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Is This Going Overboard?
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Posted 2008-09-07, 03:47 PM in reply to
Willkillforfood
's post starting
"Save and invest while you're young. ..."
Willkillforfood said:
[Goto]
Save and invest while you're young. Look up "time valuation of money" and apply that to your investments. The historical return on the U.S. market, that I hear thrown around, is 10% annually. Apply that for say, 40 years years, and you'll see why it's good to start early.
everyone seems to think this is a good idea, also everyone who preaches this has never done it... thus why should we?
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