The Investing Path

Learn the Do's and Don'ts of Investing. Take the Right Path.

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Begin Investing Early

One of the most important ways to accumulating wealth through investing is to begin investing as early as possible.  A dollar today is worth more and more the longer it stays invested, so it is extremely important to start investing as soon as you can.  Even if you can't afford to invest a lot of money, the money you invest today will double every 6 - 10 years, and could be worth 50 times today's amount by the time you retire.  Furthermore, the earlier you invest, the more likely you will be to stay disciplined and continue to invest.  There is a snowball effect to investing that continues to gain momentum:  The more you invest, the more you earn and the more you are willing to invest.  The more money you have saved the further you are from being in debt and the more motivated you get to save more money.  It's kind of like getting in shape.  Once you start it is easier to continue.

The Do's / The Right Path The Don'ts / The Wrong Path
Invest Early Don't Try to Time the Market
Invest Often Don't Trade
Understand the Compounding Effect of Money Don't Procrastinate
Find More Ways to Save Money Don't Give Up
Diversify Your Investments Don't Use Margin
Start With Simple Investments and Expand Don't Chase Hot Stocks or Sectors
Have a Financial Plan Don't Speculate
Manage Investment Expenses and Fees Don't Make Large Bets
Invest to Reduce Taxes Don't Use a Financial Planner
Invest Overseas Don't Be Too Conservative
Stick With It Don't Watch Too Closely
Learn to Do Your Own Research Don't Keep a Loser
Be Objective Don't Use Technical Analysis
Invest Don't Trade Don't Dip Into Your Savings / Investments
Sell if Fundamentals Change