If I Were Starting Over in the Stock Market in My 20s, This Is the First Investing Move I'd Make
Discipline and consistency are the two keys to achieving long-term investing success.
Overview
It's usually only with the benefit of hindsight and wisdom do we understand what we should have done and what we shouldn't. Investing is a great example. Often times, we do the best we can and hope that what we're doing will get us where we want to be down the road. Unfortunately, as the saying goes "we don't know what we don't know."
As I'm in my early 50s now, I can look back at my 30 years in the financial markets and recognize there are a few do-overs I wish I could have back. I shouldn't have gotten overzealous buying tech stocks at the end of 1999. I wish I'd bought Bank of America when it was trading for around $3 a share back in 2009.
Details
But most of all, I wish I had automated my investing process a little better and I wish I had been more aggressive with how much I saved when I had the most time on my side.
Source
Originally published at www.fool.com.