking about retirement”
” ” (no opinion of investing at all, the worst possible situation)
I’ve written about making your money earn money for you before. The key to being rich isn’t picking the most sophisticated, tax-sheltered investment or doing fancy real-estate deals. The easiest way to get rich is to start early–even with little amounts of money. Check out the 20-second simulation with pretty pictures (from Vanguard). Click to play:
Do you know your actual earning potential?
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Takes 3 min