708: What is Your Plan?

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Learn 2 strategies for a volatile stock market during the next few months in the chasm.

The next 3 to 4 months are going to be more volatile than usual. I anticipate huge up days and huge down days. More like an elevator than a roller coaster. 

What is your plan to get through it? I have 2 suggestions in this podcast.

Are you investing well for financial freedom…or not?

If you invest $10,000 per year for retirement, but earn only 2%, after 20 years you’ll have $262,692 and after 30 years $431,908.

However, if you invested for growth and the stock market averaged 10% annually, your $10,000 per year would grow to $697,299 after 20 years and $1,983,928 after 30 years! A huge difference. Your compounding rate, and how well you invest, matters! 

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Be Wealthy & Smart,™ is a personal finance show with self-made millionaire Linda P. Jones, America’s Wealth Mentor.™ Learn simple steps that make a big difference to your financial freedom. 

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