“ETF Funds For Late Starters”
Excerpts: “One of the more unnerving facts about retirement investing is the illusion of knowledge. As we get older and more wise to the world, the tendency is to believe that we understand how things work.” I agree!
Excerpt: “Late starters to investing can avoid this trap by using index funds, particularly index ETFs, to own whole sectors of the market. When you index, the crystal ball problem shrinks into the background.” Yep, keep it simple.
Final excerpt: “Most importantly, owning [index] funds relieves the late starter of the knowledge illusion and allows you instead to concentrate instead on the parts of your life where expertise does play a role, such as your career and personal life.”
If you are working its never too late (or early) to save.