I taught myself how to invest for retirement after saving for years - Business Insider

📆 24/12/2020 04:33 p. m.
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'I got this sneaking suspicion that, if I stayed on the trajectory I was on in terms of earnings and what I could expect from my income, and only saved money, I'd never have enough to retire'

when I took my initial steps into my independent adult life, so I could make bolder and riskier money moves from a solid foundation.

As a millennial with a desire to be self-employed, however, there would be no pension for me; no 40-years-at-the-same-company career path.contribute to the company's retirement plan and ensured I got the full employer match. Outside of that, I did what I knew to do: I saved as much as I could ...

This wasn't a blog to dole out advice to anyone; I highly recommend you hire a professional and Certified Financial Planner for that, not some millennial with a keyboard who likes to muse into the void of the internet. Now, I'm not suggesting you need to create your own blog to start investing — but I do think it's worth doing your own research and asking the questions that you have. The information is out there and the challenge is not in accessing it, it's in sifting through it to find the strategy and action steps that best suit your situation.

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$500/month, every month, into one stock. It’s ticker is QQQ and it tracks the S&P500. You are almost guaranteed to retire a multi-millionaire.

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