| |
| |
|
Investing Information |
|
|
|
Who Wants To Be A Millionaire?
I am sure you have probably read about the power of compound interest. And how if you invested $10,000 at 10% return and let it compound for 50 years you would have a little over 1 million dollars. Now that's all well and good, but who wants to wait around for 50 years before they can enjoy the fruits of their labor. A quick tweak of the spreadsheet tells us that if you could increase your returns to just 15% per year, we would be looking at a million dollar balance in around 35 years, which would also be bringing you in around $150,000 more each year after that. 25% return per year will turn your $10,000 into 1 million in around 22 years, producing another $250,000 per year in additional cash flow. This brings us to an important point. How much is enough? How much money do you need to live your life? Well, its all relative to the lifestyle you wish to lead. A good way to work out how much is enough, is to consider how much money you live off now. Work out how much money you would need to earn to replace your current income with your investment income. If you earn $50,000 per year, then it will only take you around 15 years from the example above at 25% return to replace your income from your investments. Work out how much money you need to live the lifestyle you want, and then take that figure and work out how much money you need invested to produce an equal income. You might just be pleasantly surprised at how much you really need, and that it is not that far out of your reach. Are these returns really possible? The figures we talked about above are really just to give you an idea of what's possible. Again everything is relative to how much work, time, money and commitment you are prepared to make in order to secure these returns. A good managed fund will give you around a 10% return per year, but if you want to take things to the next level, then the only way to do this is to learn how to invest your own money. Returns of 25% and higher are certainly possible, people make returns like this all the time. You just need to learn the strategies, and apply them. Sure there will be some bumps in the road ahead, but consider the alternatives. Your job for this week, is to set some time aside and figure out how much money you will need in order to replace your income. Work out all your living expenses and any other costs you need to consider, and make that your first goal. Read More Free Investment, Wealth Creation & Personal Finance Articles & Tutorials at: http://www.global-investment-institute.com The Global Investment Institute has been setup to aid people in the pursuit of a better lifestyle through managing their money effectively, investing wisely and wealth planning for their future.
MORE RESOURCES: Biden issues first veto of presidency, rejecting GOP-led bill to reverse ESG investing rule CBS News 7 Best Online Trading Platforms of 2023 Yahoo Money Gold investing dos & don'ts to know CBS News Leading Voices: Investing in the Future of Care Yahoo Finance Brokers Suggest Investing in SoFi Technologies, Inc. (SOFI): Read This Before Placing a Bet Yahoo Finance Admitting investing mistakes directly leads to making better decisions and, thus, making more money The Economic Times Ignorance Really Is Bliss When It Comes to Investing The Wall Street Journal At What Age Should You No Longer Be Investing in Stocks? GOBankingRates Investing in Nature Is Both Popular and Sound in Minnesota The Nature Conservancy Opinion | A Conservative Pushback on Socially Conscious Investing The New York Times Stock Markets Wobble as Investors Eye Fallout From Credit Suisse Rescue The New York Times USB wisely investing Checkoff dollars to drive demand Part 3 ... Iowa Agribusiness Network Women aren't investing at the same rate as men. Here's why it matters—and how the gap can be closed CNBC 3 (Good) Reasons Warren Buffett Doesn't Invest in Biotech Stocks The Motley Fool Why Investing at the Last Moment Can Hurt Your Returns The New York Times EUR/USD Bulls Want Breakout to the Upside Investing.com It’s a Confusing Economic Picture: What to Do Next? Investing.com 3 of Warren Buffett’s biggest investing mistakes—including the ‘dumbest’ stock he ever bought - CNBC SVB Collapse Is Positive for Industrial Technology Investing.com Which Gold ETFs Can Help You Hedge Bank Exposure? Investing.com Investing for Teens: What They Should Know Investopedia Investing in Black America McKinsey New York Open: Cuckoo for CoCos Investing.com Fed faces dilemma, hit pause or keep raising rates? Investing.com Analysts Warn Investors To Dump 10 Big Stocks Before It's Too Late Investor's Business Daily Investing in Replicate Andreessen Horowitz Investing in Svix Andreessen Horowitz VIDEO: Here's Why 2023 Is Not 2008 - Investing Daily Investing Daily E-Mini Bulls Want Upside Breakout of Bear Flag Investing.com Gold Prices Set to Skyrocket Investing.com Gold Predicting House of Cards Collapse Investing.com What's The Surest Route to Investing Excellence? Morningstar The Fundamentals of Value Investing The Motley Fool How to Invest $10,000 for Retirement | Retirement | U.S. News U.S News & World Report Money Is the Credit Suisse Acquisition a Good Deal for UBS? Investing.com The Energy Report: No Confidence Investing.com Globalnewsonline: Chen Zekun: Judgement of Major Investors' Movements and Three Useful Tips for Retail Investors. Yahoo Finance Three things to consider before investing in mobile robotics Design World Network In Oregon, Secretary Haaland Highlights Investments in Wildland ... US Department of the Interior Invest in yourself: Advice from a female founder who raised $100 million for her business Business Insider Africa CN investing $1.3M into playground equipment, community room ... Cherokee Phoenix Know what ESG investing is — and isn't Star Tribune These are the outdoor projects homeowners should invest in this spring The Philadelphia Inquirer Is Small Cap Investing Right for You? Of Dollars And Data S&P 500 Bull Market: 1 Great Reason to Be Optimistic About ... The Motley Fool Impact Investing and the Creative Economy: An Interview with ... - Rockefeller Philanthropy Advisors Impact Investing and the Creative Economy: An Interview with ... Rockefeller Philanthropy Advisors Paxton Takes Next Step in Lawsuit Against Biden Administration ... Texas Attorney General (.gov) |
|
|
|
RELATED ARTICLES
The Differences Betweeen the Wealthy and Everyone Else I recently received an e-mail from a young lady who had doubts about the principles of wealth found in "Rich Dad, Poor Dad". She mentioned a couple of past failed investments, and wanted to know what I thought about investing and financial freedom - whether it was just a myth, or whether it could be acquired. Asset Allocation: Critical to Your Investment Success Asset allocation is a critical component of investing success. Both research and academic studies show asset allocation to be single most significant factor in determining your financial goals. The Arrow-Debreu Contingent Claims Model of Investment Throughout the discussion of speculation and stability, we emphasized that uncertainty theorists now have a generally accepted framework for modeling choice under uncertainty. Economic theorists have chosen to model uncertainty as the revelation of a state of the world. 25 Ways to Find Companies to Buy When you start your program to purchase your "ideal" company, you quickly realize that your ultimate success will depend on two primary skill sets: 1) Your ability to FIND viable companies that are for sale, and 2) Your ability to effectively qualify the potential acquisition investment once found.This article is about only step one, how to creatively find viable companies and one's that are able to be purchased. Exchange Traded Funds They call 'em ETFs.There are hundreds of them. Planning for Retirement Almost without exception, people don't start planning for their retirement early enough in their lives. Young people leaving High School or College and going into their first paid position find it difficult to look or see ahead to age sixty or sixty-five. An Investment Real Estate Strategy Unknown To Most Is A Negative Amortization Loan If you want to make the most of your personal or investment real estate, you should consider a negative amortization loan. Mortgage amortization is basically mortgage balance reduction. Sell Discipline for Investors: Importance and Execution Investors usually don't have an aversion to buying an asset. The real gut wrenching decision is when - and if - to sell. Larry, Moe and Curley, Investment Brokers Larry, Moe and Curley were sitting in their favorite restaurant just off Wall Street having their usual 3 martini lunch and were discussing the day's events and their client portfolios.Larry:"I had 12 calls this morningfrom customers wanting to know why the market was going down". How to Terror-Proof Your Money "To drift is to be in hell, to be in heaven is to steer." -GeorgeBernard ShawFormer Homeland Security Director,Tom Ridge, has said it's not a matter of "if"we'll have another terrorist attack, but when. Annuity Investment Guide While there is not a lack of information on annuities, there certainly is a lack of good information. In an age full of information, we are constantly bombarded with irrelevant data. The Key Ingredient To Increase Preconstruction Profits By Over $20,000 One of the greatest preconstruction investing issues that I hear from individual investors is that they can't get access to what they believe are good projects. Regardless if the preconstruction project is a beach condo, a townhouse, a single family home, or even land investment, individuals are finding that many restrictions are being placed on them by developers. The Perfect Economy? The U.S. Pros & Cons of Investing in Bonds What are Bonds?A bond is a debt security, by which you are lending money to a government, municipality, corporation, federal agency or other entity known as the issuer. In return for investing in the bond, the issuer promises to pay you a specified rate of interest during the life of the bond and to repay the face value of the bond (the principal) when it becomes due. For Entrepreneurs A SIMPLE Plan May Be Best Q: I own a small decorating business and I'll be the first to admit that I don't know anything about taxes or retirement plans. I'd like to set up a 401(k) or an IRA or some other kind of retirement plan for me and my three employees. Buying Florida Investment Properties and Where Its Hot Relaxing in Style: Florida Investment PropertiesIn Florida, relaxing in the sun and sand is a way of life. There's no better way to experience a slice of Florida living than buying your own space. Why Do You Want to Become a Online Trader? Motivational guru Tony Robbins teaches that the reason for doing something rates much higher than the methods you use to get the job done. In order to make your goal REAL, you need to attach severe, horrifying, intense and profound fear to failure. Direcway & Wildblue Set to Square Off this Fall? There is a cat fight brewing between Direcway LLC, Starband and Wildblue Communications for the large number of people in the U.S. Looking For a Safe Investment? Try a Certificate of Deposit If you are looking for a safe investment and you have between $100 -$1,000 to invest, you should consider a certificate of deposit or CD. When purchased through a bank, CD's are federally insured up to $100,000. Franchise Investing, Franchise Opportunities and Franchising Renewals Have you considered buying a franchise instead of trying to start a business from scratch. Many franchise agreements are renewed every five or ten years, automatically.
|
| home | site map |
| © 2006 |