Why Some people Almost Always Make Money With Investments

Written by Harold D. Swannson


Continued from page 1

With any venture or business where there can be great financial gain, there is risk. Real estate investment isn't any sure thing. It can be a way to help you and your family haverepparttar lifestyle and kind of life you've always wanted. Don't be afraid to takerepparttar 112183 risk if you're visionary and can seerepparttar 112184 big picture.

Real estate investment can berepparttar 112185 vehicle that makes you a millionaire or, atrepparttar 112186 very least, allow you to live comfortably. So, takerepparttar 112187 time to hirerepparttar 112188 real estate investing agent that knows what he/she is doing and is a knowledgeable and savvy salesperson. You potentially can and will earn quite a profit in real estate investing ventures; you just have to make pragmatic, well-thought decisions before you begin.

Harold D. Swannson has created a Investment Resourceful Information site Find Hot Investment



Harold D. Swannson has created a Investment Resourceful Information site Find Hot Investment


Benjamin Franklin, Pennies, and Millions of Dollars$$$

Written by Tom Levine


Continued from page 1

But wait, it gets better. Not only can you save up to 16% of your annual gross income, but, and here'srepparttar cool part, many companies will match a percentage of your funds, ranging anywhere from 4% to 50% and BEYOND, depending onrepparttar 112182 back-end benefits your company offers. So, let's say that your company offers you a 4% matched-funds package with your 401k...Do you realizerepparttar 112183 power of this important wealth building, tax-free device? You can give yourself a raise...A Tax Free Raise....A 4% raise...Right now. Simply, by participating in your 401k.

Now, forrepparttar 112184 most excellent part ofrepparttar 112185 deal. The 401k can be set up for automatic contributions, pre-tax. So, your employers’ accountants will automatically take your money out, and matchrepparttar 112186 funds, and this will all be done effortlessly, with out any work on your part whatsoever. This is an amazing passive, easy to do, wealth building mechanism.

So, as far as saving your pennies go...If you have a little piggy bank next to your bed, and no 401k going...Throwrepparttar 112187 piggy bank away...It's worthless. You need to START by setting up your 401k, and extracting all those amazing benefits from this wealth building vehicle.

One other thing: Usually, a company is only required to match funds up to 6% of your salary. This is a great benchmark, a great goal to work towards. Try to set up your 401k at 6% of your salary, and then increase it as you can. You will be goose-bump amazed at how LITTLE this impacts your take home pay, because again,repparttar 112188 6% is being taken out of your gross salary, before taxes are taken out.

3. On Millions and Millions and Millions of Dollars!:

Wait! Let's do some math!!! What would happen if...?

If you earned $50,000 a year, and let's say you worked up to 10% participation on your part, with 6% matched funds from your employer... How long would it take to get to a million dollars?

Well, let’s assume you start with a zero balance atrepparttar 112189 age of 30, with an 8% rate of return on average for your investments, an expected 5% annual raise, and an expected 4% rate of inflation. Now don't let these facts get you overwhelmed....You'll work your own details out later. Here'srepparttar 112190 point:

Long story short, you get to $1,000,000 at approximately age 59. Then, this account will pay you 75% of your pre-retirement salary untilrepparttar 112191 age of 85!!!

Does that sound pretty Good?

For me, that sounds AMAZING!!! The reason why, is because you can think ofrepparttar 112192 401k as your built in Benjamin Franklin penny-saving plan, without hardly lifting a finger. It is your back-up, it guarantees you a happy and secure retirement, possibly allowing you to retire while still in your 50's, and like I told you before, you will HARDLY NOTICErepparttar 112193 participation becauserepparttar 112194 money you are putting intorepparttar 112195 401k is completely tax sheltered, so you don't feelrepparttar 112196 sting come payday.

4. Conclusion:

Wealth happens in a series of moments, from day to day, week to week, month to month, year to year, decade to decade, generation to generation....If you can build wealth and prosperity as a lifetime endeavor, you can truly begin to understand what financial wealth is, and how Benjamin Franklin acquired it.

The better you get,repparttar 112197 more ofrepparttar 112198 basic steps that you take,repparttar 112199 sooner you can graduate torepparttar 112200 more advanced steps, resulting in faster wealth building, and resulting in greater acquisition of millions and millions and millions of dollars, underrepparttar 112201 rising of your very own, prosperous morning sun.

But, of course, it starts with pennies. We’ve enjoyed providing this information to you, and we wish yourepparttar 112202 best of luck in your pursuits. Remember to always seek out good advice from those you trust, and never turn your back on your own common sense.

Tom Levine provides a solid, common sense approach to solving problems and answering questions relating to consumer loan products. Visit Tom at Loan-Resource.Net , or read this article in full format here: Pennies , Copyright 2004, by Loan-Resource.Net .


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