Too old to invest? Not a trader? You can still succeed by following these rules. [USA TODAY]
JC PENNEY (JCP)
Last jc penney earnings: 2/27 07:30 am
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Source: USA TODAY
Too old to invest? Not a trader? You can still succeed by following these rules. CLOSE What to keep in mind when the stock market takes a dive. Veuer’s Elitsa Bizios reports. Buzz60 CONNECT TWEET LINKEDIN COMMENT EMAIL MORE Many people I meet believe it is too late to invest. Men and women, young and old. Bull market or bear market. They feel they are too advanced in age or that stocks are too expensive or, worse, are convinced they don’t have enough money. And most people don’t feel proficient in investing or believe they simply don’t have the time. Here is what I tell them: If Stephanie Mucha and Ronald Read could amass a fortune, so can you. Stephanie Mucha died in December 2018 at age 101. Her first investment was made with her husband: 50 shares of Medtronic at $5.11 a share. They held the stock for 26 years, along the way accumulating shares, reinvesting dividends and enjoying the occasional stock split until the value of their $255 investment totaled $459,000. The smart investo
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