By Harrison Lazarus Advisors, Inc.
The iconic rock band The Rolling Stones said it all: “Time…is on my side, yes it is.” This is certainly true if you started investing in your 20s. But even if you started later, there are still productive ways to invest. Maximizing your yearly contributions and company matching can help, as well as “catch up” contributions for those over 50. Ensuring you have a diversified portfolio that reflects your specific risk tolerance and goals is equally important. At any age, disciplined investing may mean some sacrifices so we can enjoy a better tomorrow. And while you might be singing “You can’t always get what you want” about the latest tech gadget or sleek sports car, staying focused and saving and investing regularly (and not being distracted by short-term market events) may help you ultimately sing a happier tune as you work toward your long-term goals. ..