√ Time is the most important factor relating to an investment plan’s success. There is no substitute for starting early and maintaining regular contributions to your investment accounts.
√ Individuals saving 10% of their gross income are often on the bubble when it comes to meeting their retirement goals. People saving 15% are almost always on track.
√ Choosing the right allocation between stocks, bonds, and cash is the most important investment decision you can make.
√ Diversification among asset classes is the second most important factor leading to investment success. Don’t put too many eggs in one basket. Remember, you can also be diversified from a tax perspective by having taxable accounts, tax-deferred accounts (IRAs and 401Ks), and tax-free accounts (Roth IRAs, Roth 401Ks).
Read the rest of the list at: http://networthadvice.com/2012/06/27/investing-truths/?utm_source=July+2012+-+David+Swapp&utm_campaign=July+Newsletter+David+Swapp&utm_medium=email