Journal Club 07-07-23

Here's Journal Club 07-07-23! Every week, I hold a JOURNAL CLUB. After filtering through the articles on the web, I present a few that impacted my life this week. Be safe and stay well!

• Most of us are familiar with employer-offered 401(k) retirement accounts. But what if you're self-employed? Can you still have a 401(k) account in that case? For those interested in learning more, The White Coat Investor explores a different type of retirement plan in the article – Solo (Individual) 401(k)s – What You Need to Know. Check it out!

• They say that your first Million is the hardest to achieve but to get there, you first need to accumulate $100,000. Per the Financial Samurai, this sum may not be able to buy as much stuff as it did back in the day, but when invested wisely, it can still help you accomplish a whole lot. In case you're looking for some inspiration to invest your hard-earned dollars, the author shares helpful ideas in the post – How I'd Invest $100,000 Today For Reasonable Returns And Some Joy.

• When it comes to diversifying your portfolio and building long-term wealth, investing in real estate has become a popular choice for many high-income earners, and for good reason. Are you curious to learn how you could grow your net worth by investing in this asset class? The Debt-Free Doctor shares valuable insight in the article – How To Make Money With Commercial Real Estate Investing.

• Today more than ever, we hear about so many successful individuals exploring the world of entrepreneurship. After all, starting and working on your own business can be an incredibly rewarding feeling, right? But as already busy professionals, how do you manage it all? The Financial Success MD has the answer to that question and more in the post – Balancing Family and Entrepreneurship: How to Start a Business While Raising a Family.

Read any interesting articles? We'd love it if you could please take a moment to share them in the comments below!

Thank you for reading and sharing,

Peter