In just a few short days, we will turn the calendar page to a whole new year. It will be 2023. Just as we have new opportunities each day for a fresh start and a new beginning to expunge anything that may have taken us off our game a bit whether that is overspending, overeating, or overindulging in any area, we also have a fantastic opportunity to embark on a new year filled with ample opportunities, dreams, and goals. Now, Take a step back and think about the past year. What was good and what are the areas where improvements can be and should be made?
As many of you may know, my investing style is pretty simple. I mostly invest in index funds and ETFs. Simple, right?! I KNOW. Guess what investing does not have to be? Complicated. Below I will explain ten ETFs out of the close to 3,000 funds there are to choose from that can get you on the path to become a millionaire. Believe it or not, just utilizing a combination of these top ten ETFs can make you a millionaire.
This is not a treatise against Dave Ramsey personally. He has helped countless people figure out their financial and life situations. He even provides some sound financial advice. Despite many reviews on the Internet about Dave Ramsey and the Ramsey machine, this is not a blog railing against him. This blog is actually my take on Ramsey’s ideology and how it aligns with mine along with key elements about which I disagree.
I can help you with is the process of deciding what is best for your individual needs, thus enabling you to choose the investments that will fit your financial goals and your personal needs. Finances are personal.
Like any good, structurally sound building which has a strong foundation, the wealth triangle is the cornerstone to building wealth. There are three components to the wealth triangle: time, contribution, and return but TIME is by far the key element in building wealth rather than returns or contribution.
First, don’t panic. That is exactly what gets many people into financial trouble. Let’s walk through this together, so you may gain a sense of understanding and, hopefully, the resolve you will need to make wise decisions with your money.
Many people question how much they can earn investing in the stock market, and some question if they can earn 10%. You have to be careful making assumptions with the stock market and fully understand it for all of its nuances and intricacies. Investing in the stock market IS a good investment, but you haveContinue reading “Can I REALLY Earn 10% In The Market?”