Is Investing worth it?
Investing is DOA unless you are a well connected insider or incredibly lucky. Buffett, Paulson, and the Goldman crowd have inside info and can demand that their investments always make money. Remember, Buffett got Goldman to pay 10% interest and a mountain of warrants for his "investment". You get to take the risk. He gets the gold.
Wall Street is now a full-fledge casino game where the odds are worse than Vegas. The only way to make a buck now is to wait for a trend, jump on it, and get off it with a small and reasonable profit.
Trading is like rodeo bull riding without the safety of the clowns. You are on your own.
The longer you ride the more likely you'll hit a big disaster.
Want to buy some CSCO at $60? It was once there!
Good luck.
It really is worth it my friend, there's so much money to be made by investing it's ridiculous (in a good way) the key is to gain knowledge & experience first & have the right tools.
Investment is definitely worth it as long as you spend time learning the market that are you trying to invest. Try to read some books on technical analysis as it applies to any market, stock market or the forex market.
Investing is worth depends upon where are you investing, security of your investment and does that fulfills your requirement. You cant expect more from less with very low rate of risk. If you want more from a small investment there are markets with high risk.
As you are planning for 20 years long term investment dude in todays world we don't know whats gonna happen tomorrow and you are thinking about the things of after 20 years. My suggestion would be save some money for next few years like 4-5 years start good business in your field. Keep saving money just the way you saved before starting business and increase your savings from your business earning. I hope after your retirement you would have good amount of savings keep that with you and let your childs handle your business and you will enjoy your life after retirement.
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Hi everyone. Im thinking about starting to invest with a long term goal of retiring early.
I have been browsing a few books and the most recent one told me some startling information. It said that if I invested with a 12% return, and took into consideration inflation of about 4 - 6%, I would need to save $500 per week over the next 20 years to end up with $2.4 million. This would give me aprox. $50 000 per year to live on which is my goal.
$500 seems like a hell of a lot of money each week. Is it really worth all the hassle? Am I missing somthing here? Given $50 000 per annum in interest to live on is no small figure either but I would have thought that with compounding interest it would be much easier.
Any thoughts welcome.