Have a look at MGK, the Vanguard mega-cap growth fund. Tiny expense ratio, performance charts are very impressive (beats the pants off the S&P500 consistently), and the companies inside are enormous and thus pretty darn safe.
The difference between "middle class" and "upper middle class" or even "wealthy" is being smart with your money. It is mind numbing how many people do not invest outside of their 401k. Most people don't even have an interest savings account, the lowest possible risk investment there is while keeping your funds fully liquid.
I want to say they don't teach this stuff in school, but if I didn't learn it in college, I'm not sure where I did.
Yup, they don't teach it in school because they don't WANT a large percentage of young people to know it. Instead, young people are bombarded with ads encouraging them to spend, spend, spend and borrow, borrow, borrow.
The system wants young people to be exploited and forced to pull the plow 40+ hours a week and make corporations rich until they're in their 70s, 80s or beyond, not until their 30s or 40s when they retire early and relax and enjoy themselves.
That doesn't get extra yachts and extra beach mansions for CEOs. Lifelong wage-slavery does.
Have a look at MGK, the Vanguard mega-cap growth fund. Tiny expense ratio, performance charts are very impressive (beats the pants off the S&P500 consistently), and the companies inside are enormous and thus pretty darn safe.
I'm in something very very similar. The vanguard admiral funds, imo, are the best there is, for hands off private investing.
Heard good things about them, but I usually stick to ETFs nowadays for new acquisitions. Both have their advantages though!
I'll take another look, thanks!
ETFs are a great money vehicle too.
The difference between "middle class" and "upper middle class" or even "wealthy" is being smart with your money. It is mind numbing how many people do not invest outside of their 401k. Most people don't even have an interest savings account, the lowest possible risk investment there is while keeping your funds fully liquid.
I want to say they don't teach this stuff in school, but if I didn't learn it in college, I'm not sure where I did.
Yup, they don't teach it in school because they don't WANT a large percentage of young people to know it. Instead, young people are bombarded with ads encouraging them to spend, spend, spend and borrow, borrow, borrow.
The system wants young people to be exploited and forced to pull the plow 40+ hours a week and make corporations rich until they're in their 70s, 80s or beyond, not until their 30s or 40s when they retire early and relax and enjoy themselves.
That doesn't get extra yachts and extra beach mansions for CEOs. Lifelong wage-slavery does.