Where Was Your Advisor When???
Aug 2, 2021 ·
55m 59s
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Description
AMC shares cut in half, GameStop is down 19% this month, and where was your advisor when______? Ben and Seth discuss that and much more on today's episode of Money...
show more
AMC shares cut in half, GameStop is down 19% this month,
and where was your advisor when______?
Ben and Seth discuss that and much more on today's episode of Money On Tap.
show less
and where was your advisor when______?
Ben and Seth discuss that and much more on today's episode of Money On Tap.
- How much difference does starting to invest early really make?
Run one habit through the math: $200 a month at a hypothetical 7% return reaches over half a million dollars by 65 if it starts at 25 — about $244,000 starting at 35, and about $104,000 starting at 45. Same money, same return; the only variable is time, because compounding does its heaviest lifting in the earliest decades. You don't need to be wealthy to build wealth — you need time, consistency, and a plan, and you control all three: how much you save, how much you invest, and how long you let it grow. Start with the employer match (a 100% return the day it posts), automate a contribution you'll never turn off, and escalate it with every raise. If the ideal start has passed, the lesson isn't regret — it's urgency.
Information
| Author | Seth Krussman & Ben Brayshaw |
| Organization | Seth Krussman & Ben Brayshaw |
| Website | - |
| Tags |
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