Waiting 20 Years Can Cost You Millions - Don't Wait Start Today
Many Young people dwell for Today. They really don't fully understand the powerfulness of chemical compound interest. The Difference between investment as small as $20 a hebdomad at age 20 or waiting until age 50 can be over $3,000,000 (yes 3 Million). Don't wait start today!
Recently I was in a 7-11 and I watched as a immature adult male Purchased $10 worth of Lottery Tickets. As he was walking away from the counter he started talking to me. Helium told me he just turned 21 and he was going to purchase $10 worth of Lottery Tickets for every Pick six as long as he had a steady Job. In Show Me State they have got 2 Pick Six Drawings Weekly. I said to him Here is my card give me a phone call and I will demo you a surefire manner to go a
Millionaire.
He looked at me and said certain sure. Iodine looked back at him and Said I will ran into you tomorrow across the street at the java store and Coffee is on me would morning time or afternoon be better. He Replied I get off work at 2pm So I can be here at 3pm. Iodine said 3pm it is.
I went home and plugged some numbers in an Excel Spreadsheet. Remember I did promise to do this 21 Year old child a Millionaire. I was going to make for him what no 1 ever did for me.
The Results are very telling. If my immature friend were to put his $20 a Week and have got got got got got a 10% Tax Return on his investment
In 20 Old Age when he is 41 he will have a small over $66,000
In 30 Old Age when he is 51 he will have a small over $198,000
In 40 Old Age when he is 61 he will have a small over $550,000.
In 45 Old Age when he is 66 He would have a small over 920,000
In 50 Old Age when he is 71 He would have over $1,500,000.
If my immature friend were to be able to average a 12% return the numbers are even more than staggering
In 20 Old Age when he is 41 he will have got got got got a small over $86,000
In 30 Old Age when he is 51 he will have a small over $307,000
In 40 Old Age when he is 61 he will have a small over $1,000,000.
In 50 Old Age when he is 71 He would have over $3,400,000
The Above numbers are very telling. Not only make they demo my immature friend the powerfulness of Compound interest but the Show my Young friend the Power of Waiting. As an Example if my immature friend Continues to Buy lottery Tickets for 10 Old Age until helium 31 and then make up one's minds to take my advice and put the $20 instead of having $1,500,000 when he is 71 at 10% he would only have got $550,000. Waiting 10 Old Age cost him almost $1,000,000.
At the 12% Tax Return My Young Friend would free over $2,400,000 the Difference between $3,400,00 and $1,000,000
Now if my Young Friend were to Play the Lotto for 30 Old Age and Wait until he is 51 to take my advice he would free over 3,300,000 at 12% the Difference between $3,400,000 and $86,000.
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