And through investing, you could not just only save and help your loved ones, you can also spare some to travel just like how I did in my twenties. Although I started from scratch, I consider myself lucky because I was able to start investing early (almost a decade now) due to simple curiosity and this is the reason why I am inspired to share it with my family, friends or anyone who would like to do the same -- achieve financial freedom. And if you're thinking it might be too early or too late to start now? Let me quote one of favorite excerpts by Hugh Laurie,
I wanna impart something today in the hope that you and your family are secured before or during your sunset years. That is with enough savings, diversified investments, insured and no regrets.
EXAMPLE:
If you simply SAVE 1 million pesos, you need to set aside 138.89 per day (or 4,166.70 per month or 50,000 per year) in 20 years to reach this goal:
Saving 1 Million Breakdown
But if you INVEST the same amount, you can become a millionaire in just 11 years, or less if you invest more per year. This computation is based on the historical market performance which has an average rate of return of 8% per annum and, of course, the power of compounding interest.Investing 1 million Breakdown
In SUMMARY, save 138.89 per day for 20 years, you'll have 1,000,000. But invest the same for 20 years, you'll have 2,722,837.76. That's almost 200% more gain when investing rather than just simply saving! Plus there is a way for you to be insured while doing so. If you are investing now, that's good. If you know someone you're more comfortable with talking about investments, even better. But if you are curious about it and do not know who to talk to or simply want to diversify your investments, sign up HERE.
What are you waiting for? Don't simply work for money, it is time to let your money work for you.
For more information about your road to financial security and independence, message at investnowworrynever@gmail.com.
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