New Year's Resolution: Become a Millionaire Even if You Make $35,000 a Year
Want to be a millionaire by 30? 40? 50? No matter your goals, you can become a millionaire EVEN if you make $35,000 a year. Watch this video to learn more.
You work hard for your money and your money should be working hard for you. But if you're just starting a career, you're probably more concerned about making ends meet rather than jumping into the stock market.
Stop the excuses!
You don't need a ton of money when you have something more valuable -- time! The math here is simple. Let's just say that you're a 22-year-old making $35,000 a year.
If you put 10% of your salary into a 401(k), you'll end up with $1.1 million by the time you are 65, according to an online 401(k) calculator. That assumes just a 2% annual raise each year and if your employer contributes nothing to your 401(k). Many employers do contribute -- that's free money.
That way, You can buy all the avocado toast you want.
Despite the president's promise of no stimulus until after Nov. 3, there are no signs yet that this is the sort of correlated selling that leads to a deep correction.
Breaking down an approach to the long side of this biotech stock.
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