@budgetdog_: You’re leaving money on the table... When I ask people why they don’t invest, I get one of three responses: 1) It seems risky 2) I don’t know how 3) I can’t afford it If any of those apply to you, read this: Because of inflation... Your money is worth 3% less every year. If you hold it in a savings account, you might be able to save a percent or two... But the average market return is 10% 👀 The RISKIEST thing you can do to your money is hold on to it. Here’s exactly how invest: 1. Open a brokerage online -> I like Fidelity, Vanguard, and Schwab. 2. Choose Your Account type: -> Roth IRA for retirement -> Taxable brokerage for non retirement 3. Contribute some $$ -> Turn on auto contributions to make it easy 4. Choose Your Investments -> I like $VTI and $VXUS Boom. Because ETF’s don’t have any minimum payment... You don’t need to be rich to do this. Just invest what you can, and stay consistent. I promise you’ll thank me later 🤝🏼
To be fair you’re not just investing $583. You’re adding that each month so after 30 years your 209k investment is what yields that total which is still great.
2026-05-08 14:34:12
0
To see more videos from user @budgetdog_, please go to the Tikwm
homepage.