My dad used to say that there are three kinds of people:
- those who don’t work,
- those who work for their money, and
- those who make their money work for them.
I have always kept that in mind and over the years I have had to work for my money. I plan on working for at least another 10 r even 20 years yet. But I know at some point I will want to retire, and that is when I need the money in my IRA Accounts to start working for me.
When I was a kid, my dad had a list of professionals that he could call on to help him. He had a lawyer, he had an accountant, he had a banker and a stock broker. But now we can do Online Trading and don’t really need a stock broker to handle our investments.
For the times that we do want to talk to someone or get a professional opinion, we can still get online and talk with an Online Broker. With so much information available online, no one has the excuse of not knowing what they are doing when it comes to the stock market. All you have to do is read and ask questions, and then get serious about taking responsibility for managing your money.