Making a Million with $4000

Making a Million with $4000 is entirely possible and it just takes a little patience and planning….

Here is the method…..

10 Steps

  1. You must SAVE $4000.00
  2. You must open a brokerage account
  3. You must transfer $4000.00 to brokerage
  4. Open ROTH IRA at brokerage
  5. Transfer $4000.00 to ROTH IRA – ROTH IRA TAX BENEFITS 
  6.  BUY $2000.00 worth of a Large CAP Index Fund such as Vanguard Mega Cap Index Fund ETF Shares (MGCTax implications of ETF investingProfits you make on the ETF shares themselves aren’t taxed until you sell.If you hold your ETFs in a Roth IRA, you won’t have to pay any tax at all on capital gains, dividends, or withdrawals.

BUY $2000.00 worth of a Large CAP Index Fund such as Fidelity (FXAIX)   It mirrors the S&P 500    Tax implications of ETF investingProfits you make on the ETF shares themselves aren’t taxed until you sell.If you hold your ETFs in a Roth IRA, you won’t have to pay any tax at all on capital gains, dividends, or withdrawals.

 

  1.  Make sure you choose the option to have the Dividend Reinvested
  2.  Let the power of Time and Compound Interest work for you – Here is a calculator
  3.  DO NOT WITHDRAW ANY FUNDS, LEAVE YOUR ACCOUNT INTACT
  4.   After 45 years you could have close to $1,000,000 available, tax-free, in your Roth account…

 

Make it easy on yourself, investing is difficult,

Establish a ‘3 FUND PORTFOLIO’ and see how you go….

ADVANTAGES OF THE THREE-FUND INDEX PORTFOLIO

  • Diversification. Over 10,000 world-wide securities.
  • Contains every style and cap-size.
  • Very low cost.
  • Very tax-efficient.
  • No manager risk
  • No style drift
  • No overlap.
  • Low turnover.
  • Avoids “front running.”
  • Easy to rebalance.
  • Never under-performs the market (less worry).
  • Mathematically certain to out-perform most investors.
  • Simplicity

 

3 fund portfolio
3 fund portfolio