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There are literally thousands upon thousands of stocks, mutual funds and other investment vehicles in which to invest your money. And by the time you finish your research, chances are the market will have passed you by or changed altogether and you're back to square one.
What we are proposing is a very simple, yet highly effective investment strategy that everyone can do. This strategy will have you investing your Power Money into two different investment vehicles.
--> 75% into The S&P 500 Index Fund --> 25% into Money Market Accounts
Remember your Power Money is the amount that your budget is positive. That is to say, the amount by which your income exceeds your expenses. As you will recall from prior tips, you need to decide how much of this money will go for debt elimination and how much for investing purposes. You can divide this up any way you feel comfortable.
Next we'll take a look at the two investment vehicles we have chosen.
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