If I Only Had $100 to Invest
Автор: Steve | Call to Leap
Загружено: 2024-08-21
Просмотров: 28357
If I only had $100 to invest, this is what I would do with my money 🙂
1. Open a reliable brokerage like Vanguard, Schwab, Fidelity, or E*Trade
2. Open an Roth IRA
3. Connect bank account to Roth IRA and contribute $100 into the account on a recurring monthly basis
4. Buy S&P500 funds like SPY, VOO, and IVV
If you invested $100 a month for the next 40 years, with average returns you would have around $500,000 and all this money is tax and penalty free! 💵🌟
If you only had $100 to invest every month, what would you invest in? Share your ideas in the comments below! 👇
Remember, every step you take brings you closer to financial success.
-Steve
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