I recently read a Forbes Magazine article by Michael Schmidt dated August 27, 2013 named Don’t Take Dividends for Granted. The name itself caught my attention.
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Depending on the type of Mutual Fund, they can have stocks, bonds and other investment instruments diversified together and managed by a professional manager. Sounds great, sign me up!
In 1966 the Guinness Book of Records named J. Paul Getty the richest private citizen in the world. At his death in 1976, his net worth was estimated at more than $25 billion (in today’s dollars).
Do you get frustrated when you open your investment statements and see you lost money? Learn how to turn a loss into a gain.
Why do we look to the market indexes for our benchmark for success or failure with investing? Are there other benchmarks we should be looking at?
Would you work without getting paid? Then why would you invest without getting paid? Don’t be afraid of running out of money in retirement, start building your retirement income long before you retire and you won’t fear running out of money in retirement!
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