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237 Million: How To Make A Quarter Billion Before You Turn 70

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Manage episode 294328252 series 2516284
Inhoud geleverd door Capitalism.com. Alle podcastinhoud, inclusief afleveringen, afbeeldingen en podcastbeschrijvingen, wordt rechtstreeks geüpload en geleverd door Capitalism.com of hun podcastplatformpartner. Als u denkt dat iemand uw auteursrechtelijk beschermde werk zonder uw toestemming gebruikt, kunt u het hier beschreven proces https://nl.player.fm/legal volgen.

You want to build wealth?

“Save your pennies.”

“Work hard.”“Live way below your means.”

“No matter what, protect your money.”

That’s the advice so many of us have heard about how to become wealthy. It might work… but it’ll take a long, long time that way because it means playing not to lose rather than playing to win.

What if we turned that around and played to win, instead?

This question prompted a thought experiment for Ryan that came back with surprising results. What if you took $1 million and invested it well enough to get a 20% annual return for 30 years? You’d cross the quarter-billion mark.

But what if you don’t have a million dollars to invest yet? And how could you get a 20% return per year? This episode answers those questions. But it’ll do something even more valuable for you. As you listen, you’ll find your brain moving beyond the shock of large numbers to reach a point of logical certainty that this is doable. What’s more, instead of advice that sends you into a frantic, hustling mode, you’ll discover how to reach this financial goal - or any you set - in a peaceful, freedom-filled frame of mind… and you’d be shocked by how quickly it can all happen.

  continue reading

812 afleveringen

Artwork
iconDelen
 
Manage episode 294328252 series 2516284
Inhoud geleverd door Capitalism.com. Alle podcastinhoud, inclusief afleveringen, afbeeldingen en podcastbeschrijvingen, wordt rechtstreeks geüpload en geleverd door Capitalism.com of hun podcastplatformpartner. Als u denkt dat iemand uw auteursrechtelijk beschermde werk zonder uw toestemming gebruikt, kunt u het hier beschreven proces https://nl.player.fm/legal volgen.

You want to build wealth?

“Save your pennies.”

“Work hard.”“Live way below your means.”

“No matter what, protect your money.”

That’s the advice so many of us have heard about how to become wealthy. It might work… but it’ll take a long, long time that way because it means playing not to lose rather than playing to win.

What if we turned that around and played to win, instead?

This question prompted a thought experiment for Ryan that came back with surprising results. What if you took $1 million and invested it well enough to get a 20% annual return for 30 years? You’d cross the quarter-billion mark.

But what if you don’t have a million dollars to invest yet? And how could you get a 20% return per year? This episode answers those questions. But it’ll do something even more valuable for you. As you listen, you’ll find your brain moving beyond the shock of large numbers to reach a point of logical certainty that this is doable. What’s more, instead of advice that sends you into a frantic, hustling mode, you’ll discover how to reach this financial goal - or any you set - in a peaceful, freedom-filled frame of mind… and you’d be shocked by how quickly it can all happen.

  continue reading

812 afleveringen

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