
My Website:
My Company:
_ _ _ _ _ _ _ _ _
A lot of investing comes down to compound interest… and math. Today, we look at the smartest decisions to make before the age of 30. Keep in mind, everyone is going to be in a different situation, so take this video how you will.
Number 1: Roth IRA
Roth accounts give you a tax advantage the other accounts don’t give you. Keep in mind you will want to leave this money there for a while for as much tax free growth as possible.
Number 2: Yourself
Whether it be formal education, entrepreneurship, trade school or getting some sort of professional license, investing in yourself to get some skill to earn a higher income a smart investment.
Number 3: Real Estate
If you are going to stay in one location for an extended period of time, it may be a good idea to invest and earn equity in a property.
Number 4: Small Business
Entrepreneurship is great because as you work, you are building an asset that you can sell at some point.
Number 5: Overseas Investing
Diversifying not only in your own country, but globally is a smart idea. Foreign currencies can allow you to avoid certain downfalls of the country you are currently living in.
#personalfinance #financialeducation #investing
source