Sunday, October 5, 2008

A little older, a little wiser.


I have recently just returned from a business trip in San Francisco, where I just so happened to celebrate my 23rd birthday. From the time I started to learn about investing to the time I sit here typing on this blog there has been one thing that has kept me going! A vision and a plan, everyone must start off by telling themselves that they can do this, take the first steps to their financial freedom and then stick to their guns!

I know its going to seem hard to you all, and you may want to quit the game before you even started with all the crazy news that has been going on with Wall street and the real estate markets lately. But just remember one thing, since the stock markets inception, way back more than a hundred years ago it has returned an average of 9.32% . So stay long, learn as much as you can! I hope you read the books and have started to put away some money! For shortly I'm going to talk about setting up your initial investment account, your RSP account or if your in the U.S, your 401K account. And also giving you some guidance in what best to place in these accounts, and why!

I'll be seeing you guys shortly with that plan, until then, pay off any debt first, then bank some cash, and all the while, keep on filling your brain with that delicious knowledge!