Like I said, everyone has a degree of snobbery in them. And if you cannot elevate yourself fully above it, then use discretion and exercise restraint. In other words, don’t get yourself out of control.
Alright, here are a few pretty old media examples:
1. Investors can become wealthy by either starting with a little money early, or with a lot of money later.
There are a number of books dealing with the latter situation, including Start Late, Finish Rich by David Bach, as well as Bulls, Bears and Pigs by David Cork, with a theme of “Baby Boomers at Halftime.”
But Calgary financial planner Kevin Cork once again deals with the younger set in The Investment Book, subtitled Angst-Free Strategies for Canadians under 40. It's a sequel to his 2002 title, The Money Book.
To appreciate Kevin Cork’s offering you don't need much money, but it helps to have a sense of humour.
It is aimed at what he calls his “’vesting virgins,” with references to investments that, rather than suffering a downturn, imitate the action of a vacuum cleaner.
The book’s occasionally earthy vein offers a light-hearted primer on investing, which includes some interesting historical background without getting too serious.
He starts with the basic tenet that if you invest $200 a month for the next 35 years and earn an eight-per-cent return, your RRSP grows to $426,000. But if you start five years later you wind up with $283,000, a difference of nearly $143,000.
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