IVV $IJH IJR
This message is for all investors between the ages of 25 and 45.
Financial planners usually divide their clients into 3 different groups and give each group different investing advice:
- 25-45 - These are the younger investors trying to build up their portfolios. They are advised to dollar cost average into the market. Volatility is their friend and they should buy as much as they can as soon as they can
- 46-60 - These middle aged investors have now accumulated substantial assets and the new money they are adding to their portfolio has less effect than the fluctuations of their accumulated assets
- 61+ - These investors have now accumulated the nest egg that is designed to last them for the rest of their lives and capital preservation plus income is their goal
If you are in the younger 25-45 group you should be buying all you can the more this market tanks. This is an opportunity you may not see again for a long time.
Buy as much as you can as soon as you can. Maximize your 401K or Profit Sharing, IRAs and if you have any left open a brokerage account and buy the S&P 500 Large Cap(NYSEARCA:IVV), S&P 400 Mid Cap (NYSEARCA:IJH) and&P 600 Small Cap (NYSEARCA:IJR) ETF's and put them on a DRIP plan and let it ride.
If you follow this advice you just might get rich and get to retire early.