I just finished reading a report from Young Invincibles describing the financial hardship facing Millennial parents. The economic tsunami of lower income coupled with the higher costs of raising a child and being saddled by student debt is taking a toll on this generation of future leaders. My heart goes out to this group as they attempt […]
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 […]
When looking for work one of the most important questions is, “Does the company have a retirement plan?” The surest way to build a retirement nest egg is through monthly deduction from your paycheck. Pre-tax contributions invested in a 401(k) are the best. Many companies offer a matching contribution. This automatic wealth building system has […]
Are you a grasshopper or an ant? Or are you a product of your environment? Grasshoppers raise grasshoppers and ants raise ants. If you were born into a family of spenders it’s pretty hard to become a saver. It’s not part of your DNA. Your mental model is to spend. Investing for retirement is foreign […]
This video will help you get started with investing from Munny Journey and planning for your children’s future.
Brad Dugdale, author of Munny Journey, explains creating financial security in an early YouTube video. Munny Journey is simple way to teach your kids or grandkids about money. At the same time, using tools like mutual funds, Munny Journey will help your children or grandchildren reach financial security, long before retirement.
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 […]