Which is five dollars a day invested into the stock market. You could be very wealthy and even a millionaire. And today I'm going to show you how what's up everybody my name is Walter This is the credit card Master Channel Make sure you subscribe if you find this video helpful. Hit the notification Bell for any other videos Now guys like I said this is going to make you a very wealthy person and even a millionaire.

This is not. Financial Advice but for the past however many years I can even think of. This investment does on average a 10 return every year which is great. It has changed people's lives.

I Personally didn't come from a wealthy family I don't know about you but it's really up to us to make that a reality. Now what we're going to talk about today is the Vanguard 500 Index Fund and that is V O o when you're going on to your brokerage accounts to try to figure it out and I'll show you which brokerage account to use and all that good stuff today. So it's Voo and that tracks the top 500 companies in the world. So you have your apples Amazons your Microsoft your Google all of those are under that one.

ETF Which is an exchange trade-up fund. You're investing into multiple companies at once. That's the beauty. So what is Voo? Let's see what it looks like.

How much does it cost? Let's go to the computer. So right now Voo is trading for. Uh, you can see it's changing. Live 419 420 per share.

now again I said five dollars a day, right? And Save 420. You don't have to invest four hundred and twenty dollars a day. It can only be as little as five dollars a day. And I'm going to show you the app right now to invest.

It On and On average this ETF gives you a 10 return on your money every year. on average. all the years it's higher and we are going to do this together. I Do have my other investment accounts with my employer and we're going to check back in six months a year.

We're gonna do this together. Five dollars a day at the minimum. It's easy. we can cut back on coffee food.

We can go ahead and get a side hustle. Uber Eats Doordash. Five dollars a day. That's like one delivery.

more than like, likely on doordash and Ubereats. Probably even. It'd probably be 10 bucks for one order, so it's really up to you. It is definitely possible when you break it down.

All right guys. So we're going to be using Robinhood to do fractional shares because we're only going to put five dollars in here today. So they click the link down below and you sign up for your account. Robinhood is going to give you five to two hundred dollars worth of stock when you sign up for free just for signing up.

If you click the link down below and you'll be able to take that stock that you get, you can sell it and then we're going to go into Vll. So we're gonna go here on Robinhood and we're going to type in. Voo, that's what you're going to type in when you get your account set up and everything. As you can see: I don't have really many shares.

My market value is only got 134 bucks in here right now because I've been doing it just a couple days before I Got the video out and you're just going to click trade and then you'll click buy and you'll do five dollars a day over time. I'm going to show you guys what this looks like and the best part about this is you can set up a reoccurring investment so you don't have to go in here every day to do it. Once you buy it, you'll see this little thing right here. I have a recurring investment every day of five dollars every day.

Okay, so that's Robin Hood Again, click the link down below to get that free share. Let's go ahead on over to the computer again and now what I'm going to do is I'm going to go ahead to the compound interest calculator because I want to show you guys the math of what I am talking about. So let's go ahead and get this started. So again, the initial Investments five bucks.

It's very easy and we're going to do a monthly contribution of at least 150, which is five dollars a day on a 30 month. You know the month is 30 days and we're going to start with 20 years. All right, and we're going to put 10 here Because like I said, the Voo which tracks the S P 500 typically does 10 every year on average or sometimes it could be more. We're going to do 10 just to kind of give you that number.

That's like a safe number. That's what you'll be expected to see based off of the last 30 plus years. Okay, and then we're going to do annually and when you click calculate you'll see in 20 years that you'll have a hundred and three thousand dollars and just invest of five dollars a day if you easily just took that number and went up to 30 years. If you have 30 years to invest, you'll see that.

Sure, money now goes to almost three hundred thousand dollars 296 000. Now if you take that and you got 40 years, let's say you're in your early 20s mid-20s You have 40 years until you're retired. That will be 796 thousand dollars. And as you can see, a lot of this is the interest I mean the interest.

Just just you know, it's the interest that you get. It's your return on investment. It's that 10 that's really boosting you and giving you that compound interest which is amazing. Now guys I Know some of you guys don't like the time frame.

40 years is just too long. Regardless, if it's because you don't have that much time or because you want to, you want to enjoy your money faster. You want to get to that that bad quicker. I Get you? I'd say we go from 150 to 300 a month, right? For 20 years, that number gets doubled from 106.

it goes to 206.. Okay, 206 000 And then we go to the 30-year time frame and we're going to go down here. It's going to be 592 dollars. Now if you do 300 a month, which is only ten dollars per day for 40 years, check this out.

1.5 1. almost 1.6 million dollars for investing ten dollars a day into Voo. Now I'm gonna go back to the Robin Hood screen right now because one thing. I didn't tell you before that I'm going to tell you now.

It's important to have Drip On Which stands for a dividend Reinvestment plan. So when you're going to click on the little person button to click those three lines, you're going to go to Investing. When you click on investing, you're going to scroll down and you're going to see something that says edit Dividend Reinvestment that's drip and you want to make sure that is on. This all could be done from our cell phone guys.

So Five dollars a day. Ten dollars a day If you want to see your money faster, go 15 a day, Go 20 a day. So again, I'm going to check back in six months. Guys, let me know if this video was helpful.

Did it make it simple? You don't have to know a thousand stocks to become wealthy. You don't have to be on. Wall Street You can do one ETF Voo 10 Return on average. Get your money become wealthy, Pass it down.

Teach this to your parents. Teach this to your family, your friends, your kids, your relatives. whoever share this video. This is how the wealthy become wealthy.

The easy way. This is easy to do. You don't have to have millions of dollars up front to do this. I'll talk to you soon.

Be safe.