Melting Milestones
Hi fellow Mooers!
I'm referring to "melting" milestones because as a long time investor my milestones have evolved over the years as goals were met or they changed.
Flexibility is KEY! You change over time and your goals should too. Not just with market fluctuations but with the changes in your life.
For example, in my early 20's I didn't have a lot of money to invest but I could be aggressive because I had time to make up losses. Now in my late 50's I have plenty of disposable income, but my investments are much more conservative and I've steadily moved into 'safer' income building investments.
This plan has allowed me to accumulate wealth that I now want to protect like a dragon with its hoard! I want to really enjoy retirement and be able to eat filet mignon instead of cat food.
Believe it or not, my husband and I will each have 6 figure retirement payments every year and I started saving with $5 per paycheck!
Save, save, save!! It can seem out of reach when you start, wishing you had more. My first big goal was to match my mortgage payment to the amount I invested each month. Before that my goal was to invest $50 per month!
Set small achievable goals and track your progress. It doesn't matter WHAT you start out with, as long as you START!
Stay focused mooers! MooMoo gives us guidance, instructions, and support I could only dream about when I began. Imagine where you're going to be in 30 years if you stay with the MooMoo herd!
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only.
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funny Giraffe_6930 : yes I don't have thousands of dollars, but I 'm trying something I can leave to my children an great grand children, thank you Josh for all you do to help me alone the way
itsmytm : I agree start with a small amount. The key is to start
Milk The Cow : Yes, Flexibility is the KEY
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It took me quite a long time to relearn it as my parents & country's "early" education system taught (psycho) me otherwise with their constraint rules & ideologies.