How to become a millionaire by investing in the S&P500

Kinda sucks that you'll be old. And 1 million can't buy much nowadays. I wanna be Jeffery Epstein wealthy where you rub elbows with president's and have your own private island with illegal activities kind of money.

I have a 3 fund portfolio consisting of 33% S&P, 33% Total stock, and 33% international. I feel a need to focus on complete growth so I went 100% stocks, but does the SP500 and TSM overlap too much to make sense holding both? However I’ve been in the red for a month now. I work hard for my money, so investing is making me a nervous sad wreck. I don’t know if I should sell everything, sit and just wait but watching my portfolio of $450k dwindle away is such an eye -sore.

Unless inflation adjusted, meaningless numbers

Can someone explain to me how it works? I just put $200 in it.

what about a more intriguing but more honest and considerable one for any one investing in listed securities on exchanges , solve for time it takes to RECOVER Consciously from a 15 % drop in your portfolio on any given day !

Investments compound over time

Pretty easy. Just buy when SPY is low and sell when it's high.

And be sure to cherry pick the best years like in this video

Whos to say the return is guaranteed

I guess the only thing I'd add is to try to find a S&P500 fund that has lower fees than SPY. Vanguard's VOO is a good starting point.

If you don't believe me, stick with SPY. The important thing is to begin investing ASAP. Fees are a veeeeeeery distant priority compared to that.

If you find 30 chances to double your investment starting with a penny you’ll have a million dollars as fast as you can find those 30 doubles. Might be a lot faster than you think. The key is watching cash flow growth in a company. It needs to be very high growth. Putting it in the S&P500 to earn 7.45% is a waste of time because that estimate is an average over 3 year periods not every single year. I can tell you for a fact the S&P500 did not grow in 2022 at 7.45% nor in 2015, or 2018.

it returns closer to 5% not 7%

Yes but if you wait until or only buy in when markets are down your gains will be much much more

how much money I need to invest if I only have 10 years?

Retirement timing and choice determines a lot in one's life. Investing before retirement comes, is another. My parents spent same number of years working full time jobs, but my mom was investing through a financial manager while my dad by himself. My mom retired with over $6.5 million, whereas my dad retired with little above to $500k. It is your choice on how you invest. As for me I invest with my financial manager Robin Brezik , and I have never regretted it, as my portfolio keeps increasing.

>>Great video! I really do have a question. For someone with less than $10,000 to invest, how would you recommend we enter the crypto market? I am looking at studying some traders and copying their strategy rather than investing myself and losing money emotionally. What’s your take on this approach?

What if I put 500k and wanna get the profits every month?

Am I allowed to do that?

Isn’t treasury bills better than S&P500?

nope. just a scam to hand over your cash to some stranger. only way to be rich is to save and keep saving pass the wealth down to your bloodline of male children with instructions to keep adding to the stash. it might not be you that reaches million maybe few down the family tree.

it's called XRP, XDC, QNT and XLM
You're welcome

whats the point if your on a crap wage an middle age lol

I will be generating wealth for my children basically. No problem

It works only if you are already a millionaire, good luck 😅

Should I reinvest in dividends automatically?

The stock & cryptocurrency market is and has always been the best place to make substantial income, I still find myself pumping more funds in buying more shares and assets and trading aggressively. With the guidance and assistance of John Desmond Heppolette, I still make huge profits from all investments. Away from the distractions around..

It’s not about what you’re able to buy with 1M, it’s the peace of mind knowing you don’t have to stress about not being able to pay bills, as long as you’re living within your means. Even if you just have $300K, you can tell your boss to f himself since you don’t NEED that next paycheck to survive.

Long ass time

with portfolio diversification it doesn't take that long

🔥🔥🔥

1 pay card =check, but employment. So 30,000 pay cards and the starting salary is $15 an hour. 30,000 × $15 an hour = $450,000 an hour. $450,000 × 8 hours = $ 3,600,000. $ 3,600,000 × 5 days = $18,000,000. $18,000,000 × 4 weeks = $72,000,000. $72,000,000 × 12 months = $ 864,000,000 and this is minimum wage. Now the question is how would I be able to do all 30,000 jobs at a push of a button so this could happen?

People will pay $14 for a pack of cigarettes, $600 for a car payment but complain about the cost to invest

People should realize there's Internet out there and you could literally expose yourself to anything you want to. If you want to be a millionaire and extremely knowledgeable in the world of crypto, first you have to realize you're stupid and everyone around you knows much more. Then you have to research, put in some few hours of researching about crypto and watching videos. Then listen to good crypto traders, interviews and expand your knowledge to other financial markets.

hey

10%***

PLEASE TEACH US THE TYPES AND HOW MANY CATEGORIES OF SP500

1 million dollars 28 - 40 years later won’t even be much money, have 1 million isn’t much money in todays times really

I'm so excited I started cryptocurrencies back then because it was a game changer for me and was my best decision so far all thanks to the cryptocurrency world

warren buffet advices the investor to buy the s&p 500,i feel its b.s, seriously who has 58 years adding to their current age, to become a millionaire. I'd be one by the age of 84.

So, you know there’s something called inflation, right?

I’m favored,$230k every 4 weeks from stocks! I can now afford anything and also support God’s work and the Church!!!

Pro tip for the retail investors try to buy leap options instead of shares on the good 2 year periods

Doesn’t include dividends reinvested..

Also important to calculate fees, for example VOO is the third of the expense ratio of SPY.

sounds like a plan

Which s&p 500 is this

So 1k a month x 28 years will make me 1m..

currently investing 8k a month

Forget groceries now, just invest in future retirement, live below your means now Means skipping a few meals and living in hut thanks to Dr fucci for covid 19 and the Bush family who caused 9/11

Duable

Ohh man after watching this im losing hope, 😭

Im already a millionaire. I need to know how to become a decamillionaire.

Now at an age of 16 and make 200 a week let’s say I put 150 of my earnings into it every paycheck will I be a millionaire at what age?