|
My father got me in the stock market when I got out of college. He said he would give me money for a car when I graduated or invest it.... my choice. I didn't have the money in my hands so I said invest it if you think that is best.
Then for the next few years he told me to think about the future and retirement and that I should save and invest then even though I was only in my early 20's. At first I didn't want to hear it but then it started to sink in.
This advise came from a man who worked for a company that had no pension... 401k's didn't exist yet.... had a wife who stayed home and raised two kids.... and he managed to retire at 59.
I tried to tell people in March it was a great buying opportunity for quality stocks and funds... maybe a once in a lifetime buying opportunity.
Fortunately, I took some profits last year as I was deciding to beat my dad to early retirement by the time I hit 57 early next year. I put a chunk of that money back into the market as it was going down in March and early April. Even though I didn't buy right at the bottom I bought low enough.
After yesterday my portfolio is above where it was in February before the CV mayhem started.
__________________
|
Thor Forums
