Is it hard to get rich? Not really, if youre young.
Its fun to play with financial calculators and see what might happen.
Assume you have just graduated from college, are about 22 years old and I just started your first real job. If you put $100 a month in an IRA that grows at 10% [...]
Posts Tagged ‘Index Fund’
March 4th, 2010
Get Rich Slowly
Posted in Investing 
Tags: 22 Years, Account Time, Budget, Compound Growth, Expenditures, Financial Calculators, Financial Future, Grandmother, Hdtvs, Important Things, Index Fund, Ira Contribution, Late Model, Millionaire, New Cars, New Mortgage, Power Of Compound Interest, School Loans, Small Fortune, Stock Market
Tags: 22 Years, Account Time, Budget, Compound Growth, Expenditures, Financial Calculators, Financial Future, Grandmother, Hdtvs, Important Things, Index Fund, Ira Contribution, Late Model, Millionaire, New Cars, New Mortgage, Power Of Compound Interest, School Loans, Small Fortune, Stock MarketFebruary 5th, 2010
Dealing With Stock Market Corrections: Ten Do’s and Don’ts
Posted in Investing Tags: Actual News, Asset Allocation Decisions, Beautiful Thing, Crystal Balls, Diverse Group, Equity Allocation, Flip Side, Hiccup, High Water Mark, Hindsight, Hoard, Index Fund, Investment Strategy, Investor Profit, Market Expectations, Nyse, Smart Cash, Speculator, Speculators, Stock Prices
Tags: Actual News, Asset Allocation Decisions, Beautiful Thing, Crystal Balls, Diverse Group, Equity Allocation, Flip Side, Hiccup, High Water Mark, Hindsight, Hoard, Index Fund, Investment Strategy, Investor Profit, Market Expectations, Nyse, Smart Cash, Speculator, Speculators, Stock PricesA correction is a beautiful thing, simply the flip side of a rally, big or small. Theoretically, even technically I’m told, corrections adjust equity prices to their actual value or “support levels”. In reality, it’s much easier than that. Prices go down because of speculator reactions to expectations of news, speculator reactions to actual news, [...]