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Successful Investing Starts With Saving

Stock quotes in this article: BEGBX , DODIX , DODFX , FEXPX , VXF , MDY  

What's the key to successful investing? That question shows up frequently in my emails, and I always answer the same way: saving.

What's the best way to get started in investing? That's probably the second most frequently asked question I see in my emails. I always answer the same way: saving.

I never hear from most of these emailers again. I guess they were disappointed in my answer. They wanted a hot stock pick or a foolproof investing system. And I guess they simply don't feel the connection between investing and advice on how to save $10. ...

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Dow Jones S&P 500 NASDAQ 10-Year Note
10,464.40 1,110.63 2,176.05 32.79
Oil *
77.05
UP
30.69
UP
4.98
UP
6.87
DOWN
0.38
10 Yr
3.28%
SPDR Gold
116.62
+0.29%
+0.45%
+0.32%
-1.15%
Data delayed 20 minutes

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