The Simple Path to Wealth
Investing
Invest in index funds
from The Simple Path to Wealth: Your road map to financial independence and a rich, free life by J.L. Collins
How to Apply This
-
Open a tax deferring account.
This will be a major source of income for your retirement, so fund this account first if possible. -
Select an index fund to invest in.
VTSAX is a good investment fund as it covers the entire US stock market. Deposit at least 10% of your income there every month -
Reinvest the interests over time.
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