Archives for November 2012
The Costs of Financial Procrastination
Retirement usually doesn’t start until you’re in your 60s but there is a good reason to start saving much sooner. The earlier you contribute to your nest egg, the more time your portfolio will have to grow in value. The attached PDF illustrates the ending wealth values and effects of compounding of two investment portfolios.
The Importance of Staying Invested
Investors who attempt to time the market run the risk of missing periods of positive returns. The image illustrates the value of a $100,000 investment in the stock maket during 2000-2006, which included the bear market of 2001 and the recovery that followed.