Day 26 - Investing
Day 26
The real purpose of Investing is to create more buying power (money), from money, than what Inflation takes away. Invested money is money that won’t be spent for several years (decades even). Whereas Savings is money that is generally spent with in months.
- 08 Investing
Links to an external site.
- Rule of 72
- Inflation
- IRA
- 401k
- Taxes
- RULE of 72 Practice
- (Journal Questions 1-3) Taxable-Roth-VS-Tax-Deferred-IRA-401k-Explanation