People love the “sale”, usually long term investors.
I was just thinking the other side of it never really gets mentioned, probably since no one wants to admit or think about over paying?
As a quick example, if SPY is eventually going to be 450, then 500, then 600,700 etc, isn’t the biggest sale now? Why wait until 600 to buy?
Time is everything, isn’t best to throw in as much as possible, as soon as possible into a taxable account?
I don’t really like the idea of investing in my Roth IRA in 20 years from now, then 25 etc
I will because people go crazy over how it’s tax free later, but the small annual limit doesn’t make it that amazing
I’m 32
Anyone else have this mind set? I want to try and invest everything right now, then literally do nothing except let time go by so it has the most time to grow.
I don’t really want to be investing 20 years from now, I want to retire in 20 years thanks to 20 years of growth. Only seems possible with a large starting amount, $6,500 in a Roth IRA basically means you have to work 30 years or more
Or, if this is an incorrect way to look at it..What way is correct? Just seems like nothing beats time/the current price compared to 5,10,15 etc years from now
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