1 million dollars in 10 years, zero excuses

wickedsm

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im gonna check it out.
Pretty sure it wont work for me since i dont work for pay at all
but maybe :patrice:
 

Cynic

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You can hit that income in 6 months or even 3.

From scratch. I'm sorry 1 mill in 10 years is not impressive.

Especially net worth.


Great read though and I will definitely be reading more of their stuff.
 

Houston911

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This is why threads like this die, and threads about winning the lottery or other fantastical nonsense goes 40 pages.

Let me explain something to you, when you 60 years old, can you use and extra $200,000?

Let me show you how to get that $200,000 and still blow money on useless nonsense like iPhones and $100 a week fast food habit.

9Kkv483.png



Compound Interest Calculator | Investor.gov

Throw your money in a nice index fund through any Mutual Fund. Most popular Mutual Funds are Fidelity, T.Rowe Price, and Vanguard, and you can see returns from the S & P 500 Index Fund as high as 9%.

Play around with the calculator, and you can even see how much money you can get in the short term of 5 or 10 years. Here's the goal, double your money every "x" amount of years. Using the rule of 72, if you see 8% returns, your money will double every 72/8 = 9 years.

Making money is not hard, I just don't understand why folks don't know how to get this money.

At the minimum...invest so you can help your kids when they to go to college and need a down payment on a house.

Play around with the calculator, and see how you can get $500,000 by time you are 60 years old.

Those arent high enough returns to get you big bread quickly unless you have a huge amount to put down at first or you can afford to make significant contributions monthly.

Current principal - 50k
Monthly addition - 2k
Years to grow -10
Interest rate -7
Compound once a year

Future value - 429k

You invested 290k over 10 years to profit 140k

You not getting rich quick like that breh

Youll make way more putting that money in a business
 

Cynic

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This is why threads like this die, and threads about winning the lottery or other fantastical nonsense goes 40 pages.

Let me explain something to you, when you 60 years old, can you use and extra $200,000?

Let me show you how to get that $200,000 and still blow money on useless nonsense like iPhones and $100 a week fast food habit.

9Kkv483.png



Compound Interest Calculator | Investor.gov

Throw your money in a nice index fund through any Mutual Fund. Most popular Mutual Funds are Fidelity, T.Rowe Price, and Vanguard, and you can see returns from the S & P 500 Index Fund as high as 9%.

Play around with the calculator, and you can even see how much money you can get in the short term of 5 or 10 years. Here's the goal, double your money every "x" amount of years. Using the rule of 72, if you see 8% returns, your money will double every 72/8 = 9 years.

Making money is not hard, I just don't understand why folks don't know how to get this money.

At the minimum...invest so you can help your kids when they to go to college and need a down payment on a house.

Play around with the calculator, and see how you can get $500,000 by time you are 60 years old.

She's a happily married woman, they tend to value relationships and prefer a more balanced life.


Just ask would she rather have 600k or a good relationship with her kids/grandkids and friends at 60 ?


Appreciation>>> Compound Interest
Profits >>>>>> Compound Interest
Equity >>>>>> Compound Interest

You financial fukkboys think you are so damn smart till you get served ethers by real businessmen with companies

Stick to (mis) managing money and collecting fees instead of attacking people with different values.


People like you are why these threads die.
 
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wickedsm

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This is why threads like this die, and threads about winning the lottery or other fantastical nonsense goes 40 pages.

Making money is not hard, I just don't understand why folks don't know how to get this money.

.
Im not sure why you think posts like mine are why threads like this die. I posted in this thread twice already.
I specifically said I was gonna check the information out. I dapped up OP.

maybe you should target your post to one of the other several hundred people online on the Coli right now who havent actually seen or commented in this thread.

the link in the OP and the info you put in your post are both very worthwhile.
:ehh:
 
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