A few days ago I published a podcast titled how to invest $1,000, or I gave my opinions on where you should put $1,000 to make it grow. This post is going to be a follow-up, giving you all the ways I would advise you to invest $1,000 in a list format. Before we get […]
I’ve created an animated YouTube Video (above), and full-length podcast on this topic. It took only 7 trading days for the Dow Jones Industrial Average to go from 25000 to 26000 points. This broke the record for fastest 1000 Point gain in the indexes 121 year history. Many investors are exuberant about this change, calling […]
Many people look at retirement, especially teens as some big, unreachable goal. Because it’s 40-50 years away, many don’t stop to consider it. They are only awoken when they enter the workforce (age 25-30ish) and an employer offers a Roth IRA, where they stop and think, “Hmm, maybe I should start to save for this”. […]
An E-Commerce business could be a great option if you are thinking of starting up a venture, but want low startup costs, flexibility, and speed. And, despite what you’ve read about it, starting the company up is fairly quick and easy. If you’re a young adult, creating this type of business (or any type of […]
7 REAL Things That You Can Do To Become A Millionaire By 25, from the Millionaire by 25 YouTube channel. This video compliments the post, 7 Real Steps To Become A Millionaire By 25.
Many teens and young adults struggle when it comes to creating a business because either their age or expertise limits them. Here are a few business ideas, that anyone can create, and advice in how to get started.
Why you need to create a life plan, from the Millionaire by 25 YouTube channel. This video compliments the post, Why You Need A Life Plan.
A couple of days ago, I heard one of the strangest ideas ever. I was talking with an old friend about business, and he said that he wanted to go and spend $5,000 on lottery tickets, and hopes to win big. He rationalized this by saying that it was for business investment, and “the stock […]
A common misconception that many have is that you need a credit card in today’s world. However, this could not be further from the truth. My personal opinion on credit cards is that you should never, ever use them. Will many things that they wouldn’t be able to survive without it, in fact, they would be […]
“What steps should I take right now to prepare myself to be financially successful, or how do I start now if possible?” That’s one of the most common questions I hear from teens in the range of 13-18 – the period before college. You may have asked a parent or mentor this previously, only to receive the […]