While many of us concentrate on investing wisely, how many of us ask ourselves "I my investing enough"? And how do you know if you are investing enough?
- One way is of course by setting yourself some goals, e.g. somebody wants to make $1m by the time he is 40, another enough to be able to retire at the same age and then working backwards to where you are now.
- Another may simply match interest rates or stockmarket indices.
- Another way is to match your spending, so every Ksh/$S/£ you spend, you put another in your investment/savings.
- You can also set yourself a target that mirrors your earnings e.g. 30% of your income.