Investment technique explained
Building wealth and retiring early may seem like a lofty goal, especially if you are on a modest salary. However, it is not impossible. With careful planning, smart investing, and a disciplined approach to your finances, you can achieve financial independence and retire early. Here are some steps that you can take to build wealth and retire early on a modest salary
As I’m following a few forums, I see several new investors being terrified when the market falls, and they ask… Read More »What should I do when market falls down? Nasdaq down over 14% YTD!!
We’re going to talk about some of the pros and cons of investing in individual dividend stocks versus dividend ETFs and this really from a perspective of a do-it-yourself investor.
Monitoring the market is a useless waste of time, energy and brainpower. There is no benefit at all, so when the rest of the world was worried about market conspiracies, I looked the other way. There are two reliable ways to enhance your investment portfolio: 1) increase your savings and 2) increase your income.
That is under seven years to reach $100k on your extremely normal compensation. In the event that you get a normal compensation directly out of school (in contrast to me) you’d arrive at 100k per little while before your 30th birthday celebration. That is a ton of mixture – enough to now coordinate your $11k commitments in profit each year and help you to 1,000,000 dollars significantly more rapidly.
One of the books I have read that have influenced my way of thinking about personal finance is the American book “The millionaire next door”, which has helped me figure out how to do it personally. Like many others, I have also asked the question, “How do you become a millionaire?”
Yes, Investing 100 a month for long period of time will compound to an incredible saving over time. Read on to see how much 100 a month become over a period of 10, 20, 30 and 60 years.
Definition: Mutual funds are professionally managed investment portfolios that allow investors to pool their money together to invest in something such as Stocks or Bonds.
Don’t know what stocks are? You are not alone! What does it mean to own shares, where to buy stocks? We explain in Investing for beginners
What is the difference between investment and speculation? The difference between the two you can learn about in this post
Payoff your debt with snowball or avalanche strategy
