The Importance of Discipline and Consistency for Long-Term Investment Success
VTI Vanguard Morningstar Total Stock Market ETF
$381.03 -0.39%
View chart & analysis → - 1The author purchased tech stocks in late 1999.
- 2Saving $300 every month from age 25 at a 10% annual return can accumulate $1.9 million by age 65.
- 3Saving $300 every month from age 35 at a 10% annual return results in $678,000 in accumulated assets by age 65.
So what's the key point?
Saving a fixed amount of money every month can build significant wealth. Starting at an earlier age leads to much larger accumulated assets later on.
Source The Motley Fool +1 · View original ↗
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