Transcription of How Millennials Can Get Rich Slowly
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How Millennials Can Get Rich Slowly
If You Can How Millennials Can Get rich Slowly William J. Bernstein 2014 Woul d you b el i eve m e i f I t ol d you t hat t her e s an investment strategy that a seven-year-old could understand, will take you fifteen minutes of work per year, outperform 90 percent of finance professionals in the long run, and make you a millionaire over time? Wel l , i t i s t rue, and her e i t i s: St art b y s avi ng 15 percent of your salary at age 25 into a 401(k) plan, an IRA, or a taxable account (or all three). Put equal amounts of that 15 percent into just three different mutual funds: A total stock market index fund An international total stock market index fund A total bond market index fund.
How Millennials Can Get Rich Slowly William J. Bernstein ©2014 . Would you believe me if I told you that there’s an investment strategy that a seven-year-old could understand, will take you fifteen minutes of work per year, outperform 90 percent of finance
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