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There's also benefits to establishing independence early and reaping the compounded rewards of a lifetime of confidence built through bearing burden(s) of respo
by kirse 5y ago
There's also benefits to establishing independence early and reaping the compounded rewards of a lifetime of confidence built through bearing burden(s) of responsibility.
- chiefalchemist 5y agoYes and no, but financially speaking mostly no. If you can save even a small but reasonable amount of money from say age 21 to 25 your retirement investing will be completed. Compound interest and all that good stuff.
- dexterdog 5y agoBased on what we know today, yes. When I was coming out of school it was all about owning houses. I've owned a few over 30 or so years and have rarely made much on them esp when you factor in the property taxes.
- moneywoes 5y agoWhat market?
- nly 5y agoThere's no guarantee that the stock market will continue to be a free ride of growth above and beyond inflation, especially given the ease of access today compared to the 90s and earlier. Capital flows in to public markets are unparalleled these days.