Double your wealth every 7-9 years. Earn over 10% with 10 low-cost mutual funds. Pay NO taxes and NO commissions/loads. No matter how much we earn, it is better to pay NO taxes and NO commissions or fees so our investments can compound at over 10% per year. Compounding high investment earnings is "the most powerful force in the universe." Compounding is money earning money on its earnings over time. Simple but powerful. When we invest $250 a month, $3,000 a year, in successful businesses, we earn more than a bank CD. After 10 years, we have more than the $30,000 we paid because the businesses...

Michele had trouble saving. She seemed to always be waiting for her next paycheck. She never had enough to save for a rainy day like her Mom did. She used to make about $35,000 as a shop manager but with federal, social security, Medicare and state taxes, unemployment, disability, and health insurance, she was not able to put anything away for retirement. Years ago, her local tax preparer suggested she use her tax refund to create a retirement fund. Usually Michele would use her refund to pay bills or buy something special. The tax preparer said that if she agreed to start an IRA with $2,000...