The best investing strategy
- Make as much money as you can
- Keep your expenses low
- Invest the difference
- The more you invest, the faster your money will compound and bring you more money
- Sit back and earn money with no effort. You are no longer trading your time for money.
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Time Is NOT Money | We Need To Change Our Thinking | Time > Money
millennialmoney.com
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"Many people are in the dark when it comes to money, and I'm going to turn on the lights. " ~ Suze Orman
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Long-Term (10+ years) Investing Strategy
After you maxed out your 401k, Roth IRA, and SEP-IRA, invest the rest in the following:
- 70% in index funds. They are low-tax since minimal trading is done within them.
- 20% in individual equities that you plan to hold for the long haul like A...
Month 6 – Work on your independence. (2)
Yet, you can do many things to become more independent:
- Focus on what could make you grow in your career.
- Learn to budget and track your expenses.
The Golden Rules of Personal Finance
- Spend less money than you earn
- Always plan for the future: you should always look forward beyond the current month
- Make your money make more money: invest, start a business or invest in your education.
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