I get the question of what should I invest in so often I decided it was about time just to create Investing 101 Blueprint. This post will not be the end all be all. I think I will make this part of a Step-by-Step Blueprint Series. I’m not a financial advisor everyone must do their own research.
Words To The Wise
If you have ANY debt that is not a Mortgage, you should consider tackling that depending on the interest rate before investing. Why? Because mathematically, it makes no sense. Check out my Debt 101 Blueprint to smash all your debt. The goal of your investment strategy should be to build wealth, not diminish it. This will be a basic step-by-step Investing 101 Blueprint guide.
IRA’s, 401K’s, Taxable Accounts, ETF’s and Index Funds.
Look at contributing to your employers 401K at least up to the match. There is no reason to leave free money sitting on the table.
Consider opening up a Roth IRA or Traditional IRA with Vanguard.
Open up a taxable account with Vanguard.
Set your investing on autopilot by automating your investing. This can be done weekly, bi-weekly, or monthly.
Buy And Hold these investments. Invest as much as you can as often as you can.
Don’t lose your shirt. Stay the course with this simple Investing 101 Blueprint guide until you have built a good wealth foundation and are ready for the next level.
Don’t listen to the news, influencers, gurus, or day traders. You will eventually see your stocks go down in value. Literally don’t touch your investments instead stick to this Investing 101 Blueprint and keep repeating. Your investments will trend upward over time if you follow this blueprint.
Everyone must do their own research on investing and funds. This Investing 101 Blueprint will get you on the right wealth-building path to reach Financial Independence.
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