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Let me show you something crazy...
The importance of investing ASAP
(thread)
The importance of investing ASAP
(thread)
The Money Guy posted research that showed the wealth multiplier
This number is what investors can multiply their investments to be worth by age 65
Once you see the multiplier, your thoughts on money change EVEN MORE
This number is what investors can multiply their investments to be worth by age 65
Once you see the multiplier, your thoughts on money change EVEN MORE
At age 20
For every $1 invested
It could be worth 88.35x by age 65
Let me show show it this way
At age 20, if
invests $10,000
By age 65, it could be worth $883,500
For every $1 invested
It could be worth 88.35x by age 65
Let me show show it this way
At age 20, if
invests $10,000 By age 65, it could be worth $883,500
What about age 25?
53.70x
Age 30?
23.06x
Age 40?
7.34x
Age 50?
2.85x
What does this teach us?
53.70x
Age 30?
23.06x
Age 40?
7.34x
Age 50?
2.85x
What does this teach us?
The earlier you start to invest
The MORE your money can multiply and build wealth
If you are 25
But wait until your 30 to invest
Then you lost out on 30.64x worth of a multiplier on your money
INVEST EARLY, INVEST OFTEN
The MORE your money can multiply and build wealth
If you are 25
But wait until your 30 to invest
Then you lost out on 30.64x worth of a multiplier on your money
INVEST EARLY, INVEST OFTEN
Thank you so much for reading this thread!
I appreciate everyone who is here
I hope this thread taught you valuable information on the IMPORTANCE of starting early
Thanks again!
@DecadeInvestor
I appreciate everyone who is here
I hope this thread taught you valuable information on the IMPORTANCE of starting early
Thanks again!
@DecadeInvestor
