The Intelligent Investor’s Road to $1,000,000

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At the age of 43, Tom retired from his 9-5 at Ford Motor through a combined effort of savings and stock market investments, although, on the day when he graduated college, he didn't have a penny to his name.

Tom reached $1,000,000 and quit his 9-5 to live off his investments before his 44th birthday. More than half of that money came from returns in the stock market, and his investments helped him reach this number 14 years earlier than his salary alone would have done. With this type of money Tom was confident that his stock market returns could cover his yearly expenses.

This is the story of Tom’s accomplishment.

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Many thanks to my friend Richard Dykes, who helped me in making this video possible.

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(If you sign up I earn a small commission)

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Timestamps for your road to your first $1,000,000:
00:00 Intro
02:15 $0 - $20,000
07:02 $20,000 - $100,000
13:30 $100,000 - $1,000,000
20:34 $1,000,000 & beyond

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My goal with this channel is to help you make more money and improve your personal finances. How to become a millionaire? There are many ways to get there – investing in the stock market, becoming a stock trader, doing real estate investing, or why not becoming an entrepreneur? But whether you are interested in how to invest in stocks or investing strategies for creating passive income with rental properties – I hope to be able to provide you with a solution (or at least an idea) here. Warren Buffett - the greatest investor of our time - says that you should fill your mind with competing ideas and then see what makes sense to you. This channel is about filling your mind with those ideas. And in the process – upgrading your money-making toolbox.
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So Tom studied the markets in his spare time, and started beating the market by 4% a year every year... then he studied aerodynamics, grew wings and flew away. Started giving air taxi rides on his back for extra $100k a year.

alk
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So Tom, a mechanical engineer studied some books and consistently beat the market by a few percent (4%) each year. While most professional fund managers aren't able to beat the market long-term. I feel suggesting everyone to read a few books and do stock picking will turn many folks who listen into Stevens.

Andrei-dqcd
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Was a reasonable video up to the "beating the market by 4%" part, which is absolutely ridiculous

Steinchen
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This video assumes:
-born in America
-had the opornities to get this very high paying job
-good at his job
-likes his job enough
-stable realtionship
-no random medical emergencies
-beats the stock market like anyone can't

Knytz
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This video breaks my heart in a way. My sister worked her way to the top in her career, literally her ass off. Dollar cost averaged her cash since she was 20; got to her $1, 000, 000 mark at 37 and got into a car wreck and passed away. She never got to enjoy it. I hope my brother in law uses it wisely and appreciates the hustle, grind and discipline that it took. She taught me a lot!

Psche
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All these stories always begin at the age of 20something and with a job that pays insanely good salary. They are inspirational, I agree, but I would also like to see how a 30 or 40 year old could manage with a lower salary :) obviously not as great, but it would bring some realism to these videos.

Proximax
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Finally, I understand what 'paying yourself first' really means. It means the opposite of paying somebody else (new car, expensive vacation, new Apple phone). You also need to carefully plan how much are you going to pay yourself. And then you would treat yourself as a business, just like Ford, property owners, and Apple Inc. Basically, trying to manage your money and learn to manage your money.
Or call it "Pay to your fund first" before making frivolous purchases. Or at least match each luxury purchase with investing in your fund. And if you can't afford to make a luxury purchase and simultaneously make a matching investment, then skip the purchase until you can make a matching investment to your purchase!

Thank you, Swedish Investor your visual presentation clicked with me!

alecc
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Excellent! Im 23 years old and i already started the journey of Tom 6 months ago

turbex
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20:00 is where this goes from a parable to a fantasy “Tom was able to beat the market by 4% each year by picking stocks”.

ThomasSlaney
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So Tom is 43 today and became a learning machine at the age of 23 by listening to his favourite podcasts and youtubers.

Man was really ahead of his time back in 2002 then

TheJannis
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I realized that the secret to making a million is saving for a better investment. I always tell myself you don't need that new Maserati or that vacation just yet. That mindset helped me make more money investing. For example last year I invested 80k in stocks and made about $246k, but guess what? I put it all back and traded again and now I am rounding up close to a million

bryanwilson
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Кто тоже нашëл это в плейлисте винди?)))

Какая-то_девочкаО_О
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*Its never too late to start from somewhere, I am lucky to have found this source, it’s the future*

maryt
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while I agree with the core messaging of frugality, this video sets unreasonable expectations
it is optimistic to a fault and operates on frankly ridiculous assumptions
such as saving 1000$ a month while having to pay rent on an entry level position
or having no student debt
or never having any emergency expenses for that matter

rogofos
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Андрей стал миллионером из-за этого видео🤯

Ferzielle
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Great Video, Success is dependent on the actions or steps you take to achieve it. Show me a man who doesn't have an investment, and i will tell you how soon he will go broke. Investment is building a safe heaven for the future. With the right choice of Investment that has at least 1% minimum risk and with an expert guidance, profit and Intrest is 100% guaranteed.

mohammadnour
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Love that you formatted this information into a story with a character! One of the most entertaining finance videos I’ve watched on YouTube so far, thank you!

KaiVertigoh
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Did you ever thing of how #INFLATION# is affecting the world’s economy and all its marketing sector?

michaelkelly
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This was both entertaining and informative. Congrats!

dominiquejasperson
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The concept of video games accidentally educating people is always super cool, love to see part 2

vallee