Everyone has a wish list that they desire at some point in time in their life, but has anyone ever wondered what an investor would want? Below is a wish list that any investor would appreciate.
⦁ Max out 401(k) and IRA Roth accounts each and every year. This one should be pretty obvious, but investors enjoy investing their money and it can be even more fun when they get to actively manage their own account, such as using TDAmeritrade's IRA account options.
⦁ Purchase a 100+ unit apartment building. Investors like to put their money inside things that will grow, create value, and bring money back in return. Purchasing your own apartment building is a great way to diversify away risk when you are dealing with multi-million dollar portfolios.
⦁ Own a portfolio that earns you 10% every year. Since your favorite investor was able to max out his or her retirement accounts every year for the last 40 years their retirement goose egg is worth more than $10,000,000. A regular return of 10% will continue to feed them a million dollars each year for the rest of their life!
⦁ Purchase your citizenship in the Caribbean. Now that life is good and there are no worries, it is time to relax, kick back, and live your life among the Caribbean. By this time, all of your hard work is paying off and you are allowed to splurge among the locals.
⦁ Retire and live your life away on a yacht. Another simple pleasure that is easy to buy with your regular income. When living in the Caribbean, it is easy to get about on boat. It also allows you the mobility to do what you want, when you want.