My financial adviser once suggested to put investing on auto-pay because "no one actually invests a certain amount a month by themselves" meaning putting a stamp on an envelope with the check inside month after month after month. I did that for about 5 years, every month. Boy, was he impressed! He said, no one ever does that. I have since graduated to automatic withdrawals now, though.
So, I agree with Snave. Some people need to have simple "get started" answers and some people need to have more nuanced answers, depending on their temperament, interest, and understanding.
Once the OP in a particular post indicated they have listened to our opinions and weighed the pros and cons and have decided they would want to go one way (as this one did) it is illogical to keep spouting off about things they will not do. That isn't helping the OP.
|