Picture your perfect year - take... - Deepstash
<ul><li><strong>Picture your p...

  • Picture your perfect year - take time to reflect on 2021 and think about what, if anything, you'd like to do differently in 2022.
  • Track your growth - calculate your net worth is a good start. This is essentially your assets (cash in checking and savings accounts, investments, real estate, cars, etc.) less your debts (student loans, mortgages, overdue credit card bills, etc.). You can use an app like Personal Capital, or an Excel tracking sheet.
  • Invest in an index fund - opt to invest in index funds if you’re looking to build wealth. Index funds are designed to track the entire stock market.

65

290 reads

CURATED FROM

IDEAS CURATED BY

noviceinvestor

Income. Save. Invest. Spend πŸ’‘~ Making Careers & Investing Simpler

The idea is part of this collection:

Survival Tips

Learn more about personaldevelopment with this collection

Basic survival skills

How to prioritize needs in survival situations

How to adapt to extreme situations

Related collections

Similar ideas

Calculating your assets and liabilities

Assets are anything of value that you own that can be converted into cash. Examples include:

  • Investments
  • Bank and brokerage accounts
  • Retirement funds
  • Real estate
  • Personal property: vehicles, jewellery and collectables.
  • Cash

Your...

What is an Index Fund?

What is an Index Fund?

An index fund is an investment that tracks a market index, typically made up of stocks or bonds.

Index funds typically invest in all the components that are included in the index they track, and they have fund managers whose job it is to make sure that the index fund performs the same as t...

Investing Decisions

Invest in something that has an underlying value.

Limit your potential losses by diversifying. For instance, invest in an index fund, real estate, and business.

Read & Learn

20x Faster

without
deepstash

with
deepstash

with

deepstash

Personalized microlearning

β€”

100+ Learning Journeys

β€”

Access to 200,000+ ideas

β€”

Access to the mobile app

β€”

Unlimited idea saving

β€”

β€”

Unlimited history

β€”

β€”

Unlimited listening to ideas

β€”

β€”

Downloading & offline access

β€”

β€”

Supercharge your mind with one idea per day

Enter your email and spend 1 minute every day to learn something new.

Email

I agree to receive email updates