- Saving regularly (saving 1 $ a day everybody can become a millionaire in his or her lifetime!)
- Investing in the stock market with ETFs (Exchange Traded Funds)
- Keeping fees down
- Diversifying your portfolio
- Holding investments for the long term—like 15 + years
I am mentoring a talented lady about 5 years into her career.
During our conversation this afternoon, the topic of stock investing and saving for retirement came up.
She asked me whether she should trust her Financial Advisor – who happens to be a classmate of hers.
This was my response.
Whether we like it or not, money plays a big part in life. We might as well develop some liking for it, identify the “good of money” and explore ways to make our money work harder for our long-term enjoyment.
Lots of research has proven that the following does work to build a nice nest egg:
