HOW TO BECOME A MILLIONAIRE WITH $5 A DAY

HOW TO BECOME A MILLIONAIRE WITH $5 A DAY

Today I will be showing you how to become a millionaire by saving 5 dollars each day. That is right. All you need to become a millionaire is an extra 5 dollars. That is what many of us spend on coffee each day. $5 MILLIONAIRE GUIDE: http://ift.tt/2swrobZ Today I will be teaching you how to become a millionaire. The truth is, you only need an extra $5 each day to set aside to become a millionaire. No, you cannot save your way to millionaire status by stashing it in the bank. In fact, if you saved $5 a day from the time you were born to the age of 100 you would have accumulated $182,500! Saving $5 a day is equal to saving $1,825 a year. It is what you do with that money that determines whether or not you will become a millionaire. What you need to do is invest. You want to take advantage of compound interest and time. Compound interest allows you to make interest on your interest. The longer you allow your money to earn interest, the better the results. Here is the strategy. Become a millionaire with $5 a day. 1. Set aside $5 each day. At the end of the month, you will have $150 to invest. 2. Each month, invest in a diversified investment portfolio. One of the most lucrative investing portfolios over time has been 50% in blue chip stocks and 50% in investment grade bonds. Over the last 100 years on average, blue chip stocks have paid 10% interest and investment grade bonds have paid 6%. This gives you an average return of 8%. 3. Keep doing this for 50 years. 4. After 50 years, your portfolio will be worth $1,032,786.28 Congratulations. You just became a millionaire for the price of a coffee at Starbucks. CALL MY CHANNEL HOTLINE AND LEAVE A QUESTION! 754-666-3972 (754-MONEYQA) #1 BOOK I RECOMMEND (Wealth): http://amzn.to/2sncXrg #2 BOOK I RECOMMEND (Mindset): http://amzn.to/2smXaIW #3 BOOK I RECOMMEND (Happiness): http://amzn.to/2smO0Mv #4 BOOK I RECOMMEND (Investing): http://amzn.to/2rsXWny Website! http://ift.tt/2hWvg0t Follow me on Twitter! https://twitter.com/RyanOScribner Facebook! http://ift.tt/2k1uEsg Snapchat! ryanoscribner My Equipment... CAMERA: http://amzn.to/2smXFCO TRIPOD: http://amzn.to/2qOSKZ5 SD CARD: http://amzn.to/2rttI3K LIGHTING: http://amzn.to/2qON0Pl ACOUSTIC PANELS: http://amzn.to/2s2ywjr My Board... WHITEBOARD: http://amzn.to/2qOVRR1 MARKERS: http://amzn.to/2qPetjA ERASER: http://amzn.to/2rkduLU CLEANER: http://amzn.to/2qOXPAT STOOL: http://amzn.to/2rA2omJ Related Videos: COMPOUND INTEREST! https://www.youtube.com/watch?v=1cNuNM2qvpw If this video brought value to you, please leave a like! If you are looking to find out more about anything I discussed, drop me a comment or contact me on Twitter. Subscribe to be updated on my journey through life! If anyone is looking to open a stock trading account, I highly recommend Robinhood as they offer free stock trading. I recommend them because this is the stock broker I use. Unlike traditional brokers, they do not charge commission on trades or require a minimum account balance. If you are interested in signing up, here is the link: http://ift.tt/2t1Ww3Y This is an affiliate referral link. You do not have to use it. I make a small commission for referrals. DISCLAIMER: I am not a financial adviser. These videos are for educational purposes only. Investing of any kind involves risk. While it is possible to minimize risk, your investments are solely your responsibility. It is imperative that you conduct your own research. I am merely sharing my opinion with no guarantee of gains or losses on investments.
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