Shoebox Investor

What is a shoebox investor? An investor who generally pays himself first. The idea is that any money you can store in a shoebox or piggy bank, should be invested in the market. It is not how much you invest, it is the time value of money you should focus on. The earlier you put the money in the market, the longer you keep it in, the higher the chances of reaping the benefits of accumulating dividends. The reinvested dividends will buy you more shares.

Pay yourself first

Friday, February 29, 2008

Who's Not Investing?

Millions marry and start families each year without taking basic steps to
make sure their future, as well as their children's, is financially secure.

According to a recent survey by Princeton University and the Consumer
Federation of America, 70% of households with incomes under $50,000 a year
have retirement savings of less than $5,000. This same report said "most
Americans are living paycheck to paycheck".

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