My wife and I were discussing this evening how I (in particular) now take a much greater interest in investing / saving. I'm sure some of that is seeing myself age, and recognizing some tough realities of life.
But I also think it has something to do with having enough set aside now to see real progress.
My first investing foray started in late 1987, and I saw my account dealt a hard blow by 10/19/87. Ironically, I 'saw' the crash coming, and bailed out very early in the morning of 10/19 ... after which I got a hard lesson in the fact that mutual funds close out at the end of the trading day ... not when I "sold". Scarred me for years, really. Obviously I'd have been much better off to just hang in there ... hindsight is certainly 20/20.
So, just wondering if it took others a little while to finally see some real savings progress, and when you did, was that a further impetus to help keep you going?
Thanks.
But I also think it has something to do with having enough set aside now to see real progress.
My first investing foray started in late 1987, and I saw my account dealt a hard blow by 10/19/87. Ironically, I 'saw' the crash coming, and bailed out very early in the morning of 10/19 ... after which I got a hard lesson in the fact that mutual funds close out at the end of the trading day ... not when I "sold". Scarred me for years, really. Obviously I'd have been much better off to just hang in there ... hindsight is certainly 20/20.
So, just wondering if it took others a little while to finally see some real savings progress, and when you did, was that a further impetus to help keep you going?
Thanks.