This is how you will become a millionaire just by investing 300. What's going on guys, It's Ricky here and please just hear me out, watch the entire video and let me know your thoughts down in the comment section, this is not a video to convince you or to change. You know whatever business it is that you wanted to start that you think that will lead you to becoming a millionaire. This is literally for worst case scenario.

The reason I find this video to be so this information to be so useful is I Just had a daughter right her name is Remy she's one years old and although you know I was able to hit that Milestone of becoming a millionaire at 22 and a lot of you guys might hit it sooner than me, some of you guys might hit it after. This is a worst case scenario that even I can put into effect for my daughter and it only requires one thing and that is consistency over a long period of time. So if you have goals, if you have aspirations, if you want to continue to pursue starting a business or whatever Avenue that you think that will make you a lot of money, do it. This is again, literally the worst case scenario to guarantee that you will still become a millionaire even if all else fails.

So again I Hope that you learned something new and if you do, please consider dropping a thumbs up and subscribing. The first thing that you need to understand is that this is going to happen over a period of 40 years and I can already see and feel the eye roll. Ricky I Don't want to become a millionaire in 40 years I Want to become a millionaire in the next year or two and again that's going to be with your business, that's going to be with whatever Avenues you. You know that that could be with more aggressive trading, right? Obviously with more risk comes more reward.

This is worst case scenario. you at least will hit a million dollars in the next 40 years. So as long as you contribute 300 a month and this is going to be every month for the next 40 years, let me explain. If you invest into a specific index fund and an index fund, I'm going to show you all of this.

If you invest in a specific index fund that has an average growth of around 10 percent a year, it gets compounded yearly. So again, the more money you make, the more money that it will make you as time goes on, the more that you contribute, the more money that that will make you right. 300 a month for the next 40 years. That's thirty six hundred dollars a year.

It's not very much right. It's very realistic for I would say a lot of people, Majority of people. If you have a kid, if you don't want to do it for yourself right because you have larger aspirations that do it for you, know your future kids right Think about it. It's 40 years.

So if you just had a kid, then by the time they're 40, at least you will have over a million dollars for them. So if you don't do it for yourself, do it for your family, right? This is why I Wanted to talk about it because I'm putting this into effect more now than ever before for my daughter. Remy right? Three hundred dollars. Thirty six hundred dollars a year, it leads to about a total contribution for the next 40.

Years Of a hundred and forty four thousand dollars I Wanted to show you that 144 000 over the span of 40 years will be worth over 1.5 million dollars. You might say, well, 1.5 million dollars in 40 years isn't going to be very much. Well, guess what, if you don't have anything going on in the back end, you won't have anything at all, right? This is literally worst case scenario. Remember, if you don't want to do it for yourself, think about it.

Do it for your future family. At least that's my motivation. I Wanted to show you this very quickly I'm much more of a visual learner. So with no initial investment, right? this is you can open up a trading account.

uh, or an investment account. You can contribute 300 starting right? We're about to start the month of, you know, March. To say that my goal for this year is to contribute 300 every year. Starting the month of March right 300 for the next 40 years at an average rate of 10 compound annually will lead to nearly 1.6 million.

but overall 1.5 million and it could show you the exponential growth literally in the in the last really five to ten years is really where you get going. But think about this with your initial contribution of a hun I'm sorry of 300. overall contribution of 144 000 within the span of 40 years will lead you to have nearly 1.6 million dollars. And remember this is not the take away from your other goals and your other aspirations of business or anything like that right of of what Ventures might make you more money quicker.

This is literally worst case scenario. so all of us. so if not for you, then maybe for someone that you love right that you have something going on on the back end That even worst case scenario: think about this. Just three hundred dollars a month.

This is how important it is to do it over a period of time. Now a question you might have is okay. The numbers make sense, You know I'm down for this right? 300 a month? Thirty six hundred dollars a year for the next 40 years. Let's do it right.

I'm 28 So that means by you know for for me 68 right will be the time that I would would have hit this Milestone if I were to start this Now, remember if it's not for me, then it's going to be for my daughter, right? And by the time that she's 40, then she at least has an extra 1.5 1.6 million dollars. And the thing is like yeah, sure, it might not be worth much due to inflation or you know what's 1.6 valued at Um or worth in 40 years. but yet, think about it. if you put nothing, if you put nothing into effect, then she'll end up having nothing right.

And that's why I wanted to at least show you this because I know there's parents out there I know there's people that are working towards having a family or even if you do it for yourself, if I'm catching you at a pretty early age, think about that. I mean 40 years isn't that long when it comes down to the overall contribution of just 300. The more you contribute, obviously the quicker that you will get there. But I just wanted something that was pretty realistic.

Now a question you might have is okay. Well, where can I start investing I Personally use a Weeble account. You can open up a free Weeble account. So it's free to open up one of these investment accounts and you can sign up for it I have my link.

it's the fifth Link in the description down below. You don't have to use my link, but if you do, uh and you deposit at least one dollar, you should be depositing 300 right? According to this goal. But even if you just deposit one dollar, they will give you up to 12 free shares if you use my link. And again, that's that fifth link down below.

I Wanted to give you an example of an index or an ETF right that follows an index. This is the Spy. A lot of you guys might have heard of it. It's an ETF that follows the S P 500 I Wanted to show you that even in the past 10 years, right? Some people might be like, well, rookie, You know, 10 a year on average average.

You know it seems pretty unrealistic, right? Um, did you know that something like the S Uh, the Spy or S P 500 ETF beats 95 of other funds out there when it comes down to growth over a period of time. And I wanted to show you this, right? This is my little trendline tool I Wanted to go back to 2013. So 2013 We can catch this right on over here, right? January 2013. And then to go into where it is that we are now.

This is even after the pullback. right? 233. Do you see this little thing? 233 226 is what it's grown in the past 10 years. So think about that.

On average, that's after the pullback. On average, that is a 20 return yearly in the past 10 years. This is with Spy, so this isn't something that is, you know, unattainable with that goal of 10. If you can afford 300 and realistically afford it where it doesn't really make a difference, then why would you not put this into effect? If not for yourself, then maybe for your future kids, right? Spy is just an example.

There's Vanguard funds. There's NASDAQ ETFs you can try to self-manage but the example I wanted to give you was if you had no experience historically, what's the best thing to invest in. and in my opinion and based off of the track record as S P 500 ETF right? It outperforms 95 of the market. Um, and it's just.

it's consistent, so there's no reason to over complicate it, right? Especially if you have no intention to dedicate a lot of time into learning more about this. I mean I would still encourage you? Just be sure, speak to an investment advisor, Ask them what they think about investing into an index fund like Spy over a period of time, and I can reassure you that most of them will agree that it tends to outperform most of the market and it's very reliable. Now, the thing that I the reason I want I think that it's perfect timing right now is NASDAQ Market S P 500. Majority of the markets have recently pulled on back right because of what's going on.

With inflation being high, markets have pulled on back You can buy these companies at a huge discount if you look at spy based off of previous highs and where we're at right now, it's dropped 13 and think about that, one's the best. When have you ever heard is the best time to invest? The best time to invest is during recessions or during down markets. So if you were to start now, most likely you'll return. Even in your first year or two years is probably going to be much greater than the average return for the next 40..

So think about that right. If you've never opened up an investment account, if you've never opened up a trading account, then maybe now is time right Again, If you don't do it for yourself, then maybe you'll do it for your family, right? But you have to be consistent. If you're going to do anything in life, you just focus on one thing and that's been consistent with it. So 300 for the next 40 years, Thirty six hundred dollars a year is your contribution.

144 000 is your total contribution for the next 40 years and then you end up with a 1.5 million dollar investment account. And again, as time goes on, obviously you're going to most likely want to contribute more money, so this 1.5 nearly 1.6 can end up being. You know if you can afford double or as time goes on, you really like the return that you're experiencing. Who knows what it could lead to, right? Maybe 2 million, Maybe 2.5 Maybe for some of you 10 million and think about that, it's It's a simple step that you take today that can lead to a much brighter tomorrow.

But if you put nothing into a fact that nothing will ever happen and yet it's super simple to open up an investment account literally fifth. Link In the description, you open it up you can. It has a sign up bonus. Right now, markets are down right now.

What better time I mean I I Ca I Could not come up with an excuse on why not to do it if you can't afford it right? Especially if you have an intention of having a family, right? Or if you're if I'm catching you at a very early age and this is literally again, this is not the only way you're going to make a million dollars. this is just the guaranteed way, right? So if you're if I want to be a millionaire, no, this is how you're going to become a millionaire I Think that's the really cool part about it. So I hope that at least inspires some of you guys. Uh, to open up an investment account to not over complicated and just to start investing right? It's It's not an ego contest about how much I'm investing with versus how much you're investing with how much money your friends or family might have versus you remember you're in it for the long haul and this is just so you can guarantee that you will become a millionaire in the next 40 years.

So I appreciate your time I Hope that earned your thumbs up. Let me know in the comment section what you guys think about this: Uh, if you have any questions whatsoever from the reminder I Do respond to all of my direct message via Discord or via Instagram and that's that first or third link in the description down below. Also, I Do Trade Live Every day. For those that want to take trading a little bit more seriously, that's aside from just investing.

this is trading and this is something that I do every day. If you want to be able to watch me trade live every morning and you want to learn a little bit more about our LBP team, then again, that's that second link down below. It's literally the only service that I offer and it's to be able to watch me trade live every every single day. So you see my green days, you see my red days, but most importantly, you hear my thought process and again the Weeble trading application.

If you want to open up a free account within the US and get up to 12 free shares, that's that fifth Link in the description below. Like always, let's make sure that we end the year on our green up. Take it easy team!.