You NEED To Hear This If You’re In Your 20s

[lordgains]

As much as I agree with this. The irony of this is by the time you retire and you get your profit. You'll be too old to truly enjoy the money you have.

[dextros]

it worked! im now 95 years old and im a millionaire!

[ElAlexprohd]

"You NEED To Hear This If You’re In Your 20s"
Me being 17: 3 steps ahead, like always.

[dkmtqfx]

An average 10% annual return is unheard of. It’s closer to 8%. Let’s be real.

[chrishoover]

Sir you have opened my eyes. I'm 32 trying to get me and my family ahead. I have 2 daughters I'd like to teach young so they can have a more successful future than me. Your knowledge is so valuable to me and I thank you for sharing it.

[xtraszone]

Investing is good but you should also focus
on thinking big instead of saving every penny and investing it.

[Chiungalla]

Every person doing this without correcting for inflation is either a fool or trying to scam you.

Those 88$ are worth only 32$ after all those years.

[jspau]

That's it guys - you heard it straight from the expert. Don't buy shoes, drinks, clothes or food. It's all a scam. Thanks Mark!

[dreamofhorses]

10% return year after year is wildly improbable

[serban]

Brother you didn't do nothing in your life and now at 55-65 you start scamming, is like putting a clown in circus at that age without experience.

[calebwhalen]

By the time I retire, that one dollar I saved may be worth 88. But it will also probably cost 88 dollars to buy something I could for a dollar now. These funds are a scam to keep you from retiring.

[FalloutUrMum]

Average 10% annual return is pretty out there though. Especially for an index fund

[GabbyMJ-mdrs]

Unfortunately, not all of us were financially literate early. I was 35 when I finally educated myself and started taking steps. I went from $176, 000 in debt with zero savings or retirement to now, 2 years later, fully debt-free and over $1000, 000 net worth. I know that doesn't SOUND like a lot, but I'm incredibly proud of it. Now I'm fast-tracking my wealth building (investing $400, 000 annually) and don't owe a dime to anyone. It's a good feeling!

[ebwholesaler]

Good to know I bought an 8.8 million $ car !
Hope I can speculate on my Corvette now

[BrianVelez]

It was learning this that ruined my perspective in my 20s. So I live frugally and investing heavily because I’m aware of how much more my money is worth now rather than money later.

[TMM]

One thing is having a Rolex while you are 30 yo other thing is having a Rolex with 65 yo… these are 2 completely different things and same applies to other material things. I am not saying you should get into debt to get these, but as long as you have the money nothing wrong by treating yourself and just enjoy your life.

We never know when it’s our last day, I like to spend 50% of my money as if I will live another 50 years and 50% as if I am going to live just 50 more days.

[romantia]

i would do the same thing like the old guy. i'm here to prepare my son for the future. let me be the one who struggle so that they have a better life

[MicroMelodies-txzf]

Just a remind when this guy was in his 20s a house was probably 30k and a college education could be bought with a summer job.

[ThePandarian]

I've started to learn to take the advice of people over 50 with a grain of salt. Most of them are stuck in the ways of the past and just font truly understand the struggle that current adolences are going through. It was easy to save when everything costed a nickel.

[karlg]

And how much of the $88 will be just inflated fiat?