19.
“I know it’s a cliche, but ‘pay yourself first.’ To me, that meant setting up a Roth IRA in graduate school and setting up an automatic monthly transfer of the maximum allowed amount into a target date retirement fund. Automating everything meant I never thought of that chunk of money as something available to be spent, and dollar-cost averaging makes the investment more stable.”
“When I began making more money (and got a job with an employer-matched retirement plan), I also started investing in a regular brokerage account (although I have to log in every month and actually buy shares in a few ETFs). This won’t make me a quick buck, but it’s grown a lot in the past six years!”
—Anonymous
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