Will investing $100 every month till you’re 65 make you a millionaire? Debatable. @GeorgeKamel

Depends what she’s invested in will determine if her $100 a month will reach her goal. S&P is way too conservative. She won’t get there with that. Something a bit more risky but still safe like QQQ would though. Or she could consider investing into Crypto which is significantly more risky but with significant more returns than the S&P. Most crypto coins have average annual returns that are over 3x what the S&P does on an annual basis.

US dollar is due to collapse in 20 years, like british currency before, dutch before that, and portugal before that and all you millions in retirement account will worth nothing.

I mean, probably not, but you are thinking about money the wrong way. That $100 a month today is money that will be working for you 10 years down the line. Secured in an asset to keep up with inflation. Like if you bought a can of Coke in the 1990s for 50 cents, it is now worth over 2 bucks. So maybe not a million, but you might have a 6 figure pile of interest and dividend generating cash after a bit that you forgot about for a decade or so.

I just turn 28$ . Just had a daughter and have $700 invested already in a month. I think I can discipline for this. Thank you for making my night

A mil by 65 😂 damn I’m 22 and will be a millionaire in 3 years

I like FXAIX index fund from fidelity

Buttom of video cuts off the last 2 months and ending balance

I just turned 44 and awfully late to investing with barely any portfolio except my 401k, I have a decent amount of cash saved up and with inflation currently soaring AGAIN, I'm getting worried about retirement, my intention is to retire at 55. How best do I maximize my savings of over $220k

I'm up 15% so far the year and this is one of my worst years. 8-10% is easy.

I am so f^^^ed.

The $200/mo should be $250/mo

An IUL is better than all of them.

Hello everyone! How good is to start when someone is 18?

❤

1M after 37 years, would be 200k now

8-10% is garbage my average annual return over last 8 years is 31% not realistic long term but you can certainly get 15% a year it’s not that hard be aggressive when you are young

Just turned 30 this year and now I have even more anxiety

Why would i want to be a millionaire at 65 ?

Mutual funds or Index funds which is a better buy right now? just got my lump sum inheritance and would love to put my money to work, so i can earn in dividends, i'm also looking at paying mortgage where rates are not so high.

Yeh bakchodi US mein bhi chal rahi hai bc 🤦‍♂️

Or you can follow @stoicadx and make 100% every couple months day trading. Up to you.

Sounds good until these democrats tax unrealized gains and then the economy collapses… 🤷🏻‍♂️ 😅😅

FWIW I think the second row has a typo–should be $250/month, not $200 for the columns on the right to make sense

everyone has to start somewhere $100, $20 a month it doesn't matter eventually you will start saving more.

Bold of you to assume $1Mil is gonna be worth $1Mil in 40 years. 😂

Will a millionaire even mean anything in 30 years?

You should also factor in inflation by the time you retire. By the time you're 65, $1 million may feel like only $200k

Bro for asian too bro
Please I already subscribed❤️

You could choose not to retire and not gamble on the future

Assuming you invested in BigLots! Now you have less than 5 dollars

Able to put 3k a month away since im 19, now almost 21, will be able to put more away soon as im getting a new job that pays way more

The answer is bitcoin

I feel like I'm behind 😕 this is the first year I will max out my personal fidelity roth IRA to $7000. Between my work retirement and my own roth I have about invested $40k and no debt. I am turning 28.

Didn’t understand why do people want to millionaire on 65 what they will do on that age enjoy what you got buy new car hookup work hard

Yall are lame as hell why 8% returns?!?!😂😂😂 like bruh im 19 and i rather buy bitcoin or apple stocks that have 50% returns and 20% returns like s&p 500 is severaly overated and should be used only for old people who want to retire and cant afford losing any money

If your 18 and don’t have any ambition you’re more than likely to take any job you could get. If that’s the case go work for winco foods. at the store you’ll be a millionaire by age 40 and at the DC you’ll be a multimillionaire by age 40

Is there a difference between voo and fxaix

Isn't the average return for Berkshire Hathaway around 13.4% over the last like 20 years?

What’s the point in becoming a millionaire at 65

2000 a month for 38 years for only 5m seems low

So basically meet the yearly ira limits. Split between roth and traditional as needed to lower tax bracket?

I couldnt see the middle of the investing chart because of the search box being in the way

Tqqq

What about dividends. You should do this again, but with a dividend stock instead of an ETF. Like MAIN, O, Altria, or some other well known dividend stock. How much you could make using a dividend stock, starting at age 25, stopping at age 65, 100,250,750,1000$/month, and reinvesting the dividends. It would make for a great short like this one (or maybe even a full on video)

One lesson I've learned from millionaires is to always put your money to work, no matter how small. Even investing $100 per month can compound to tremendous wealth over decades. The key is to keep going!

I’m 28 and I’ve been investing $3,000 a month for just shy of a year, pray for me bro’s 😅

Inflation left the chat