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Reply to "Secrets of rich people"
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[quote=Anonymous]How did a thread in the money forum turn into a fight re slavery?? In terms of secrets of rich people -- I'd say INVEST as early and as often as you can. Put everything you can in your 401k starting day 1 -- doesn't matter if it's 18.5k total or if you can only put in a few thousand. Have some kind of plan for additional, non retirement investments. Again it's best if it can be $x/month every month. But if that's just not doable, put in money whenever you can -- even if it's a few hundred here and a few thousand there. And don't do anything "fancy" with the money -- straight up S&P ETF or maybe a low cost blue chip fund. Those investments in the 401k and brokerage will add up over time as you continue to live your daily life and suddenly you notice you have a not insignificant net worth in a few years.[/quote]
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