My Investing Journey
I am a Do It Yourself™ investor. I have been investing for nearly 30 years and have learned a lot from my mistakes along the way. I am sharing my story of how I learned about investing from investment legends, advisors, other investors and on my own so others can learn from my mistakes. Some people learn from other people's mistakes while others are convinced they need to make them on their own.
This is not a get rich quick story. It takes a lot of time and discipline to come up with an investment plan that allows you to sleep well at night, stick to it, and adjust it when it isn't working how you want it to.
The secret of getting ahead is getting started. Mark Twain
The single most important thing you can do with investing is get started. Jerry invests $100 per month starting at age 20 and stops when he turns 30. Tom waits until age 30 to start investing $100 per month for the rest of his life. They both get the same 8% return on investment. Jerry will reach $250K at age 64 and Tom will reach $250K at age 67. Tom will never catch up even though Jerry stopped investing at age 30!
Time in the market is more important than timing the market.
Getting Started Investing Basics Vanguard Migration Bonds Cash Stocks Day Trading Going Public Investing Axioms Deep Thoughts