BXSL - Invest $100000 In A 7.2%-Yielding Dividend Snowball Portfolio

2024-05-17 07:15:00 ET

Summary

• Charlie Munger once said that saving $100,000 is a crucial first step towards financial independence.
• We discuss why this is and share a method for how to invest $100,000 once you reach that milestone.
• We share five funds and six stocks that can provide long-term, low-maintenance lucrative passive income and growth.

Charlie Munger once extolled the virtues of saving an initial $100,000 as a key first step towards achieving long-term financial independence. The reasons for this are numerous and include the fact that achieving a $100,000 nest egg requires significant discipline and focus. As is usually the case with any achievement, who you become in the process of achieving that objective is often far more valuable and important for your long-term success than the actual achievement itself....

For further details see: