Some helpful articles that will help you accelerate your networth: - How I became a millionaire & things I learned along the way: www.unlimitednetworth.com/2017/03/how-i-became-millionaire-things-i.html - Invest $81K per year -- with much of it sheltered from taxes: www.unlimitednetworth.com/2017/02/invest-81k-per-year-with-much-of-it.html - Deciding Where to Invest Your 401K: www.unlimitednetworth.com/2013/10/deciding-where-to-invest-your-401k.html - Can a pay raise be a bad thing? Yes, find out why: www.unlimitednetworth.com/2015/11/can-pay-raise-be-bad-thing-absolutely.html - If you’d also like to become a billionaire, see how long it will take to get there with the Net Worth growth calculator: www.unlimitednetworth.com/2013/12/net-worth-growth-calculator.html
Wow. Start at age 22. Get a $100K job. Invest $45K per year in stock market. Become Billionaire by age 95. Just think of all the places you can visit at that age, if you are still alive.Brilliant!
this is the dumbest video ever! only ~7% of the society even makes over $100k and of that only around .001% is 22 or less so in other word to be come the 1% of wealth you must start in a different 1% of society! ignorance
Bro I’m not trying to make a billion dollars by the time I’m 94 how I’m a going to enjoy it by the time I’m 94 I wouldn’t even know that I’m rich, I’m trying to make a billion by the time I’m 35, im 14
The biggest asset you have is time, since you're still pretty young. No one said you need to get all the way to a billion. You could stop at 10 million. You'll still be pretty young and you'll have loads of money. This strategy works, but you'll need time and at least some income to make it work. Here's a more serious video on how I made it to becoming a millionaire: th-cam.com/video/YFpGMPE3E9Q/w-d-xo.html
Kevin Stratvert I tried to invest into the stock market but my mom won’t let me give my social insurance number like 10 percent return I’m gonna try get it somehow and I’m gonna add 10$ a month tell I’m like millionaire
It's more of a theoretical exercise that you can make it to a billion by the time you're in your 90s following this method. Even if you stop when you're 50 or 60, you'll still be plenty loaded. If you go all the way to a billion, I'm sure your kids would be very pleased :)
this method won't get you there by the time you're 40, but it's the most accessible to most people. To get there in your 40s, you'll have to start a business that becomes really big, inherit a ton of money, or become a dictator. Any of those should get you there sooner :)
@@KevinStratvert IK you tried to help and I am thankful, but in reality there are way better ways to make millions and you don't have to wait like 70 years. I think the best ways to make millions is to stay laser focus on a top that you are passionate about and develop your skills. Agreed?
The math on this does not add up. Success leaves clues: to be a billionaire you have to found a company or have a killer product. You will invest for 130 years and not make it under current rates of return.
Thanks for the comment :) By investing, others found the companies and come up with the killer products and you simply provide the capital to make it possible. You're an owner just like anyone else. Fair point that a billion dollars 60 to 70 years down the road won't be equivalent to a billion dollars today. Here are more details on the math: www.unlimitednetworth.com/2014/06/how-to-become-billionaire-without.html
For your investment plan, do you mean simply reinvesting what you've made with the index fund every year, or investing another $45k every year on top of what's made from the investment itself?
Both - re-invest your dividends and invest an additional $45K+ a year (and make sure to grow your contribution each year). Over time, your returns will far exceed your contribution and your contribution won't matter as much anymore. You can see a more detailed explanation here: www.unlimitednetworth.com/2014/06/how-to-become-billionaire-without.html You can simulate how long it would take you with the following calculator: www.unlimitednetworth.com/2013/12/net-worth-growth-calculator.html#more I also have a blog post that talks about how you can shelter much of your contribution from taxes: www.unlimitednetworth.com/2017/02/invest-81k-per-year-with-much-of-it.html Cheers!
Everything I agree bro , but who know u leave fpr 94 long years to become a billionaire and leave Everything to your next generation! Think big and change 94years to somewhere around your 50 👍
I personally use Fidelity for my own investments. Vanguard is another good one if you want to do index investing. etrade is a well known company although I don't have personal experience using them.
that math is so not going to work.... there is no guideline you can follow to become a billionaire and if you are looking for statistics that one should not be on your list! i get the impression that you want to invest the money in fast growing companies, so that you can create wealth fast, but how do you invest in such companies or ideas ?! you just think that every investment you make is going crazy but realistically when you invest you wont be able get everything you invest in being the next facebook or apple. .... just know what your talking about before making a video about it -.- if you are really that good in investments go in the financial sector and let other peoples money grow and dont go for a normal 100000dollar job.
Becoming a billionaire is very feasible when you take compounding, inflation, and lots of time into account. I'm not advocating trying to pick the next hot stock. Instead, I invest in the overall market via an S&P 500 index fund. Over the last 80 years or so, the market has returned 8% - 10% per year. Here are some more details on how it works: www.unlimitednetworth.com/2014/06/how-to-become-billionaire-without.html You can also test out the numbers using the following net worth growth calculator: www.unlimitednetworth.com/2013/12/net-worth-growth-calculator.html#more Before you dismiss it, although I haven't become a billionaire yet (need much, much more time), following these steps have helped me become a millionaire. This strategy works surprisingly well.
i get your point, but thats very theoretically. show me statistics that proof your system; possibly someone who was able to get a billionaire with that method?! i dont fight against the 8-10%. it is possible but not as safe as you claim it to be ... and furthermore it does not make any sense to keep your job and investing 45000 every year if you make millions. of course you have to start with something and first get a good paid job to start with some money but its one of the worst investments you can make (investing time in your job). the impression i get is that you just refer to your website. i guess that is yours ?! -> that is where you get your money: i did not have a closer look but just refering to one website and giving one number is not in any means good research. the idea is good but i cant get along with that system because it is so inefficient and you claim that it works because that one number that you found somewhere (you dont even tell where exactly (or did i miss something)), should proof that it works?! when you have enough proof for that system and its stability i will listen to your idea, till then i just think that this is not thought well and a little bit too optimistic.
The best proof point and the reason I started following this strategy is because both Warren Buffett and John C Bogle recommend it (and it's worked out very well for them). I've also read a ton of books on the topic and I've landed on this as being the most optimal strategy for myself. Investments will never be completely safe. You get compensated for taking on risk. As Warren Buffett always says, I'd rather earn a bumpy 15% than a solid 10% a year. That's my web site (unlimitednetworth.com). I don't really make any money from it. On the site, I've tried to distill all the key points and lessons I've learned over the years of investing. I put it up as a resource to pass on what I've learned over the years. I wish I had something like this when I first started working. It would have helped me tremendously. On the site, I've also called out books that I found to be very valuable and informative, if you want other sources. Feel free to read through it and if you still disagree, let me know what other strategy works out better. Cheers.
Some helpful articles that will help you accelerate your networth:
- How I became a millionaire & things I learned along the way: www.unlimitednetworth.com/2017/03/how-i-became-millionaire-things-i.html
- Invest $81K per year -- with much of it sheltered from taxes: www.unlimitednetworth.com/2017/02/invest-81k-per-year-with-much-of-it.html
- Deciding Where to Invest Your 401K: www.unlimitednetworth.com/2013/10/deciding-where-to-invest-your-401k.html
- Can a pay raise be a bad thing? Yes, find out why: www.unlimitednetworth.com/2015/11/can-pay-raise-be-bad-thing-absolutely.html
- If you’d also like to become a billionaire, see how long it will take to get there with the Net Worth growth calculator: www.unlimitednetworth.com/2013/12/net-worth-growth-calculator.html
Wow. Start at age 22. Get a $100K job. Invest $45K per year in stock market. Become Billionaire by age 95. Just think of all the places you can visit at that age, if you are still alive.Brilliant!
Even though it's feasible, it begs the question of whether it's even worth it. I would personally be happy to settle for a few million!
@@KevinStratvert I'd be happy to settle for a few hundred thousand
this is the dumbest video ever! only ~7% of the society even makes over $100k and of that only around .001% is 22 or less so in other word to be come the 1% of wealth you must start in a different 1% of society! ignorance
0:41 I hope you don't need eardrums to be a billionaire...
Spaceman24 😂😂😂
Loud
😄😄😄😄😄😄
I was literally reading this at about 0.35 and was like “huh? What the he.......AAAAHHH FUCK”
Bro I’m not trying to make a billion dollars by the time I’m 94 how I’m a going to enjoy it by the time I’m 94 I wouldn’t even know that I’m rich, I’m trying to make a billion by the time I’m 35, im 14
Man why don’t bill gates just give me a million dollars;(
The biggest asset you have is time, since you're still pretty young. No one said you need to get all the way to a billion. You could stop at 10 million. You'll still be pretty young and you'll have loads of money. This strategy works, but you'll need time and at least some income to make it work. Here's a more serious video on how I made it to becoming a millionaire: th-cam.com/video/YFpGMPE3E9Q/w-d-xo.html
Kevin Stratvert I tried to invest into the stock market but my mom won’t let me give my social insurance number like 10 percent return I’m gonna try get it somehow and I’m gonna add 10$ a month tell I’m like millionaire
Well where are you now ? Did you get anywhere start at anything ? I'm curious looking at your comment , not hate at all !
Fastest way to become a billionaire: fly to Zimbabwe.
The volume of the music is pure cancer. Turn it down in the future
It is a little loud... thanks for the feedback!
ANOTHER 1
Great video ! You are a dreamer and you motivate people to Dream Big !
Thank you very much for sharing Sir
Would be nice to learn from it and spend money more wisely!
Whats the point of being a billionaire when your fricking 90
It's more of a theoretical exercise that you can make it to a billion by the time you're in your 90s following this method. Even if you stop when you're 50 or 60, you'll still be plenty loaded. If you go all the way to a billion, I'm sure your kids would be very pleased :)
who wants to become billionaire in 90s? this is for you
you don't have to make it to a billion... you can always stop after you have several million and call it good :)
@@KevinStratvert cool but you have any idea how to become billionaire in 40s?
this method won't get you there by the time you're 40, but it's the most accessible to most people. To get there in your 40s, you'll have to start a business that becomes really big, inherit a ton of money, or become a dictator. Any of those should get you there sooner :)
@@KevinStratvert IK you tried to help and I am thankful, but in reality there are way better ways to make millions and you don't have to wait like 70 years. I think the best ways to make millions is to stay laser focus on a top that you are passionate about and develop your skills. Agreed?
@@daddymo7387 that's definitely true. Investing will only help amplify that.
The math on this does not add up.
Success leaves clues: to be a billionaire you have to found a company or have a killer product.
You will invest for 130 years and not make it under current rates of return.
Thanks for the comment :) By investing, others found the companies and come up with the killer products and you simply provide the capital to make it possible. You're an owner just like anyone else. Fair point that a billion dollars 60 to 70 years down the road won't be equivalent to a billion dollars today. Here are more details on the math: www.unlimitednetworth.com/2014/06/how-to-become-billionaire-without.html
Good luck living up to Thor 94 years
Who can resist knowing u can take 64Million out your bank tommorow
dude we'd be dead by that age 😂
How are you going to enjoy your money when your 94 years
When I'm 65 years old I Don't want to be anything lol😅
Assuming no kids, not married and not paying a mortgage. This formula works
For your investment plan, do you mean simply reinvesting what you've made with the index fund every year, or investing another $45k every year on top of what's made from the investment itself?
Both - re-invest your dividends and invest an additional $45K+ a year (and make sure to grow your contribution each year). Over time, your returns will far exceed your contribution and your contribution won't matter as much anymore. You can see a more detailed explanation here: www.unlimitednetworth.com/2014/06/how-to-become-billionaire-without.html
You can simulate how long it would take you with the following calculator: www.unlimitednetworth.com/2013/12/net-worth-growth-calculator.html#more
I also have a blog post that talks about how you can shelter much of your contribution from taxes: www.unlimitednetworth.com/2017/02/invest-81k-per-year-with-much-of-it.html
Cheers!
2:32 sales job
Everything I agree bro , but who know u leave fpr 94 long years to become a billionaire and leave Everything to your next generation! Think big and change 94years to somewhere around your 50 👍
You can not be serious, lol
yes it is possible but I don't want to be 94 when I am a billionaire
this is impossible for the people on wheelchair.
The music is akward
You are standing in front of a big house. Do you own this house?
I live in Jamaica and I want to invest in USA stocks.
You should be able to do this. You'll need a brokerage account in Jamaica and you can invest in US companies.
Give me a list of highly trusted brokerage accounts. By the way, is etrade one of them?
I personally use Fidelity for my own investments. Vanguard is another good one if you want to do index investing. etrade is a well known company although I don't have personal experience using them.
Thank you.👍
Do you think it's safe to only use one brokerage account?
it looks like is hard
that math is so not going to work.... there is no guideline you can follow to become a billionaire and if you are looking for statistics that one should not be on your list! i get the impression that you want to invest the money in fast growing companies, so that you can create wealth fast, but how do you invest in such companies or ideas ?! you just think that every investment you make is going crazy but realistically when you invest you wont be able get everything you invest in being the next facebook or apple. .... just know what your talking about before making a video about it -.-
if you are really that good in investments go in the financial sector and let other peoples money grow and dont go for a normal 100000dollar job.
Becoming a billionaire is very feasible when you take compounding, inflation, and lots of time into account.
I'm not advocating trying to pick the next hot stock. Instead, I invest in the overall market via an S&P 500 index fund. Over the last 80 years or so, the market has returned 8% - 10% per year.
Here are some more details on how it works: www.unlimitednetworth.com/2014/06/how-to-become-billionaire-without.html
You can also test out the numbers using the following net worth growth calculator: www.unlimitednetworth.com/2013/12/net-worth-growth-calculator.html#more
Before you dismiss it, although I haven't become a billionaire yet (need much, much more time), following these steps have helped me become a millionaire. This strategy works surprisingly well.
i get your point, but thats very theoretically. show me statistics that proof your system; possibly someone who was able to get a billionaire with that method?! i dont fight against the 8-10%. it is possible but not as safe as you claim it to be ... and furthermore it does not make any sense to keep your job and investing 45000 every year if you make millions. of course you have to start with something and first get a good paid job to start with some money but its one of the worst investments you can make (investing time in your job). the impression i get is that you just refer to your website. i guess that is yours ?! -> that is where you get your money: i did not have a closer look but just refering to one website and giving one number is not in any means good research.
the idea is good but i cant get along with that system because it is so inefficient and you claim that it works because that one number that you found somewhere (you dont even tell where exactly (or did i miss something)), should proof that it works?! when you have enough proof for that system and its stability i will listen to your idea, till then i just think that this is not thought well and a little bit too optimistic.
if you get so much profit out of that system why dont you already own a hedgefund ? probably none with 100dollars from your friends ?!
The best proof point and the reason I started following this strategy is because both Warren Buffett and John C Bogle recommend it (and it's worked out very well for them). I've also read a ton of books on the topic and I've landed on this as being the most optimal strategy for myself. Investments will never be completely safe. You get compensated for taking on risk. As Warren Buffett always says, I'd rather earn a bumpy 15% than a solid 10% a year.
That's my web site (unlimitednetworth.com). I don't really make any money from it. On the site, I've tried to distill all the key points and lessons I've learned over the years of investing. I put it up as a resource to pass on what I've learned over the years. I wish I had something like this when I first started working. It would have helped me tremendously. On the site, I've also called out books that I found to be very valuable and informative, if you want other sources. Feel free to read through it and if you still disagree, let me know what other strategy works out better. Cheers.
I don’t want to make money my dad was already build a empire it’s call money worlds
Are you billionaire
Smh false info
it can work, you just need lots of time. here's a more serious video on how to become a millionaire: th-cam.com/video/YFpGMPE3E9Q/w-d-xo.html
🔥🌊🐬💦💧 🔥 WATER 🐬
Not ideal. Thanks for nothing.
R u a billionaire
Millionaire, but not billionaire... at least not yet :)
Useless tips