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Building Wealth: Best Moves If You're 25 To 34

February 10, 2014

target mix age 30 Start saving for retirement now 1 of 10 Just starting out? Now's the time to create a solid plan for investing and saving. WHAT YOU NEED TO KNOW: Savings goal at age 30: 0.6 x your income Biggest cash drain: Student loans and other debt Biggest challenge: Overcoming fear http://www.youtube.com/watch?v=fDUL_RYzQk4 of investing Biggest opportunity: Lots of time for your money to compound TIPS: 1. Be courageous. Nearly 40% of Gen Y-ers say they'll never feel Mike Dillard okay investing in stocks, MFS Investment Management reports.

Building wealth: Best moves if you're 35 to 44

target mix age 40 Frontier funds, which invest in even less developed regions -- think Kuwait, Nigeria, and Vietnam -- "are like the emerging markets 10 or 15 years ago," says Harding Loevner analyst Babatunde Ojo. ( FM ) 29. Ride the shale boom. Oil and gas production from shale deposits is "the most important energy innovation of the 21st century," says Mark Luschini at Janney Montgomery Scott. That's no secret, so look beyond traditional energy giants. Halliburto ( HAL , Fortune 500 )is the largest provider of hydraulic fracturing services; railroads such as CS ( CSX , Fortune 500 )transport the oil after extraction.

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