> I think a lot of these voices would change if they just had 20% of disposable income auto-invested in equities from an early age
What disposable income? When I was younger I had none, I was too busy paying rent and tuition,
What disposable income? When I was younger I had none, I was too busy paying rent and tuition,
I have observed people from the very poor homeless all the way up to multi-millionaires - his observation hold true for the vast majority. Nearly all of them are living paycheck to paycheck despite the massive amount of difference in income.
When you are young investing in education - that is tuition - is the correct call. When you finish school though many people stop investing at all instead of investing in equities.