If I only knew, what I know now, when I was your age. We hear this from time to time, usually from somebody older, on a myriad of subjects. Time is the only thing we get for free when talking about investing. I've blogged about compound interest and even repeated some past posts that show how money compounds over time. How successful our individual investing experience becomes is going to come mostly from our time in the market, not timing the market. I enjoy using a small portion of my investment capital to trade in and out of certain stocks. This can be fun, making a large percentage gain in a short period of time is intoxicating. This type of trading is more of a short term gamble and isn't serious investment advice I would give to anyone. We need to remember we're only going to get that 30 or 40 years of compounding once. People that start an investment plan in their twenties, instead of waiting until they're forty or fifty, will have a much bigger chance of success. The price they paid for a particular stock or bond just won't matter much. Finwiz.
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