Kenneth P. Tobin, DMD
Union City, N .J.
Dr. Doherty`s advice on stress-free investing encompasses, in a very short space, the essentials of basic long-term investing. We all can become wealthy with regular investing, starting with our first working years. I totally agree with Dr. Doherty that index investing works best for most people. Its advantages are very low costs, minimal dividends, and capital gains.
I also would strongly suggest creating a pension plan as soon as possible and doing whatever is necessary to maximize contributions. Those first dollars are critical. You do not need professional advice for stock or bond investing. Try reading the books that deal with index investing, and you will learn the best-kept secrets of Wall Street.