Your Wealth Account Tax FREE Income(1st Edition)
Authors:
Law Steeple
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Book details
ISBN: 1493761277, 978-1493761272
Book publisher: CreateSpace Independent Publishing Platform (November 15, 2013)
Your Wealth Account Tax FREE Income 1st Edition Summary: Double your wealth every 7-9 years. Earn over 10% with 10 low-cost mutual funds. Pay NO taxes and NO commissions/loads. No matter how much we earn, it is better to pay NO taxes and NO commissions or fees so our investments can compound at over 10% per year. Compounding high investment earnings is “the most powerful force in the universe.” Compounding is money earning money on its earnings over time. Simple but powerful. When we invest $250 a month, $3,000 a year, in successful businesses, we earn more than a bank CD. After 10 years, we have more than the $30,000 we paid because the businesses paid dividends and the market bid up the value of our shares of the businesses. See chart below. After 20 years, we could have over $200,000 and after 35 years, over $1,000,000. Over time, the stocks of growing businesses are the safest investment. Compounding works best when you put your money to work in successful businesses with no income taxes or broker/advisor fees. The table below gives you some idea of how fast your money can grow if you invest it in businesses like the ones whose products you buy every day. I will show you how to set up your $1 million Wealth Account in one hour with only $9 a day.
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