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Investing
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Build a million dollar portfolio on pocket change
- Avoid the 10 biggest investment mistakes
- Make up to 18% interest with tax lien certificates
- Which IRA is best for you?
- Make the right choices for today's market
- The best no-load mutual funds
- Thousands more easy strategies that work for everyone. Every time!
The 10% Solution
Always pay yourself first. The less money you think you have, the more important
this strategy becomes. Beginning with your next paycheck, take 10% right off the
top and pay yourself! Do the same with every paycheck you receive from today forward.
Take the first 10%, even before you pay your rent, mortgage, car or any other bills.
Your 10% should be invested in a savings account until you have accumulated two
to three months of living expenses. Once you have your cash savings, continue to
pay yourself the 10%--but now make the payments into long-term investment vehicles
such as mutual funds.
Qualified plans such as 401(k), SEP-IRA, SIMPLE plans and other employer-sponsored
retirement plans are a great way to apply the 10% Solution. The money is put aside
for you before you ever receive it in your paycheck. An amount as small as $100.
a month (10% of annual salary of $12,000) invested for 40 years at an average return
rate of 12% would grow to a nest egg of $1,176,477! Give IAS a call, We'll help
you make the 10% Solution your reality!
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