Tips from 401k millionaires

401k Tips

Thursday, November 1, 2018

October stocks are historically volatile

Start investing early.
Get the company matching ASAP
Increase to your max contribution based on your income ASAP
Stay the course.
Move to something a bit safer before retirement

Time the major market trends
Watch the news and radio and keep track what’s going on
Safeguard your account and password
Seek safety in recession

Pay yourself first so you can’t spend it.
Dollar cost average in even in down markets
Patiently invest and contribute
Be aggressive in contributions
Don’t get emotional
Try not to time
Buy and hold

The average self-made millionaire has invested 29 years and some with as little as  27 years

Avatar

Author: savvywealthmedia

Leave a Reply

Your email address will not be published. Required fields are marked *