Investing in Index Funds


What is an Index Fund?

There are a many variations when it comes to this type of investments. Some of these include the S&P 500, Real Estate, International, and various other broad spectrum holdings. The way this fund works is by closely following the market. For example, the S&P 500 Index Fund keeps its holdings based on the S&P 500. Therefore, as the market changes you immediately see the changes in your fund’s value.

Top 5 things to do Today to make you a Millionaire Tomorrow


Today we are going to discuss five steps that will put you on the right track to becoming a Millionaire.

Start Paying Yourself

We spend a ton of effort paying bills and buying toys. However, how much effort do we spend paying ourselves? There is no way we can become a Millionaire if we can’t pay ourselves.

How much should we be paying ourselves? We need to be paying at least 15%-20%, if not more, of every check. This will allow us to build a decent nest egg over the course of a few years.