Sunday , 24 November 2024

Lorimer Wilson

Stock Investing: Every Person’s Pathway to Wealth?

One cliché I despise is, “it takes money to make money.” True, you can’t create money out of nothing (unless you’re the U.S. Federal Reserve), but it implies that only the rich can truly prosper. While that was true in regards to investing in stocks many years ago that certainly is not the case today. Here's why.

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You Might Be Saving TOO MUCH for Retirement – Here’s Why (+2K Views)

How much money do you really need to retire on? We’re bombarded with messages about retirement savings – that...[we] haven’t saved enough; that company pension plans are underfunded; that the Canada Pension Plan [or U.S. Social Security] won’t be able to handle the influx of boomers who are set to retire over the next 10 to 15 years. If that’s you, then you might be panicking right now. Stop! According to a new book retirees may not need as much as they’ve been led to believe.

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