Week 3: Open 2 Investing Accounts - Deepstash
Week 3: Open 2 Investing Accounts

Week 3: Open 2 Investing Accounts

Open:

  • a 401(K) account
  • a regular investment account.

Next:

  • If your employer offers a 401(k) match, invest to take full advantage of it. Contribute enough to get 100 percent of the match.
  • Pay off debts. This give you a significant instant return.
  • Open a Roth IRA. Contribute as much money as possible. Check the IRS website for current maximum income levels.
  • Money left over? Go back to your 401(k). Max this out.
  • Money left over? Open a regular non-retirement account. Invest as much as possible.

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"Rule No.1: Never lose money. Rule No.2: Never forget rule No.1." ~ Warren Buffett

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