09 May Who wants to be a Millionaire?
I’m sure I got your attention with that heading. But what if I told you that it is very achievable for everyone to become a millionaire. Well, you’re probably thinking that you’ll need to hit it big in the stock market or real estate or maybe build a successful business. Absolutely not! The results may surprise you because it could take only 12 years for you to become a millionaire starting today. Let me show you how.
If you can save $15/day, perhaps drink one less Starbucks coffee a day and pack your lunch each day, this will amount to you saving $450/month. So far so good? Let’s say you have $10,000 in your bank account for investment purposes and you decide to invest it in the stock market. We’ll assume that you can generate a very realistic 35% return/year which some of you know is very achievable based on following my trade ideas. If you can maintain this type of consistency for ONLY 12 years, your investment account will grow to a little more than $1 Million and make you a MILLIONAIRE.
Well… some of you may say that 35%/year is not realistic. That’s okay. Let’s say that you had $25,000 in your investment account instead and you generate a reasonable 22% return/year then you will become a millionaire in 15 years. Whatever numbers you come up with, the point I am trying to get across is I want to tell you that becoming a millionaire is not a distant dream. You can achieve financial freedom by taking small little steps one day at a time.