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Old 09-24-2014, 05:12 PM   #19
Moonstruck
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City: Hailing Port: Charleston, SC
Vessel Name: Moonstruck
Vessel Model: Sabre 42 Hardtop Express
Join Date: Nov 2008
Posts: 8,276
  • Invest for the long term
  • dollar average
  • compound interest is good as long as you are not paying it
  • The time value of money will play in your favor
  • buy quality and don't churn your account

Edit: I almost forgot. Rebalance your investments periodically. Here I didn't follow my advice in the 90s. Tech stocks were doing so well, I let it ride. We all know how that came out. I knew I should, but just didn't. So, discipline is important.
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