INVESTING IS GOOD FOR THE SOUL.

What Do You Mean?

Investing does not just earn you money. Investing earns you satisfaction. Yes, I know, money is not the key to happiness. That is not what this is about. This is about having joy that you were able to give yourself and your family security for years to come. When your family is taken care of, true happiness sets in.

School Is Cool.

I am not sure about you, but my parents never made a college fund for me. This is not a bad thing; they just helped a little when it came time. When I say college fund, I mean some sort of investment fund. If you plan on having kids, I encourage you to create a college fund for them. Even if they do not attend college, when they turn 18 that money can be theirs to get started. I would recommend an IRA account. These can be used if contributions are made for at least 5 years. I would start on the day my child is born, putting $5,000 in the account. Watch it grow.

Your Own Happiness.

Have you ever dreamed of the perfect vacation? Is it Hawaii, Bora Bora, Australia? Just imagine being able to travel wherever and whenever you pleased. If you take my advice and start as young as 19 or 20, by the time you are 60 your money will double at least 5 times. I will give an example. At age 20, you start out with a contribution of $2,000. You pay $100 weekly into the account. You do this for 30 years at an average interest rate of 10%. You will have about $1.5 million at the age of 50. You cannot take the money out until you are 59.5, unless you want a penalty. You and your spouse could live off the interest for the rest of your lives.

Give it a try: https://www.msn.com/en-us/money/tools/timevalueofmoney

Kid’s Futures Are Changed.

My dad always talked about changing the lives of the generations that will follow me. When I retire, I do not plan to spend all of the money. I will live off the interest. This will leave the money for my children when I die. However much that may be, I will want them to put it into their own investment account for their children. So on and so on. The money will take care of generations that follow. Imagine being able to take care of your family for years. They can be worry free. It is a nice feeling, isn’t it? You can do that!

Make It Happen!

I challenge you to sit down and think about these things. Investing is a great tool that can benefit not just you, but your family. It may seem like a fairytale, but play this game right, and it will be a reality. You cannot afford not to. Do not wait until it is too late!  

INVEST NOW!

START INVESTING NOW!

The Time Is Now.

As my dad has beaten investing into my head, I am here to do the same. This is not something to take lightly. Investing can change the whole landscape of your entire future. If you do it right, you can be looking at millions when you retire.

Decide where to invest – There is one type of investment I want to emphasize in this post. That is a Roth IRA. A Roth IRA allows the investor to store after tax income into an account. There is a limit to how much can be invested each year. The limit is $6,000 a year in contributions. When the investor retires, the money can be taken out tax free. To me, this is the best individual investing account there is. When your money is in the account, a company will spread it to different stocks. You do not have to do anything. There are many other investment options you can invest in. The most important thing is finding what is most comfortable for you and your spouse.

Decide how much to invest – If you can, max your contributions each year. If you are lucky enough, you can max one account and invest in another account. Right now, I am investing $100 a week into my Roth IRA. At the end of the year, I will have invested $5,000. Many people can give a little more, and some cannot give as much. It is just important that you invest something. Always consider how much your bills and expenses are. Never invest too much, making it impossible to live. Never put your well-being in jeopardy. Me, I do not require a high standard of living, so I am able to invest more. Again, do what is comfortable and what will work for your life.

Never think too much about it – The worst thing you can do while investing is continuously look to see how much money you have made. On average, it takes 6 years for your investment to double. So, if you are 22, at age 60, your money will have doubled 5 times. The later years of investing is when you see your money grow tremendously. Some people stop investing after a few years. Life gets in the way or you cannot afford it. Staying loyal to investing until the day you take out at retirement will make a very big difference. The difference is hundreds of thousands of dollars. Do not become exhausted and stick to it. You will love yourself for it in the end.

Make it happen! – My mindset towards investing is “I can’t afford not to.” Not “I can’t afford it.” If you want to do the math for yourself, I challenge you to take a look. Do not wait until it is too late! Invest now!

Time Value of Money Calculator – https://www.msn.com/en-us/money/tools/timevalueofmoney

START INVESTING NOW!

START INVESTING NOW!

The Time Is Now.

As my dad has beaten investing into my head, I am here to do the same. This is not something to take lightly. Investing can change the whole landscape of your entire future. If you do it right, you can be looking at millions when you retire.

Decide where to invest – There is one type of investment I want to emphasize in this post. That is a Roth IRA. A Roth IRA allows the investor to store after tax income into an account. There is a limit to how much can be invested each year. The limit is $6,000 a year in contributions. When the investor retires, the money can be taken out tax free. To me, this is the best individual investing account there is. When your money is in the account, a company will spread it to different stocks. You do not have to do anything. There are many other investment options you can invest in. The most important thing is finding what is most comfortable for you and your spouse.

Decide how much to invest – If you can, max your contributions each year. If you are lucky enough, you can max one account and invest in another account. Right now, I am investing $100 a week into my Roth IRA. At the end of the year, I will have invested $5,000. Many people can give a little more, and some cannot give as much. It is just important that you invest something. Always consider how much your bills and expenses are. Never invest too much, making it impossible to live. Never put your well-being in jeopardy. Me, I do not require a high standard of living, so I am able to invest more. Again, do what is comfortable and what will work for your life.

Never think too much about it – The worst thing you can do while investing is continuously look to see how much money you have made. On average, it takes 6 years for your investment to double. So, if you are 22, at age 60, your money will have doubled 5 times. The later years of investing is when you see your money grow tremendously. Some people stop investing after a few years. Life gets in the way or you cannot afford it. Staying loyal to investing until the day you take out at retirement will make a very big difference. The difference is hundreds of thousands of dollars. Do not become exhausted and stick to it. You will love yourself for it in the end.

Make it happen! – My mindset towards investing is “I can’t afford not to.” Not “I can’t afford it.” If you want to do the math for yourself, I challenge you to take a look. Do not wait until it is too late! Invest now!

Time Value of Money Calculator – https://www.msn.com/en-us/money/tools/timevalueofmoney

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