How to build a multi million dollar money machine.
Young people, 25 years old and younger, have the amazing gift of time on their side. This time is the gift that allows them to create millions for free. Hear me out.
Here is the investment plan that I teach my students:
Here are the results of executing this plan for an extended period of time:
The millions only come after decades of consistent investing and the last two decades is when your account value explodes. When looking at the end value after 40 years, your account value would be $2.67 million with $240,000 invested creating $2.4 million for free (i.e. from compound interest). This only works because of time and consistently investing in the largest 500 companies.
If you delay investing, you lose out on time which can cost millions that is almost impossible to recover. Look at the difference between 20 years and 40 years of executing this investment plan.
If $500 a month is out of reach then start with as much as possible and work to increase. Starting with something is much better than doing nothing. For young people, $500 a month would ideally start when they get their first salary job.
For most people investing is overwhelming and therefore hard/impossible to get started. The truth is, building this type of wealth through consistent investing is easy. You just need someone to break it down in plain English and small digestible steps to execute. Lucky for you, this is what I do each and every day for young people and have put what I teach them online to help you make this your reality. All for an insanely affordable price.
Buy the class and start making this your reality today.
Investing made easy: How to build wealth
Get the step by step process and understanding of how to implement the plan above so you can have a million dollar money machine. Lifetime access & go at your own pace.
Cost: $25/mo for 3 months or $59 paid in full.
Seriously! For this low price you can finally learn to invest & turn a few hundred dollars a month into millions. Dang this is a steal.
If your child is under 18 years old, they cannot open an investment account without your help. I recommend young people invest in a Roth IRA because it allows them to build wealth tax free. However, they are supposed to have earned income in order to put money into a Roth. Please read this past blog post for everything you need to know about a Custodial Roth IRA for your child and getting started.
This Christmas consider buying your child stock.
I know most kids may not be excited about this proposal but it would be a gift that far outlasts anything else you could give them. Every year my husband and I buy our daughter (now 5) a few small presents then invest a few hundred dollars for her. We also do this for her birthday. We tell her we are doing this and I have her make the purchase on my phone. We also give her an allowance each month and she has to invest $10 of that in the S&P 500. We talk through what she is doing and why. At this age she does not fully understand it but I know we are building a foundation that will change her life. If you are rocky on helping your kids get started then take my investing class and give them a gift that will be life changing
Give the gift of financial empowerment.
Investing is just the beginning. Why stop there? If you want to give your child the gift of financial empowerment then buy my class Financially Empowered which covers investing plus the other 3 powerful and easy money moves to ignite your dreams.
Instead of $25/mo for 3 months, you would pay $25/mo for 12 months to get the entire package. At checkout you have the option of giving this as a gift and sending it to the person of your choice.
Disclaimer: I am an educator, not your personal financial advisor. Please make sure to do your own research before moving forward with any actions discussed in this blog post.
Know that all investments involve some form of risk and there is no guarantee that you will be successful in making, saving, or investing money; nor is there any guarantee that you won’t experience any loss when investing. Always remember to make smart decisions and do your own research!
