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Are you under 25?
By admin | September 5, 2008
A little college student/young professional spotlight.
Are you investing yet?
$100/month at 12% return for 40 years is $48,000 invested but is worth $1,176,477!
You should do this. I just made you a millionaire for just $100/month!
If you are saying, “I don’t have $100/month thats crazy.” Go get a job and work like 3-4 hours a week (or find a way to work 3-4 hours more). If you have a full time job and you still can’t manage $100/month e-mail me and we will cut some expenses because it is NECCESSARY that you spend less than you make.
It is absolutely worth it to make this sacrifice now that will pay off huge dividends later.
You are blessed with a young age and you cannot get time back. The power of compound interest is amazing but to use its full power giving it as much time to build is necessary.
So many older people come up to me and say, “Why didn’t anybody tell me this when I was under 25?”
Now if you are over 25 the point isn’t “Well, I’m over the age I’m not going to do it.” No, the point is you better start now. Today is better than tomorrow. And this year is better than next year.
Topics: Investments |
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