Income Investing tips
In my early career, I was fortunate to do well financially while working at Goldman Sachs. I also made the decision to live below my means, and to invest intelligently. By my late twenties, I had amassed a seven-figure nest egg, and in my early thirties, I actually took an extended vacation for about five years.
What I came to learn, however, is that you don't have to work for Goldman Sachs - or be a multi-millionaire - to be able to retire comfortably or early.You don't even have to figure out your "number"...
Three "Dead Money" Investments, Plus One "Living Large" (Part II)
Yesterday we looked at what may now be the single greatest risk to your retirement dreams - a seemingly benign 1% move in the 10-year Treasury yield. (See Part I.)
So now I'm going to show you what to do about it...
Remember, if we're going to keep increasing our wealth at a significant pace, we need to make a big adjustment.
Only a handful of companies can grow your money by 10% or more a year now. I'm going to show you three of them.
But please, before you buy these shares...
Sell your "dead money."
There are three brand-new forms of it.
The first one is obvious, but I'm going to cover it anyway. Any cash you have tied up in this asset will be in "zombie zone" far longer than anyone thinks. And millions of American investors own the other two investments.
Perhaps you own some of these companies, too.
Either way, beware...
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