04-19-2015, 08:50 AM
Welcome. Great to have other young people on the board! I'm also 26 but I've already had my fingers in this game for a couple of years. Unfortunately my work situation is not as bright as yours so I think that once you get the ball rolling you will catch up with me pretty quick.
Do you mind sharing how much mortgage you have and how long are you estimating it's going to take to pay it off completely?
And yes the market does seem a bit overvalued at the moment, but dollar cost averaging will sort it out in the long run. And with the US economy looking quite stable it's possible that stocks will climb quite a bit before the eventual crash happens. There is a Chinese proverbe that says "The best time to plant a tree was 20 years ago. The second best time is now."
Do you mind sharing how much mortgage you have and how long are you estimating it's going to take to pay it off completely?
And yes the market does seem a bit overvalued at the moment, but dollar cost averaging will sort it out in the long run. And with the US economy looking quite stable it's possible that stocks will climb quite a bit before the eventual crash happens. There is a Chinese proverbe that says "The best time to plant a tree was 20 years ago. The second best time is now."