The Two Most Important Things Any Investor Can Do

Here some thoughts from the great book The Bogleheads' Guide to Investing (I LOVED the book -- see my rating for details) on the two most important things any investor can do:

The two most important things any investor can do are to start saving early and invest regularly.

See why I love this book? ;-)

Coincidently (or maybe not so coincidently), these thoughts mesh nicely with the Free Money Finance Guide to Getting Rich. Funny how that works, huh?

As I've said before, the path to financial independence is a fairly easy one. Easy from the standpoint that the concepts leading to prosperity aren't that complicated. However, implementing them into a financial plan and making sure they are followed day after day, week after week, month after month and year after year is pretty hard for most people. Why is that? It's because they require discipline -- something many people would rather do without when it comes to managing their money.

Comments

[Skott]

By 'early' I think he means 'now'.