How to Invest $100 A Month [The Motley Fool]
Vanguard Total Corporate Bond ETF (VTC)
US:NASDAQ Investor Relations:
advisors.vanguard.com/vgapp/iip/site/advisor/investments/productoverview?fundid=0985
Company Research
Source: The Motley Fool
How much can $100 per month really grow to be? For the first twenty years, the effects of compounding aren't all that impressive. But after that, the growth from your original investments is what becomes the true driver of wealth. By the time 50 years have past, you've contributed $60,000 inflation-adjusted dollars to your nest egg, but the effects of compounding have added another $462,000 to boot! Am I ready to invest $100 per month? No matter your age, however, there are a few boxes that need to be checked off before you're officially ready to start investing $100 per month. Specifically, you need to build up an emergency fund to provide for your basic expenses for at least three months with no income, and you need to pay off all high interest -- namely credit card -- debt. Failure to do either will only dig a deeper hole to climb out of. Consider credit cards. Currently, the average interest rate on an unpaid credit card balance is above 16%. That means that the $1
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Sec Filings
- 4/1/24 - Form NPORT-P
- 4/1/24 - Form NPORT-P
- 4/1/24 - Form NPORT-P
- VTC's page on the SEC website