Being able to save consistently is an important skill to have. But your money won't grow by much in a traditional bank account …
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Being able to save consistently is an important skill to have. But your money won't grow by much in a traditional bank account …
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46 comments
Being able to save consistently is an important skill to have. But your money won't grow by much in a traditional bank account alone.
To really grow your net worth, you need to take advantage of compound growth by investing it!
One of our favorite ways to invest is to purchase Index funds and ETFs that track the S&P500 because it's easy and tends to grow at 8-10% a year.
While 10% on $100 may not seem like a big deal, it really adds up overtime. Once you hit $1,000,000, 10% growth means you're getting $100,000 a year for simply holding on to your stocks!
โ Start investing today and get at least $60 of FREE stocks if you open a new brokerage account and invest at least $500 through my special link in bio!
remember kids: check local laws on how old you need to be to invest.
the message is perfect though as I am currently competing with a savings and a stock market.
and the savings needs so much money
Sir can I have your number please
Hi sir, am Russian from Kenya, I opher children who needs help, please, l beg ๐ some support from you
A million dollars in ten years will be worth five bucks ๐๐ keep gold or something else that doesn't lose value
$2 of interest on a savings account? More like 2 cents.
Billy had a 10 Bad Year Streak?
Ok
oh my
Thanks! Showed this video to my grandkids. ๐
So entertaining and your acting skill excellent, hood advise๐
investing technically buying shares so heโs spending it
This is based of a parable in the bible btw
๐ฏ
The full moon ritual from Forbidden Knowledge of Wealth by Vincent Dain sounded crazyโuntil it worked. My mind is blown.
ONLY $280,000?
Investing is one of those thing that few knows much about, we aren't exactly constantly taught to invest our money but instead we are taught to consume and buy stuff.
I can for one say that I have always wanted to invest but finding the knowledge about it or finding good people to help with that has been scarce to say the least.
Plus you have so many people now days who claim that their way of investing is the best etc, so you sort of have to rense out the weeds first.
Typically if you invest and active with your account you can grow to a six figure account within 5 years, and have 7 figures within 10 years.
While this is a nice video, if you are saving money in a regular bank account, you are actually losing money due to inflation. You are your greatest investment, continue investing in financial literacy.
You have to spend to invest lol
But you canโt invest only $100 in stocks or bonds. They laugh you out of the building. They want you to walk in with at least 20k even then? Itโs only $500 a year you get back on the investment.
Time consistency and discipline for the win
Middle class mindset ๐ I feel bad for everyone who followed this
lol the way heโs name is timmy
5 to 10 percent of paycheck to major indexes such as Dow Jones or S&P 500. Focus on Roth IRAs and 401ks.
my dad makes a million a year and i own 6 houses and 5 cars am i chilling or nah?
Bro isn't investing spending?
Isnโt this Erikaโs content?
Me:bubblegum sells
Me:buys bubble gum pack of 20 sells each for 1 pound then invests when hit 1k
How did lil bro invest in the stock market.
Reminder: the shirt never change
U can just buy gold and then save it and over the years it will skyrocket in price then u can sell it . Thank me later
Why do I keep seeing remakes of this it's getting annoying.
Celimush
Your face made me immediately regurgitate my dinner, please for the love of god and all that is holy, never show up on my feed again. ๐คฎ๐
Ngl tho how does 100 fall below value in 10 years thats crazy
Itโs a trap
Any electronic storage of money is now a risk.
1. Govts can simply take it off you
2. Fraud
3. Regulatory changes
4. cyber hacks
Real wealth is in the areas of life support, land & property water, food, energy the problem is, govts and corporates have now colluded in such a way, none of it will soon be available to you. All you are left with , is an electronic system that can simply be confiscated at any time.
"I'm gonna invest my money"
10 years later
Still a kid btw
"The stock market went down and lost money"
Dad "don't be sad you had a rough YEAR"
Other kid
"I'm gonna put tit in the bank"
10 years later
"I only gained 2 dollars extra as interest" ๐๐๐๐๐๐๐๐๐๐
Now saving 10% of a paycheck is the hard part… but lets see!
6 yo invests๐ญ๐ญ๐ญ
I'm sorry, but why does the kid in the beginning that looks 6 years old, know what investing is? When I was 6, I was trying to figure out why the moon follows my moms car!
the power of index funds and compound interest.
I hate your vids your talking yourself
Dude you know savings will compound intrest saying it grows with the amount it compounds per year also some investments are bad and the kids are like 5 how does one know about investing no offense.
Uuuuuuรป