Minimal Risk, Maximal Satisfaction
Or should I say, Minimal Risk, Maximal Returns! As I have been watching the markets race to new records over the past six months I have been remarkably unenthusiatic about it.
In years past when stocks, or real estate were zooming up, all I could do was watch and get a sick feeling in my stomach. It was the feeling you get when you are way behind and you feel like everyone else is just getting further ahead. All I could see were opportunities lost.
This time it is different and I think I know why… This time I am at least investing SOME money in the market.
To me this emphasizes the importance of just starting an IRA or 401K. Even though I have a large amount of debt, some of it at interest rates just over 8%, I have been able to have peace of mind by investing $200/month in my Roth IRA. That is not a lot by most standards and the majority of our savings have been used to start our Emergency fund, but it is enough for me to think that at least I am doing something.
Although I am missing out on maximizing my growth by not investing lump sum, I am also more comfortable that I will not have invested at a peak by investing over time.
So if you have that hollow feeling in your stomach when you watch the evening news, Just Start and I guarantee you will feel better in no time at all.
