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The importance of investing early is undeniable; there are always new examples and reasons why we should begin to invest at a young age. This page includes featured articles related to investing, examples from SWS presentations, and more links to learn about why you should start investing early.
in the news: featured articles
Warren Buffett Invests Like a Girl
March 20, 2008
The Motley Fool
By LouAnn DiCosmo
For as long as I can remember, adding the phrase "like a girl" to the end of whatever you were saying was a put-down, an insult, something to come to fisticuffs over. Little boys the world over hated being told that they, for example, "threw like a girl." I'm not defending the statement, and as a member of the fairer sex, I certainly don't agree with its intent, but hey, that's been the case from the playground on up. MORE
How to Buy a Home With $500
July 10, 2007
The Motley Fool
By Tim Beyers
For me, making the most of $500 means saving on groceries or investing in an index fund. How tame. Rob Ketterer, a 28-year-old government consultant, turned $500 into a new house within two years. Did he hit the lottery? Inherit a fortune? Strike oil in the Texas desert? No, no, and no. Rob instead became an investor, studying personal finance and stock picking while still a college student in Virginia. That's right -- while his peers were soaking in beer, Rob was soaking in the writings of investing masters, who counseled him to regularly invest in the stocks of firms with durable advantages. MORE
More Advice Graduates Don't Want to Hear
June 2, 2007
The New York Times
By Damon Darlin
Saving while young is critical. It isn’t just because of the power of compounding. By that I mean that if you start saving now it will build to a larger nest egg by the time you are 65 than if you wait to start at 45. Or to put it another way, you can save a smaller amount now rather than a larger amount later.
Bank $250 a month for 40 years in a I.R.A. or a 401(k) and you will receive about $500,000, assuming a 6 percent return. Start at age 45 and you would have to put in $1,078 a month to generate the same amount by age 65. MORE
From: Want to be a Millionaire? Start Investing Early (7/4/07)
July 4, 2007
Rediff News
By Chandnee Sinha
In the book, Once Upon a Wall Street, Peter Lynch, one of the most successful mutual fund managers the Wall Street has ever seen, narrates a story: 'Consider the Indians of Manhattan, who in 1625 sold all their real estate to a group of immigrants for $24 in trinkets and beads.'
'For 362 years the Indians have been the subjects of cruel jokes because of it -- but it turns out that they may have made a better deal than the buyers who got the island. At 8% interest on $24 (note: let's suspend our disbelief and assume they converted the trinkets to cash) compounded over all those years, the Indians would have built up a net worth just short $30 trillion, while the latest tax records from the Borough of Manhattan show the real estate to be worth only $28.1 billion.'
'Give Manhattan the benefit of doubt: That $28.1 billion is the assessed value, and for all anybody knows, it may be worth twice that on the open market. So Manhattan's worth $56.2 billion. Either way, the Indians could be ahead by $29 trillion and change.'
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examples from SWS presentations
Here are some examples from SWS presentations on the benefits investing early:
- From Jamie Harmon's "Personal Investing" seminar on December 13, 2006:
Other relevant presentations:
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more links
Some more interesting links on the importance of investing early:
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