CREATING MILLIONAIRES: POSTERS AIDING WEALTH GROWTH

Hijo de luna

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Ahhh..so you're the "The Official Financial Advisor of The Coli"...? lol

Question: I have a Roth IRA (with T Rowe Price) and I invest in a target retirement fund (2040). Are target date funds diversified enough or should I add another type of fund?

BTW, the expense ratio is .64
Target date funds are fine for those who want the hands off approach to investing. IMO anyone with the basic knowledge of buying and selling would come out much better. Expenses eat into your returns
 

NeilCartwright

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Highly recommend everyone read the e-books by Jarim Pearson, called Brass Knuckle Finance. Got a good on general finance, starting a business, taxes, and my personal favorite, investing:wow:

He lays out some templates around a handful of things. Like using ETFs to periodically buy cars in cash, having 50k in residual income 15 years after paying off all your personal debt.


Breh will put you on game:whoo:
 

greatone

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I was reading "Rich Dad, Poor Dad" and the author was talking about accounts with 15%-20% compound interest. Do such accounts exist and how to sign up for one?
I checked my work 401k account a couple week ago and for the year 2017 I earned about 23%. I have mutual in a Roth IRA and a regular individual account with Fidelity and the year analysis for those mutual funds it say it earned over 20%. However I can't tell if the money I have in the account earned over 20% for the year because Fidelity show total money earned while you have money invested in the fund and not just the year amount.
 

Medio

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I was reading "Rich Dad, Poor Dad" and the author was talking about accounts with 15%-20% compound interest. Do such accounts exist and how to sign up for one?

Yes, sign up for Betterment or Robinhood -- Betterment has actual retirement funds which might not be 15-20% but Robin Hood if you invest in ETFs you can probably get 20% and even more.. I did about 20% last year
 

Dolla$

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I have a old 401k account that I’m considering rolling over. Debating if i should roll it over to my current company’s Fidelity 401k account or a Betterment account
 

Silkk

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Bump

About to setup my rainy day online savings account. Guess im gonna go with Ally :patrice:
 
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