How to find your Financial Independence Number:
1. Add up your monthly expenses
2. Multiply by 12 to get yearly expenses
3. Multiply by 25
Once you reach this number invested you can retire based on the 4% rule.
$40,000 x 25= $1M
(Financial Independence Number)
Thanks to ChatGPT and other AI tools
A 1-person business can easily outperform a huge company
Here are 8 innovative AI tools that can help you 10x your success:
The best investing strategies are simple. These 6 ETFs will help you build wealth the easy way:
$VOO S&P 500
$QQQ Nasdaq 100 (Tech)
$VTI Total U.S. Market
$VXUS Foreign Markets
$SCHD Dividends
$VNQ Real Estate
Keep it simple!
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Goldman Sachs predicts 25% of jobs will be automated by AI, impacting 300 million full-time workers.
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Vanguard has a new savings account option with 4.25% APY & FDIC coverage of up to $250,000.
The account has $0 fees, $0 minimum balance requirements, $0 transaction fees, and 0 limits on how often money can be transferred.
The program will also provide customers with routing and account numbers to pay bills, set up direct deposits with employers, and use payment apps.
ETFs are a Great Way to Build a Diversified Portfolio💰
Energy
$XES
$VDE
$FENY
Utility
$IDU
$VPU
$FUTY
Financials
$XLF
$VFH
$FNCL
Materials
$XLB
$VAW
$FMAT
Industrials
$XLI
$VIS
$FIDU
Healthcare
$XHE
$VHT
$FHLC
Real Estate
$VNQ
$XLRE
$SCHH
Communications
$VOX
$XLC
$FCOM
Consumer Staples
$XLP
$VDC
$FSTA
Consumer Discretionary
$XLY
$VCR
$FDIS
Information Technology
$VGT
$FTEC
$XNTK
What are some others you would add?
I've used Microsoft Excel for 15 years working in Finance and these 10 tips will make you an expert (and increase your productivity 100X)
📊Don't ever use Excel again without knowing these 10 functions: