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Name: Debbi King
Entry Category: Retirement and Investing
#MoneyMinute Voting is closed
Hi everybody, Debbi King here, author of the ABC’s of Personal Finance and 26 Weeks to Wealth and Financial Freedom. And I am here to share with you my money minute. And it’s an awesome tip. It’s in the area of investing. My tip is this, you take $100 a month from age 25 to age 65, invest it in a good gross stock mutual fund. Those are funds. They’re very popular, they’re everywhere, they average 10-12%. That’s over 20-30 years. But this is long-term investing. You take that $100 a month, put it in one of those funds, and when you’re 65 years old, you’re going to have 1.7-1.8 million dollars. Isn’t that awesome. And we all have $100 somewhere. Whether it’s the lattes, the movies, eating out, we all have $100 somewhere. So, take that $100, invest it, and let your money make money for you. And that’s my money minute.