Investing in your 40s and 50s, is that the right time? Or should you wait?
Michael Sloan, the MD of The Successful Investor, discusses investing in your 40s or 50s. He makes the point that if you buy a good quality investment property in your 40s, it can double in value twice before you retire. Wait until your mid-50s, and it will double in value once.
But you have to get it right when you buy, or it will cost you.