Your Wealth Account: Tax-FREE Income - Couverture souple

Steeple MBA, Law

 
9781493761272: Your Wealth Account: Tax-FREE Income

Synopsis

Double your wealth every 7-9 years. Earn over 10% with 10 low-cost mutual funds. Pay NO taxes and NO commissions/loads. No matter how much we earn, it is better to pay NO taxes and NO commissions or fees so our investments can compound at over 10% per year. Compounding high investment earnings is “the most powerful force in the universe.” Compounding is money earning money on its earnings over time. Simple but powerful. When we invest $250 a month, $3,000 a year, in successful businesses, we earn more than a bank CD. After 10 years, we have more than the $30,000 we paid because the businesses paid dividends and the market bid up the value of our shares of the businesses. See chart below. After 20 years, we could have over $200,000 and after 35 years, over $1,000,000. Over time, the stocks of growing businesses are the safest investment. Compounding works best when you put your money to work in successful businesses with no income taxes or broker/advisor fees. The table below gives you some idea of how fast your money can grow if you invest it in businesses like the ones whose products you buy every day. I will show you how to set up your $1 million Wealth Account in one hour with only $9 a day.

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À propos de l'auteur

Law Steeple has been in financial services for over 20 years. He was a managing executive of the sales units of a number of bank securities firms. He is one of the insiders who contributed to the The Insiders Guides set of buyers' guides edited by Dan Keppel. The guides provide specific ways to save on all financial services. The Insiders' Guides to Buying Discount Financial Services: Buy Direct and Save $3,000 Every Year is available at Amazon, Barnes and Noble, Abebooks. Law lives in New Jersey and Florida.

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