Quick Guide to Financial Wellbeing

3 simple steps that work for most people to get onto a path of success.

Finance is about making your salary go further.

Step 1: Pay off high-interest-rate debt

Credit cards and most other debt, other than a low-cost home mortgage, come with onerous interest rates that force you to pay more for things.  A $500 item may cost much more than $500 if the purchase is paid in installments or through credit.

Get to a point where you can pay for things up front and pay off credit cards in full each month before interest is accrued.  It may require some frugal living for a bit, but once you stop paying more for things because of the interest burden, you can upgrade your lifestyle in the long run.

Once all high-interest-rate debt is paid off and you have a rainy-day fund (enough to cover a few months’ expenses), it is time to get your money working for you.

Step 2: Open a Roth IRA (and get it invested)

Roth IRAs allow your money to grow tax free.  It is a highly advantageous account type and is available to everyone (with certain income limitations).

Once capital is in the Roth IRA, it grows tax free.

• No taxes on capital gains
• No taxes on earned interest
• No taxes on dividends

Keep your money and the money that grows from your money.

Step 3:  Make recurring contributions to your Roth IRA

The current annual contribution limit is $7,000, or $8,000 for those 50 and older.  Set up recurring monthly or annual contributions to ensure that you get as close to the contribution limit as you can.

With regular contributions and compounding the growth of the capital that is already there, the value can grow substantially over time.  Here is our compounding calculator tool to visualize the trajectory.

All of this can be done on your own.  We can also do it on your behalf.  Learn how to work with us here.

• We help you open and fund your account at TradePMR (the Institutional arm of Robinhood). Your account remains in your possession at all times and in the custody of TradePMR.
• We invest your account in high-return stocks and income securities. We actively manage your portfolio to mitigate risk and optimize return, guided by your investment objectives and goals.

If you open an investment account with us and fund your account by March 31, 2026, you will receive an automatic asset match* deposited into your TradePMR account equal to 0.5% of the contributed capital.

If interested, contact Dane Bowler or Simon Bowler, and we can get you on the path to financial success.

2nd Market Capital Advisory Corporation (2MCAC) is a Wisconsin-registered investment advisor specializing in the analysis and trading of real estate securities. Through a selective process and consideration of market dynamics, we aim to construct portfolios for rising streams of dividend income and capital appreciation. Dane Bowler and Simon Bowler are investment advisor representatives of 2MCAC.

Learn more about our qualifications and business practices here.

Roth IRA information

TradePMR Asset Match Program Terms and Conditions

Notes and Disclosure

Articles are provided for informational purposes only. They are not recommendations to buy or sell any security and are strictly the opinion of the writer. The information contained in these articles is impersonal and not tailored to the investment needs of any particular person. It does not constitute a recommendation that any particular security or strategy is suitable for a specific person.

Investing in publicly held securities is speculative and involves risk, including the possible loss of principal. The reader must determine whether any investment is suitable and accepts responsibility for their investment decisions.

Commentary may contain forward-looking statements that are by definition uncertain. Actual results may differ materially from our forecasts or estimations, and 2MCAC and its affiliates cannot be held liable for the use of and reliance upon the opinions, estimates, forecasts, and findings in this article.

Past performance does not guarantee future results. Investing in publicly held securities is speculative and involves risk, including the possible loss of principal. Historical returns should not be used as the primary basis for investment decisions. Although the statements of fact and data in this report have been obtained from sources believed to be reliable, 2MCAC does not guarantee their accuracy and assumes no liability or responsibility for any omissions/errors.

We routinely own and trade the same securities purchased or sold for advisory clients of 2MCAC. This circumstance is communicated to clients on an ongoing basis. As fiduciaries, we prioritize our clients’ interests above those of our corporate and personal accounts to avoid conflict and adverse selection in trading these commonly held interests.

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