Here is the article.
8: Not Investing
If you do not get your money working for you in the markets or through other income-producing investments, you cannot stop working - ever. Making monthly contributions to designated retirement accounts is essential for a comfortable retirement. Take advantage of tax-deferred retirement accounts and/or your employer-sponsored plan. Understand the time your investments will have to grow and how much risk you can tolerate. Consult a qualified financial advisor to match this with your goals if possible.
I did my personal finance research starting Nov. 2018, and I found out that I did not invest $8000 US dollars and let is put in Scotia bank over 6 years. Here is the blog.
I did find out that I had over $50,000 Canadian dollars, and the interest I earned in 2018 is less than $100.00 dollars.
Feb. 21, 2020
I should make a portfolio using the asset $8,000 US dollars for 6 years. One of ideas is to check 5 yrs return, and invest them on US index fund.
My sharing
I did my personal finance research starting Nov. 2018, and I found out that I did not invest $8000 US dollars and let is put in Scotia bank over 6 years. Here is the blog.
I did find out that I had over $50,000 Canadian dollars, and the interest I earned in 2018 is less than $100.00 dollars.
Actionable Items
Feb. 21, 2020I should make a portfolio using the asset $8,000 US dollars for 6 years. One of ideas is to check 5 yrs return, and invest them on US index fund.
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