Index Funds: A Beginner's Guide To Wealth Creation
For years, you have been hesitant to invest your money in the stock market. You have been told that the market is risky and that no one in their right mind can truly make money and build wealth.
You have money in your bank account and realize that your money does not produce anything meaningful.
You have ambitions to become a millionaire, to have a decent nest egg for retirement, and build wealth for yourself and your family. You have been picking individual stocks without success. You tried options, day trading, and even bought on margin without having any luck.
Now you have no idea where to start and are absolutely frightened to invest in the market.
I'm here to tell you that this book is the right one for you. Index funds are affordable, enable diversification, and tend to generate attractive returns over time. Historically, they have outperformed other types of funds that are actively managed by top investment firms. This is why you should have them in your portfolio.
In this book, you will learn about :
What index funds are
Why index funds are better than stocks and actively managed funds
The magic of compounding interest
The great performance of index funds over the years
The importance of costs and fees in your portfolio
Different Investment Accounts (401k, Roth IRA, 529, custodial accounts, HSA)
Asset Allocation & Diversification
ETFs and Mutual funds
A great problem to have: VOO vs. VTI: Similarities and Differences
Portfolio ideas to consider
How to calculate your retirement number
Lump-Sum vs Dollar-cost average
Index Funds: A Beginner's Guide To Wealth Creation