What Makes The Rich Rich?

Back in September, I wrote a post titled “3 Traits Of the Wealthy”.

One of these traits is living below your means. Here’s a great article, featuring Suze Orman, that exemplifies what this means and expands upon it.

Suze Orman: The richest people do one thing that makes them richer

My book, The Stock Market is For Everyone, is a short guide for the beginning, inexperienced investor that is easy to understand and can be put into action immediately.

Click the image of the book at left to be taken to its Amazon page.  (Disclosure: As a participant in the Amazon Services LLC Associates Program, I earn a small commission on each sale generated through these links.)

 

 

Open a Roth IRA

We invest in order to grow our wealth for the long term.

We should put a good amount, if not all, of the money we invest into a retirement account. I recommend the Roth IRA, because distributions and withdrawals made from it in retirement are not taxed.

Read more about the Roth here.

My book, The Stock Market is For Everyone, is a short guide for the beginning, inexperienced investor that is easy to understand and can be put into action immediately.

Click the image of the book at left to be taken to its Amazon page.  (Disclosure: As a participant in the Amazon Services LLC Associates Program, I earn a small commission on each sale generated through these links.)