Great time to put money into an index, buy a stock, whatever. I make a modest salary, my sibling makes twice what I do, but I have the money. Why? Simple. I drive a cheap car and wear cheap clothes and live frugally and invest the rest. The secret to wealth is frugality and investing wisely and patiently, not having a huge income. Look at what $100 a month into an index fund at 10% does over the course of 30 years. For you young folks, 30 years go by fast. Do the math it’ll shock you.
March 19, 2021 at 01:41AM