How much interest would you get on one million dollars is a surprisingly complicated question. If you’ve ever thought you’d be set for life with one million dollars in the bank, find out why you’re wrong here. The interest rate on $1,000,000 may surprise you.
Investing can be incredibly confusing, but I want to make it easier to understand. Mutual funds are a staple of investing, but even those are hard to pick. That’s why I want you to make sure that you understand the basics of how often you’ll get paid from your mutual fund, the answer might surprise you.
Compound interest is an incredible thing, like bread! Find out how compound interest and bread are alike and understand compound interest and the power of investing for the long term in the process.
Disclaimer: The statements made in this post are the opinion of the author. They should not be viewed as financial OR tax advice. Please consult with a financial specialist and tax professional before making any financial decisions.This post may contain affiliate links, meaning I’ll receive commission at no extra cost to you for your purchase.*Continue reading “5 Tips for Low Income Earners Who Want to Invest”
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