Investing: Don't waste your 30's

Observations and comments:
  • It's not easy to make 8% year after year in investments. I don't think I've done it! The best bet would be the mother of all ETFs, SPY which invests in the S&P 500
  • Presumptions in the above calculation (using the FV (Future Value) function of Excel): 
    • Starting with $ 0.
    • Investing monthly
    • Target of $ 1,000,000 at retirement
  • Delaying start by a decade really hurts!

No comments:

Post a Comment

Any anonymous comments with links will be rejected. Please do not comment off-topic