JOHN HENRY

The math behind becoming a millionaire: Investments growing at 10% while: - Investing $125 a week for 30 years. - Investing $350 a week for 20 years. - Investing $630 a week for 15 years. It sure isn't easy. But it's easier than winning the lottery.

“80% of millionaires are self-made. They started with nothing but ambition and energy, the same way most of us start.” – Brian Tracy

@ProfitMindsetX Get it 🤓

@thejohnhenry I’m literally feeling future millionaire 😂

Today, 5,000+ subscribers learned How smart investors avoid taxes (the B.B.D. hack): 1. How it works. 2. How people use it. 3. A real-life example. Read it: millennialwealth.link/goo

@iamcoriarnold 🤓

@thejohnhenry I learned something new today. 😀

@iamcoriarnold Debt can be a blessing, like buying assets.. or feel like a curse, like credit card debt.

If you don't understand debt, you'll never be wealthy Debt allows us to get what we want faster, but it has an extreme downside Here is what you need to know:

@Invested_In_You Wild to think millions of people are giving the government an interest-free $3k loan each year.

Most people treat their tax refund like a bonus. It’s not. It’s an interest-free loan to the government. The average refund is $3,100. That’s $258 a month that could’ve been invested, paid down debt, or sitting in a high-yield savings account earning 3.5%. Instead it sat with the IRS. Earning nothing. Adjust your W-4. Keep your own money throughout the year. Let it work for you instead.

@jackiekenoyer So true. It definitely feels like a 3rd language in the beginning.

Personal finance is a foreign language to beginners. The more I work with people in real life, the more I’m reminded that most don’t know the difference between: • A bank • An app • An account • A feature • A strategy • A vocab word Or what any of it is actually for. Once you go beyond Chase/BofA/Wells checking accounts everything sounds confusing, yet familiar. It’s like knowing some of the words to a new song while it’s playing, but not being able to remember any of it when it’s not on. Learning money isn’t just vocab. It’s differentiating between: • Names • Accounts • Account types • Definitions • Strategies • Tools And understanding what it’s all for.

@darrelltalksfi Good point. Younger people obsessed with dividends has never made sense to me.

Dividends are an expensive luxury for an investor seeking maximum growth. Just look at the math: Assume a company with $10/share in book value earns 15% on its capital each year. At the end of year 1 book value will be $11.50 per share if the stock pays no dividend. At the end of year 2 it will be $13.22, And at the end of year 3, $15.20. In 5 years the company's book value will 2x. In 10 years it will 4x. In 33 years it will be up 100x. But what if the company had paid dividends? Say the company paid out 1/3 of its earnings. It would then take 15 years to 4x its capital. Not 10. And in 33 years it would be up 23x instead of 100x. A dividend doesn’t create value out of thin air. It’s a forced sale that interrupts compounding.

@LazaroInvestor Better late than never.

@thejohnhenry Start now!!

The common retirement plan: 20s: No plan 30s: No plan 40s: No plan 50s: Panic 60s: Panic 70s: Panic The modern retirement plan: 20s: Invest a lot 30s: Invest a lot 40s: Invest a lot 50s: Enjoy 60s: Enjoy 70s: Enjoy

@Invested_In_You Totally. Time is dang valuable.

@thejohnhenry Start early and everything becomes easier

@iamcoriarnold Less panic and stress ideally : )

@thejohnhenry Take action sooner and life gets a lot easier.

@iamcoriarnold Inflation is painful without owning assets. Stocks and real estate been my plan to keep ahead of it.

$100K in 1990 = $247,167 today $100K in 2000 = $187,600 today $100K in 2010 = $148,149 today $100K in 2020 = $124,819 today $100K in 2024 = $103,040 today Inflation eats away the value of cash Here are 5 ways to offset inflation:

@iamcoriarnold Good point.

@thejohnhenry When investing is a priority, you know you’re heading in the right direction.

The old American dream: - Big car payments. - Big house payments. - Working a 9-5 for 40 years. The new American dream: - Keeping costs low. - Investing every month. - Escaping the 9-5 life early. Freedom is the ultimate flex.

@darrelltalksfi "Avoiding risk means living an average life"... something I heard someone say I still think about.

“Stocks are risky” “Real estate is risky” “Bitcoin is risky” Okay… but what isn’t? Every time you step outside your house you’re taking a risk. Every time you get in your car to go to work you’re taking a risk. And the biggest risk of all? Watching your money rot from inflation in a savings account paying 0.01% interest. But most people consider that “safe” Do me a favor and don’t go through life scared. The biggest risk isn’t taking one. It’s playing it safe.

@JJsFinclub Met a lot of them when I worked in banking. Mostly everyday folks that put part of their paycheck into stocks or real estate for a long time.

How many people do you know who’ve built a $1.5 million+ net worth by age 55?

@AlexCanInvest Yep, more choices.

@iamcoriarnold $250k in student loans is rough. Many companies help pay your student loans these days like SoFi, Nvidia, Google, Fidelity, Estee Lauder, etc. Working somewhere that helps pay them off faster can be a good strategy.

I met with someone last year who had the following: Net Income = $12,000 Rent = $5,000 Daycare = $2,500 Student loan pmts = $2,500 Food = $2,000 Utilities = $600 Other = $1,000 Total expenses = $13,600 Net deficit = $1,600 Had $1.5m stocks I gave him the following advice: