Tag Archives: mutual fund

Investomom

What is an Investomom?

Investomoms are all about financial security.  This new breed of investor can see into the future to protect their kids and families from financial procrastination.  Each addition to the family starts a financial clock that she addresses with proactive vigor.  Investing a dollar a day into a growth mutual funds will help offset known events […]

How to pick a Mutual Fund

Picking a mutual fund could seem complicated because there are many to choose from, but let’s make things simple. At the 30,000 foot level, funds divide into growth funds that invest in stocks and bond funds that invest corporate and/or government bonds. Over long periods of time, stock funds provide higher rates of return in […]

This child will live to 120 years, and could earn a million dollars a year!

This National Geographic cover from May 2013 feature various babies with the heading “This Baby Will Live to 120.”  With that in mind, let’s talk about the power of compound interest. A one time deposit of $4,000 into a mutual fund would equal $123,948,000 based on the math shown in this video. A person living to […]

One Third of America’s 18- to 34-Year-Olds Live with Parents

According to a report from Deutsche Bank, one third of american adults aged 18 to 34 live with their parents. So, Munny Journey is introducing the “Keep Your Kid Out of Your Basement Investment Kit.” Just a dollar a day, starting from birth, can keep your kids (or grandkids) from living in the basement. Take […]

What’s Your Plan if You Live to 100 Years Old?

For just a $1 a day, the oldest living American could have $89 million. Jeralean Tailey is now the oldest living American at 115 years old. If Jeralean invested $1.00 a day from birth, and received an average S&P 500 investment return, that $1 a day would be worth $89,023,066.00! That’s the power of compound […]