This is, hands down, the best article on compound interest I have ever read. If there is a nuclear fallout, I hope this, Cher, and cockroaches are what's left to rebuild.
This post FINALLY made me want to take the leap again and open up a brokerage account during my lunch break today. I literally have Vanguard open in another tab. The only issue is I realized (AKA Googled) that since my husband works for a major bank, I probably have to ask him to check with their compliance team to see if there are any restrictions/if we have to use a certain brokerage. Am I correct in this, or did Google just make something up?
Ah, yep, you might have a slight compliance hurdle. But don't let that stop you! You probably just need a list of approved brokerage firms. Some banks may require you to invest through their platform. Ask your husband to check. It's a small hurdle to overcome; don't lose momentum!
OMG, Ally. I have been trying to convince a family member in her 50s to invest, and it's been a lost cause since the 2024 election (which, yes, I get, but....)
This is amazing and so well-explained. Just forwarded to her and may send to a few other people as well. Thank you for writing this - incredibly timely.
This is, hands down, the best article on compound interest I have ever read. If there is a nuclear fallout, I hope this, Cher, and cockroaches are what's left to rebuild.
Also, where's the Roth IRA merch store?!
Wow thanks Billy!
This post FINALLY made me want to take the leap again and open up a brokerage account during my lunch break today. I literally have Vanguard open in another tab. The only issue is I realized (AKA Googled) that since my husband works for a major bank, I probably have to ask him to check with their compliance team to see if there are any restrictions/if we have to use a certain brokerage. Am I correct in this, or did Google just make something up?
Ah, yep, you might have a slight compliance hurdle. But don't let that stop you! You probably just need a list of approved brokerage firms. Some banks may require you to invest through their platform. Ask your husband to check. It's a small hurdle to overcome; don't lose momentum!
OMG, Ally. I have been trying to convince a family member in her 50s to invest, and it's been a lost cause since the 2024 election (which, yes, I get, but....)
This is amazing and so well-explained. Just forwarded to her and may send to a few other people as well. Thank you for writing this - incredibly timely.
Wow thank you! Just trying to spread the good word…
This!!!!!! 🪻🌱👏