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RE: ⏺How anyone can become wealthy with as little as even $1!

in #whalepower7 years ago (edited)

I am not sure if you cover index funds as 401k options over managed funds by major investment companies. The lesser expense ratio of index funds can earn you an extra 1% a year. Within the options that one's employer provides, there are always market mirroring index funds one can move into instead of the ones they automatically put you in.

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Index funds are actually one of the things I haven't put too much of my attention to. I don't even consider them simply because there are more than enough very promising, strong investments out there nowadays.. I don't want to overwhelm myself if that makes sense :)

you should look into putting at least a small % into index funds -- it's​ seriously free money, at least here in the USA. Also look into www.wealthfront.com