Introduction
It is my personal finance research. I like to write a blog on this short research. 20 years $100,000 IRA Investment goal.
How to reach the goal?
I worked full time from Dec. 1998 to Oct. 2001, I invested on my 401 K around $15,000 US dollars. Based on my the research in 2019, the index from 2010 to 2019 over 300% increase, and then from 2001 to 2009 up and down, say that it is 100% increase.
How to grow those $15,000 dollars to $100,000 from 1999 to 2019?
I was in my 35 years old, and I was working on so many things. I had a good friend who I met once two weeks. I did ask about my 401 K, I was too shy.
I even thought about paying Corba insurance just after I got laidoff. One month will cost me around $200 dollars.
In fact, my investment of those $15,000, and additional $3000 deposit in 2004, I only have a balance $20,300 call key largo. I put into equity fund, 10 years high bull market this May 2019.
Actionable items
What I can do is to review my experience, case by case study, and then I like to push myself to build wealth and grow rich.
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