/the $150 INvesting challenge/
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The $150 Investing Challenge is a simple one.
$150 invested each month
4 index funds
($37.50 A Month Invested in Each Index Fund)
There is no end date for this challenge
Saving for the future doesn’t have to be difficult and it shouldn’t take a lot of money. With $150.00, you can actually do some serious damage to the future of our finances.
Here is how saving for the future using $150.00 a month can actually add up!
As you can see, after 45 years, you could potentially have $1.59 million assuming you can achieve a 10% return. All it takes is $150. For some of you who are reading, you might not have 45 years, but after 20 years, you would have a balance of $114,854.54 on only $36,000 of investment. That’s pretty cool.
Some additional information on this challenge:
All dividends and capital gains distributions are reinvested into the securities. Those numbers are often not included in the amount invested when reviewing the investing challenge reports.
The four index funds that this challenge funds is a small cap index, mid cap index, large cap index, and an international index fund.
At Financial Grit, we do not recommend investment options nor do we offer investing advice. You should contact a qualified professional when making investing decisions.
Each month, I will prepare a investing challenge report and it will be posted right here so you can watch the process. It is not always good news, but it will show you where our investment balance is at that particular time.
Investment Disclaimer: A prudent investor should seek professional advice regarding any investment choices one decides to take. Before investing in any type of investments, you should be knowledgeable in the investment and understand the risks involved with making such financial decision. You can lose all of your investment when investing in investment securities.