Remember the Dot-Com and financial busts? If you were investing in the Nasdaq, you can see how long it took to come back. And that’s an index, not a handful of stocks that never returned. The problem is that when you’re investing in retirement, time is not on your side, unless you’re compounding.
If you’re looking for the market to ‘make money’ for you, be careful. The market doesn’t create money; it redistributes wealth. Put time on your side by building a portfolio that generates dividends and interest you can use for compounding.
Action Line: When you want help building a diversified portfolio that generates income, email me at ejsmith@yoursurvivalguy.com. And click here to subscribe to my free monthly Survive & Thrive letter. My most recent letter talks about bonds, when to buy and sell, and gold miners.
Originally posted on Your Survival Guy.