Wednesday, January 5, 2011

WSJ: Slow and Steady Saving Still Pays

Last week, I made the case that if you invested continuously in the stock market during the "lost decade" of the 2000's, you would have made money.  It seems as if the Wall Street Journal has come to the same conclusion.  The scenario outlines in the WSJ article is slightly different, but the basic conclusion is the same:

"For younger retirement investors, the long-run part of the equation is what matters. Despite the stomach-churning ups and downs of the stock market during the past decade, an investor who started with $300 in an account 11 years ago, and who has nearly $52,000 socked away today, is much further down the path toward a comfortable retirement."

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