Points to Remember

Junie's Investment Bloom

Junie Holdip

Age: 40
Occupation: Accounts Executive

“I’m a late investment bloomer. I made my first official investment when I was thirty-five and it was a few thousand dollars in the most conservative mutual fund I could find. I’d started saving however, since my first paycheque and I’ve long known to think of my salary as what I get after taxes and savings…

Investing my money though – with the potential of losing it – I had long ago decided was not for me. To defend my point, I would mesh some little analogies together: ‘You like skydiving, I like the treadmill; you like sushi, I prefer cooked food; you say tomaytoh, I say tomahtoh’. Basically: everybody’s different and don’t force me out of my comfort zone.

Because I’m a good talker, nobody ever did push me out of my ‘comfort zone’ and I stayed as I was, happy with my company pension, and my salary deduction. It took eight years for me to realise that my savings were fighting a losing battle against inflation. No matter by how much I increased my monthly deduction, the five and a half percent interest, applied as it was to all of my savings, would never be enough to secure me for retirement. In fact, when I projected, if I took the trip that I’d been planning for my fortieth birthday, the funds needed would have all but decimated my eight-year-old nest egg in the three weeks it took me to travel through South East Asia. So, I needed to start skydiving, I needed to taste sushi. I had to learn to say tomaytoh.

Five years after my first investment, I’ve branched out even further into the capital markets, I’m proud to say I’m a shareholder on two companies on the Trinidad & Tobago Stock Exchange and recently, I invested in a BRIC-based telecommunications fund. Junie the Saver, only knew that bricks built houses. Hopefully, these BRICs will build nest eggs.

If there’s one thing I could tell a fellow late bloomer it is this: it is never, ever, *too* late to get started. You can be barely late, fashionably late and even very late, but too late – that (like living as truly financially independent without investing) is an impossibility.”



Everyone is an investor. There is no one in the world whose personality does not support investing. Circumstances may hinder consistent investing or make savings the sole option for periods at a time but to say ‘no’ to investments is to say ‘yes’ to a life dependent on inflation and static statutory pension.


“The best time to plant a tree is twenty years ago. The second best time is today.”
It is never too late to start investing but...


The longer you wait, the more you must put out and the less benefit you receive. Notice the difference just one year makes: