That Can Prevent Investment Success Successful investing requires making consistently sound choices.
Most people have two major goals that they want their investments to accomplish.
They need to pay for their children's college education and to provide a comfortable income for their retirement. But, frequently, they invest for just one goal at a time, and that is a major mistake. The reason is simple. If you wait to save for your retirement until after you have taken care of your children's education, you'll be effectively out of time. It's almost impossible to build a large fund for your retirement in the limited number of years that usually remain between your last child's graduation and your retirement.