Timing the market is a fool's game. Time IN the market, however, is the best thing you can give to your descendants. Invest in some stable ETFs (or whatever you believe in, if you hate ETFs) before your kid's born. When your kid turns 25 (or whenever you feel they are ready for it), they will be thankful that you've started their time in the market very early.
Remember the rule of 72 if you want to double your money.
Investing is supposed to be boring and it's a lot like watching paint dry.
Start saving as early as you can and don't wait till you're old. If you're now too old and reading this, see my first paragraph (so your descendants don't make the same mistake).
Remember the rule of 72 if you want to double your money.
Investing is supposed to be boring and it's a lot like watching paint dry.
Start saving as early as you can and don't wait till you're old. If you're now too old and reading this, see my first paragraph (so your descendants don't make the same mistake).
