These Are The Three Investing Resolutions Worth Investing In & Keeping

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It has also been shown that committing to larger investments when you’re younger and setting up dollar-cost-averaging programs that automatically invest at specific intervals, such as monthly, can help investors build up more money over time. If a 25-year-old investor invests $1,000 up front and $100 a month at a hypothetical 6.5% annual return, that investor would have a portfolio worth $241,731 at age 65.

However, by investing $2,000 up front and committing to $200 a month at a hypothetical 6.5% annual return instead, the investor’s portfolio would be worth $483,463. Spending a bit less today and investing that money instead can have a massive impact on an investor’s financial future. Sticking to it Every year, millions of people make resolutions that they fail to keep. Many of those resolutions offer benefits that are seemingly intangible today, but that could make a big difference in the future.

Resolving to learn more about investing, focus patiently on the long term, and invest more for retirement might not show benefits immediately, but they could make a huge impact down the road. If so, then sticking to these resolutions just might prove to be the best resolution investors can make this year. 1 great stock to buy for 2015 and beyond 2015 is shaping up to be another great year for stocks. But if you want to make sure that 2015 is your best investing year ever, you need to know where to start.

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