David Hawkins is passionate about giving everyone, young and old, the benefit of his investment experience. And if you're a young person, David especially wants you to hear what he has to say. You have time on your side, so investing small amounts of money in dividend-paying stocks can lead to great wealth as long as you're disciplined and keep feeding the investment money machine.

In other words, if you avoid spending your money now on immediate gratification, you'll thank yourself later.

In this episode, he talks about the dos and don'ts of IRAs. Should you put your money into an individual retirement account or is there a better way to save for the future? Listen and find out.

David is the author of Ask the Mailman: A Simple Plan of High Yield Stock Investing for Uncommon Wealth. The book is available on askthemailman.com and Amazon.