There are 3 things to understand about investing if you want to make money in the stock market

  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 39 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 19%
  • Publisher: 51%

Sverige Nyheter Nyheter

Sverige Senaste nytt,Sverige Rubriker

It's not as complicated as it seems

— a retirement account where your savings grow tax-free — for four years and then stops, and a 25-year-old who puts away $1,000 until age 28 and stops.

Assuming a 7% annual rate of return, the early saver will have nearly twice as much money saved by age 65 as the late saver, with no extra effort whatsoever. Even if the late saver continued putting away that same amount until age 30, they'd still come up short.The best way to maximize earnings is to keep saving and investing consistently, but the idea remains: The more time your money has to grow, the more you'll likely end up with.

Still, the rate at which your money grows is completely out of your control. That's the nature of the stock market —Ultimately, you're doing well if your investment outpaces inflation, which won't happen if your money is shored up in a bank account with low interest rates. To minimize risk,

 

Tack för din kommentar. Din kommentar kommer att publiceras efter att ha granskats.
Vi har sammanfattat den här nyheten så att du kan läsa den snabbt. Om du är intresserad av nyheterna kan du läsa hela texten här. Läs mer:

 /  🏆 729. in SE

Sverige Senaste nytt, Sverige Rubriker

Similar News:Du kan också läsa nyheter som liknar den här som vi har samlat in från andra nyhetskällor.

Passive investing now controls nearly half the US stock marketMarket share for passively managed funds has risen to 45 percent, up a full point from June 2018, according to data this week from Bank of America Merrill Lynch.
Källa: CNBC - 🏆 12. / 72 Läs mer »

Cramer: Five 'perils' of investing in individual stocksJim Cramer takes a look at some of the biggest headlines of the week that have rocked stocks on the market.
Källa: CNBC - 🏆 12. / 72 Läs mer »

Canadian marijuana companies are lobbying a stock exchange to allow them to invest in the lucrative US market and it could be transformative for the $75 billion industryThe move would allow Canadian companies like Canopy Growth and Aurora Cannabis to access the much more lucrative US market.
Källa: BusinessInsider - 🏆 729. / 51 Läs mer »