Because I hate clickbait titles: Invest $1 and over 30 years, your $1 will be worth $10 in today’s money. That’s adjusted for inflation, so that money will have the same buying power in the future as it does right now. This isn’t a get rich quick scheme, it’s just about the importance of investing as much as you can, as early as you can, for as long as you can. Think of every purchase in its future value - that $5 coffee is worth $50 in future money. That $80 dinner is worth $800 in future money. When you think of things this way, you begin to question if certain purchases are really worth it to you right now, and helps you focus your money on the things that will really bring you the most enjoyment vs a large payout in the future.
I don't recommend trying to time the market, either - you know, waiting around for the market to crash - or not buying because "the market is at an all time high." Or trying to sell at the top. I mean, dude, the market is always at an all time high throughout history. Just invest consistently over a long period of time and you’ll be fine.
Compounded interest is an amazing concept. But it's takes discipline and consistency. People want an easy quick fix. This is neither. It takes discipline not to spend your money for 30+ years. It also takes time to see your returns add up. But over time, the returns are massive.
Now I know some of you will say YOLO, you're only young once, live today you can die tomorrow - true. There is a lot of benefit in living your life now and not being some 70 year old with trillions of dollars because you didn't spend anything, yet don't have the capacity to enjoy it anymore because of illness or because you're just 70 years old. Just don't be stupid about it and spend all your money on things that don't add real, lasting value and happiness to your life.
And because people want an answer to what I specifically do, here it is: I invest everything in VFIAX. Every year. I automatically reinvest the dividends. Then I use the majority of my money to invest in real estate. Rinse. Repeat. Cash flow. Make YouTube videos. Bam.
Snapchat: GPStephan
Instagram: GPStephan
Suggested reading:
Audible Free Trial: http://amzn.to/2mOi6WZ
Your money or your life: https://goo.gl/fmlaJR
The Millionaire Real Estate Agent: http://goo.gl/TPTSVC
The Millionaire Real Estate Investor: https://goo.gl/sV9xtl
How to Win Friends and Influence People: https://goo.gl/1f3Meq
Think and grow rich: https://goo.gl/SSKlyu
Awaken the giant within: https://goo.gl/niIAEI
The Book on Rental Property Investing: https://goo.gl/qtJqFq

By Stock Chat

where the coffee is hot and so is the chat

35 thoughts on “Compound interest: how to turn $1 into $10”
  1. Avataaar/Circle Created with python_avatars Mikell Vene says:

    Invest in candy or real-estate and you won't be broke save cash and invest market long long term you will havee less

  2. Avataaar/Circle Created with python_avatars Mikell Vene says:

    Sorry but terrible advise because 30 years ago one dollar was worth one dollar today that 10 dollars is worth less that one dollar was…100 pcs of penny candy = 1.00 today 100 pcs of candy will cost at least 15-20 dollars..house then in New York 50k same house today 650k so 30 years later your 10.00 is only worth 0.63 cents No Thanks!

  3. Avataaar/Circle Created with python_avatars swagdrew says:

    Old school Grahm

  4. Avataaar/Circle Created with python_avatars Kacee Hoffer says:

    May 31, 2023 S&P500: $4187.42

  5. Avataaar/Circle Created with python_avatars Rodger Park says:

    I wish you told me to invest in Bitcoin back then

  6. Avataaar/Circle Created with python_avatars Mzerothreezerotwozero says:

    Rare Graham Stephan origin video!

  7. Avataaar/Circle Created with python_avatars Franklyn Rodriguez says:

    Yeah until you find out that a cup of coffee is $50 in the future. 😅

  8. Avataaar/Circle Created with python_avatars Firl Examples says:

    No my guy I'm watching it five years from then 🤣 just to keep my brain fresh

  9. Avataaar/Circle Created with python_avatars Soy Boy Personal Finance says:

    Graham 🙂👍

  10. Avataaar/Circle Created with python_avatars Boborox says:

    Yeah I’m watching in 2022, s&p 500 is at $3935 💀

  11. Avataaar/Circle Created with python_avatars Alexander Sam says:

    You were way better here when you were talking slower. Now you are too fast and stressful

  12. Avataaar/Circle Created with python_avatars La Music says:

    2022 s&p $4,297.14 stop waiting!!! WOW

  13. Avataaar/Circle Created with python_avatars CJSINS says:

    LOL watching this in 2022 and Graham talking not knowing when the stock market crashing.

  14. Avataaar/Circle Created with python_avatars Hola! mary marie says:

    Out of curiosity went back to old videos, am amazed!

  15. Avataaar/Circle Created with python_avatars Juan Duran says:

    Wow, Graham used to say bad words? lol

  16. Avataaar/Circle Created with python_avatars NemanjaGamer Balkan says:

    bro predicted 2022 market bubble

  17. Avataaar/Circle Created with python_avatars Nemo says:

    I wish he swore this much in videos still

  18. Avataaar/Circle Created with python_avatars Devon Jackson says:

    we love you bro

  19. Avataaar/Circle Created with python_avatars _Hebrew305_ says:

    I wanna make some money

  20. Avataaar/Circle Created with python_avatars C. R. says:

    How is it tax free

  21. Avataaar/Circle Created with python_avatars Runa Runa says:

    Thing is, inflation will be a big problem if I have my money freezed 30years from now.

  22. Avataaar/Circle Created with python_avatars BharatRising108 says:

    Please watch Buffet or Lynch, some Moron’s just get lucky ! His videos are at best mediocre, it’s will not too long before he is replaced by someone more experienced and dynamic ! How do I unfollow this junk ?

  23. Avataaar/Circle Created with python_avatars PHRZN Foreign says:

    Watching this at 23 wishing I put more time in at 18 toward this idea of balancing instant gratification and investing in the long run. I’m glad that I’m not in my early 30’s making this realization though. Graham, thank you for this. You are and others like you, are helping more then I think you will ever know!

  24. Avataaar/Circle Created with python_avatars Eric Dahl says:

    Graham, this is BY FAR the best video you've ever done. Not exciting, not sexy, just a factual explanation of how to utilize the most powerful way to grow your wealth. BRAVO!

  25. Avataaar/Circle Created with python_avatars BENJIMEN says:

    4K as of 2021

  26. Avataaar/Circle Created with python_avatars Alex Reid says:

    “I’m not gonna go tell you guys to invest in Bitcoin” 😂🤦‍♂️

  27. Avataaar/Circle Created with python_avatars Hola! QuantumAITrader says:

    You literally called Bitcoin a stupid investment at .045 seconds WOW

  28. Avataaar/Circle Created with python_avatars Bertie Badham says:

    “I’m not going to tell you to buy Bitcoin or any of that rubbish” – should have done 😂😂

  29. Avataaar/Circle Created with python_avatars Vypex says:

    do you need to sell and reinvest to et dividends?

  30. Avataaar/Circle Created with python_avatars Conducting in Tomfoolery says:

    If you brought in the 1940s you have a high likely your dead

  31. Avataaar/Circle Created with python_avatars RinoSan says:

    I miss non advertiser friendly Graham

  32. Avataaar/Circle Created with python_avatars chrishewittpiano says:

    "I daydreamed about it every night."

    Swearing Graham is a great Graham 🙂 hahaha.

  33. Avataaar/Circle Created with python_avatars Daniel_BDB says:

    Omg im so happy this video came up for me. Graham looks so much younger here lol. And uncensored

  34. Avataaar/Circle Created with python_avatars Andrew Mcsperitt says:

    Ive watched him as often as i can but to hear him say the f bomb as much as he did sure suprised me.

  35. Avataaar/Circle Created with python_avatars Ligma Balls says:

    Yo I had to rewind a couple times when he swore cause I just couldn’t believe it

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