Pinyo at GetRichSlowly is confessing a dozen mistakes he feels he’s made in regards to investing. One of the greatest things anyone can do is learn from his mistakes, and Pinyo is doing one better and sharing them with us.
Not investing soon enough — I have been working part-time since my first year at college in 1991. If I had known what I know today, I would have invested my money in an IRA from day one. But like many other young adults, I was thrilled to have money and to spend it all on things that I enjoyed — movies, games, electronics, etc. If I had invested just $2,000 per year while I was in college, that $8,000 invested in an S&P 500 index fund would be worth about $36,000 today.
12 Investing Mistakes I’ve Made (and How You Can Learn From Them) – [GetRichSlowly]