| Ticker | Status | Jurisdiction | Filing Date | CP Start | CP End | CP Loss | Deadline |
|---|
| Ticker | Case Name | Status | CP Start | CP End | Deadline | Settlement Amt |
|---|
| Ticker | Name | Date | Analyst Firm | Up/Down | Target ($) | Rating Change | Rating Current |
|---|
Austin Hankwitz, a 27-year-old investor and Tiktok influencer targets a $2 million retirement portfolio, heavily favoring index funds, Business Insider reports.
Hankwitz, a financial analyst from Nashville, has a TikTok follower base of over 700,000. He is on a mission to amass $2 million for retirement in eight years.
Starting his investment journey in January, he’s already accumulated $120,174 across a brokerage and retirement account.
Hankwitz’s strategy is a mix of individual stocks and index funds. He believes index funds, like the S&P 500, offer a “set-and-forget” approach, providing exposure to top US companies.
“I think index-fund investing is the best way the everyday retail investor can begin building wealth for the future,” he stated.
Among his top picks are the Vanguard 500 Index Fund ETF (NYSE:VOO), Vanguard Information Technology Index Fund ETF (NYSE:VGT), and Vanguard Growth Index Fund ETF (NYSE:VUG).
Image via Shutterstock
Read Next: Do I Have To Pay Taxes On My Retirement Income? The Answer May Surprise You.
Engineered by Benzinga Neuro, Edited by Pooja Rajkumari
The GPT-4 Benzinga Neuro content generation system exploits the extensive Benzinga Ecosystem, including native data, APIs, and more to create comprehensive and timely stories for you. Learn more.
