Drive Time With Tom

Investing money is one of those things that can be a taboo subject, or can be a fascinating one.  One thing I've noticed is that once people start investing, they wish they had started years if not decades prior.  There is a very low barrier to entry in the investing world, and with as little as a few dollars you can open an account and get started.  There are options for all levels of involved that you want to be, from never thinking about it, to picking each and every company you invest with.  The important thing is that if you want to retire in your early sixties, the average life expectancy says you will need to live on the income from your retirement planning for 10-30 years.  So unless you want to drasitcally decrease the quality of life you live after retirement, you need to have some way of growing your money, like the compounding interest you find in investing.   This episode discusses two basic kinds of investments and goes into detail especially on bonds, which a bit c