Ways to Start Earning Money!

Most Black people work a full time Job or part time to put food on the table, to pay the monthly bills. Your Job may be something you love or tolerate. But you must take the earn income and make it work for you by investing in your company sponsor retirement plan or an IRA or a Roth IRA to get the snow ball rolling. If you don’t have a company sponsor retirement plan at your place of work,  you must open a checking account at a bank, credit union or an online bank. Most online banks have free checking and no hidden fees. However investing is not a guarantee. But to create passive income you must invest your earn income. Stop buying things that do not hold value.  Here’s a List of the best online banks to get you started. ONLINE BANKS.  Below is a low fee Vanguard portfolio 3 total market ETFs funds when used in combination cover nearly all aspects of the U.S and international stock and bond market. This level of diversification can help reduce your overall investment risk while making it easier to manage.  

Here are some very Simple Portfolios- ETFs

                                                                What is an ETF Fund.

An exchange-traded fund is an investment fund traded on stock exchanges, much like stocks. An ETF holds assets such as stocks, commodities, or bonds and generally operates with an arbitrage mechanism designed to keep it trading close to its net asset value, although deviations can occasionally occur. These funds are also available in Index funds from Vanguard if ETFs are not an options. 

  • 50/50 Total US Index.
  • VTI-Vanguard Total Stock Market ETF 50%
  • BND-Vanguard Total Bond Market ETF 50%
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  • 60/40 Total US Index with/ Money Market
  • VTI-Vanguard Total Stock Market ETF 60%
  • VMMXX- Vanguard Prime Money Market Fund 40%
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  • 3 Fund "Lazy Portfolio"
  • VTI-Vanguard Total Stock Market ETF 50%
  • VXUS- Vanguard Total International Stock Market ETF 25%
  • BND- Vanguard Total Bond Market ETF 25%