Investing For The Average Joe
In this article I will discuss what average Joe’s can do to set themselves up financially. Or more to the point Investing For The Average Joe. I have had an interest in investing for years now. Working with property investors in one of my past roles I quickly came to realise just how many of us are not set up for retirement. It used to be a case, before my time, of work your tail off after school, stay in that large corporation for 40 years and get a pension. The pension was set to last until they left the Earth.
Sadly the stats show the majority of baby boomers are ill prepared for retirement. In fact I recently heard a statistic that one in three Baby Boomers have $1,000 saved when getting to their retirement.
A myth regarding money and investing is that you need a tonne of money to invest and make any money.