Things You'll Need:
- 1)income
- 2) Decipline to save, then save and invest until it becomes second nature.
- 3)access to internet connection for research a couple times a month.
-
Step 1
Pay your savings account 10% of your paycheck first just as it were a bill. Nobody gets paid until this is deducted out!
-
Step 2
Build up a minimum of $1000.00 in your savings. You may decide you want more but maintain your balance above it.
-
Step 3
After you have your savings at a balance you are comfortable with keep saving until you bulid up an additional $500.00. Then open up an online trading account with a discount brokerage firm. I recommend Trade King, Scottrade, or E-TRADE. Research the barchart at barchart.com and invest your $500.00 in any of the top five stocks..then put a 15% trailing sell order on it. Then save another $500.00 and repeat. Your return on your money will average over 20%..TWICE as much as a Roth IRA!















