Download presentation
Presentation is loading. Please wait.
Published byLora Winifred Spencer Modified over 9 years ago
1
Who Wants To Be A Millionaire
2
Get Rich Quick vs. Get Rich Easy Two pillars for building wealth Manage your money Invest it
3
First Pillar: Managing and Budgeting Budgeting –Income does not equal outcome –The average millionaire 2 credit cards 2 cars 2 suits Modest house
4
Second Pillar: Investing How much to invest? = $1,000,000 Where to invest?
5
Where To Save Your Money Savings accounts –0.5-4% APR CD’s –3-6% APR Bonds –6-9% Return Stocks –10% Average Return
6
Mutual Funds Manager pools money and invests in different stocks Easy to invest As safe in the long run as any other investment Mutual fund companies to look into: –Fidelity Mutual www.fidelity.comwww.fidelity.com –Vanguard Mutual www.vanguard.comwww.vanguard.com
7
Becoming a Millionaire 1.Managing money Avoid debt Be thrifty 2.Investing Invest as much as you can Stock mutual fund 3.Repeat steps 1 and 2
8
The End
Similar presentations
© 2025 SlidePlayer.com. Inc.
All rights reserved.