Why Most People Don’t Invest (And Why They’re Wrong!)
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Why most people don't invest and what they are wrong.

Brand, I am so excited to talk about this because I feel like so many people fall into this trap. There's something that happens. There's something that scares them, that causes them not to invest. But you know, it's not scary. Subscribing to the money GUI show right now makes you subscribe to our channel so that you can keep up with all of the information we're putting out there for you.

I often think it's interesting is the human condition, fear, greed play just amazing roles in our lives.

productive and on production.

And I think back, you know, in the past, fear was obviously probably a very powerful thing to keep us away from danger. I mean, you know, we literally have this fighter flight. So fear was probably, when you know your hair stands up and you realize all your senses need to be energized, your heart gets pumping, that worked out well.

And fear, can you even help you now? And in our modern society, emergency reserves can, you know, want to make sure you have money, you don't make those desperate decisions and also, you know, keeps you from going too crazy into the debt if you if you have a healthy relationship with understanding the risk that are involved with IT. But but fear is keep a lot of people from actually really powerful and good things as well, like investing.

Or I can make a make really bad investing decision, like when the markets freak out and there is a lot of volatility, fear, can to sell everything and want to go to cash or can make you decide OK. Well, I don't have enough. So either i'm never gonna say because i'll never have enough or i'm gona be amazed and i'm never gonna spin because i'll never have a mouth. The fear that can also cause you to make very sub optimal financial decisions.

And then i've mentioned this before, but I think it's worth repeating, is that I think that when you understand the concept of fear, risk and olio, things that can lead to make some unique decisions, this is what feels very safe in the short term, can actually be very risky in the long term. And if you flip that upside down, the things that, if you think about what in the short term, can feel like the scariest or worst decision might actually be the most beneficial for you. So we want to, a pill, open the curtains and really help people understand how do you navigate this whole fear of investing?

Yeah, we're going to walk through five reasons why people aren't investing, but why you should hear them, understand them, and you should behave differently. Let's jup write in the very first one brand. What are the reasons that people say they don't invest? They say, i'm scared i'll lose all my money when he comes to investing. IT just feels like gamble. Well, I mean.

even worse that there's a stat out there that says that fifty five percent of americans think investing as as risky as gamble. And I want to break small heart because gambling is literally counting on look to be to to create an opportunity for you. Investing is something so far from that once you understand. And that's why we're here to give you educate you, give you the content so you can actually put this in the right context so you don't miss out on this great opportunity.

Yeah gambling, pure chance investing very different. You actually buying ownership of something. When you buy a stock, you are buying a small fractional share of ownership.

E N A P aci c company is so you go by a share of apple stock. You are now an owner of apple as a co Operation. What when you go to buy an index, find you're buying a basket of goods, a basket of companies, a basket of stocks.

So you're actually owning a lot of different things. You're not trying to gamble. And guess, is this gonna be good or this can be bad? You're saying I am buying a portion of this company. I'm going to participate in the future growth of this company or companies that .

are buying just something powerful because you came, by the way, speculate even with the stock. sure. You can go pick one stock, you get the farm on IT and hope that IT turns out maybe you get rich, but there's also a chance that IT just doesn't work.

That's speculating because you're you're basically gambling on one thing. We're talking about something much more baLance where instead of trying to beat the market, you just are the market. That's why I love index investing, but I want to to go a step further bow. Is that because I want to lean into why this is not gambling. And when you're in doubt, I wanted you to remember you can always zoom out, look at what the history of investing is looked like yeah.

we think about stock market or stock market returns and you think about IT on a day to day basis. That does seem kind of crazy. It's well, very vulto.

If you look at this, this is the S. N. P. Five funder for those of you out task in the podcast on september sixteenth of two thousand twenty four. And if you're looking at this, you can see that IT was up for some of the day and down for some of the day and up and down and up and down, and one day IT looks kinda antic. But then if you zoom out, you look at one month, one out, there's a little bit less volatility on the one month from August sixteenth s until september n sixteen th of twenty twenty four S P five hundred actually made about one and a half percent. You do me even further to one year.

even less volatile. Well, I think it's interesting even on this one year. Now we are unique.

We're looking at the 14。 I ll see the cause every year, typically has about a fourteen percent every year, volatility swing from the houses and lows of the year. This year was pretty relatively as a good year to be an investor.

But I want people to know volatility still happens even in zoom out. That's still not long term. So to talk about something that's more long term, like what happens when you're investor for ten years.

yeah that volatility returns. You do see that up and down. But if you look at the ten year period for some table of twenty all the way through sept.

Of twenty twenty four, the S M P. Five hundred made one hundred and eighty two percent in terms of total return. Now, yes, there was volatility, there were ups and downs. But ultimately, IT was moving in the positive direction.

And this is something that I love repeating, especially in ever. We are in these of val periods. If you look at this graph of the ten years of the this is literally when I give you the visual of you are walking up a amount with the U.

U. Yes, the market is going up and down. But even with the volatility of the up and downs of that yoo you're going to hire and higher ground, that's what you see with investing. And that's just ten years. What happens when you go to twenty years?

Yeah, it's pretty wild when you think about one time occurrences. Es aren't necessarily what happened in the stock market. The stock market is pretty consistent through time, even in different economic cycles, even in different market environments. And there was a great illustration put together by bin carls, and that shows looking back from two thousand and four all the way until two thousand twenty four, if you were to start investing in those years, what annualized return would you have received? And you can see if you're looking at the visual that buy a large most of the time, the returns are positive. If you could give yourself at least five or six years investing, there was not a period in time over that twenty year period that you would have not made money, that you would have had a negative rate of return. So if you can invest and you can give yourself time for your money to work, this becomes a lot less like gambling and looks a lot more like a short thing over the long term.

Yeah, that's why it's so interesting is gambling. We all know the house winds. I mean, you go and you see huge mega structures that you know are paid for off of the losses because the house has the edge.

It's the exact opposite when we're talking about investing. If you appropriately do this, you actually have the edge because something unique about humans. This is that we like to innovate, we like to expand, we'd like to develop. And that's that we often talk about the law excell rating returns you can own that you can actually be a part of that generation of additional wealth. You when people were scared about artificial intelligence, just like they were scared of the internet, just like they were scared of personal computer, or all these things LED to tremendous opportunity that you can be a part of, if you just.

so what can you do? Obviously recognize that fear is a real thing. And we with IT. So number one, we need to educate ourselves, understand how the markets work, understand what is true about the market, and then we can use strategies to help mitigate that risk, to adjust IT, to make sure the risk that we are taking on appropriately matches our rist tolerance as well as our rise capacity. And look, yes.

investing is going to have a volatile b. That's why you got to talk about those things you can control. I'm talking about the of the appropriate cash reserves.

Um do you have the right asset allocation? Yes, when you're in your chinese, you can be super aggressive what open. But by the time you get in to your fifties and sixties, you're going to be darling that down. So you're not running up the score board after you've already won the game. Understand where you are in this journey and make sure you're balancing the risk or reward the fear, the greed, and you'll be in a much Better place.

So to talk about another reason why, a second reason why a lot of people avoid investing and they generally go something like this, the market is about to crack. Should IT I wait right now? We are the point where the markets in new all time high.

And so we're hearing this over, over. Markets gona crash, markets gona crash and going to wait for the downturn, wait for the downturn, wait for the downturn. I don't know that, that would be the most print strategy when .

IT comes to invest. Well, here, here's the problem. I I hear you, you know, whenever you get in this all time hot periods, like, man, what came? Trees don't grow to heaven.

So I just wait until this thing crashes. I even heard burn in a previous signal. You just said inter year up and downs or fourteen percent.

Why don't I just wait for that? The problem is we don't know when they going to be in most and nobody knows. I mean, just like I we had a chart that showed twenty twenty three from september twenty three to september twenty twenty four.

Pretty smooth, ell. Yeah not a lot of volatility. Would you been OK if you waited a year? And that's the problem you run into is because when you historically look at how often markets are up verses they're down, you might be waiting a while.

So we even thought, let's do this, the money out away. Let's actually create a case study where we said, let's take three people and but walk them through this case study where we have the best of the best, worse, the worst. And then my favorite is a person to just kept driving through IT. No matter what's going on in the world.

trying to time the market is never going to work out perfectly before the side of purposes. Let's look at three different investors. Let's look at unlucky. Alga is going to time the market. And unfortunately, he is going to invest at the absolute worst time.

So she's gonna st right before giant market downturns and they're onna compare that to have build the best to actually times the market and gets IT absolutely perfect every time he put his money to work in, in a market bottom. And they are, we gonna look at our third counterpart, D C. A.

Dian, who just can invest the exact same amount every months. So we have the worst market timer ever, the best market time ever. And then just the consist and investor, we're going to assume that they're all investing from nineteen and eighty until twenty twenty two.

So this is a forty two year period, an entire work in career. We're going assume that all three of them make the average income in one thousand hundred and eighty, which was twelve thousand, five hundred and thirteen dollars, and they're all financial mounts that save twenty five percent. So they going to save two hundred and sixty dollars and seventy cents a month.

For unlucky, all the SHE is going to stack IT in cash until he puts her money to work at the worst possible time. For probably the best, he's going to stack his money in cash until he puts IT to work at the absolute best timing. But D, C, A, I N going put her money to work every single months.

S are going to investing the exact number of 点 we're also going to do the all investing exact same thing。 The S M P five hundred. They're not gonna pick stocks or not going to try to shift allocations, are just going to buy the broad index.

So let's see how this plays out. Unlucky always is going to save up for money and she's going to invest the market peaks. That means there are a few different times that SHE invests, August of one thousand nine hundred and eighty, july of nineteen ninety, september of two thousand, october of two thousand and seven. And then again in jane, of worst timing ever.

IT is kind of amazing. The White looking at the visual is for all of my podcasting sters who can see this, is that even though this is the worst investor, meaning SHE saved up her cash just when he went into the waters, the markets just got crushed right before. SHE still looks pretty good. I mean, I don't know we're going going to see in a minute where the numbers actually came out, but visually, she's ended up making a decent chunk money, which is so you even be bad and still be a winner.

Remember, he's going to stack his cash. He's to invest at the market bottom. So rather than doing what org does, he advised in october of eighty seven, in october of one hundred and ninety, in october of two thousand two, march of two thousand nine and in march of twenty twenty.

So he makes for the bottom and put his money to work. So then the third, the last is D C A I N. And she's just can invest her two hundred and seven dollars every single month into the S M P. Five hundred. Not think about IT that time I just let her money work for .

what interesting. I'm ready to see the results, but I do think it's interesting that essentially billies Billy the best, which makes me think a craddy kid every time I want. I think where this is literally bith having the sports, all I knew exactly when to save up all his cash and then put IT in the market to maximum opportunity.

that's got to be the best in air. And of course, you would think Billy has to be the best one, right? So let's see who came out ahead.

All of them invest the exact same thing they all put to work one hundred thirty two thousand four hundred thirty six dollars. And you already eluted this all they did pretty good. In twenty twenty two, SHE did up over one point one million dollars.

That's amazing. That's an incredible sum of money to have accumulated over entire work in career. Billy, as you guess, did do a little bit Better. Rather one point one, he ended up with almost one point eight million dollars by perfectly timing the market. But man IT took some skill and it's something .

nice .

and a deloris at the sports all. But when you look at D, C, A, dian, all he did was put her money to work. Single mother of a consistent basis. SHE actually ended up with almost two point one million dollars just showing up, and participating in the market was Better than timing IT perfectly over forty two years. This is what people often asked me.

They find out what we do for a living, and they say, and what you think the mark do? And and I always hesitate. I don't like giving an answer that because I don't we don't know. I mean, we read the tea leaves just like everybody else, but always make sure I ended by saying, but here's the thing i'll tell you next month i'm going to be buying.

I'm always going to be buying because I know the numbers and i've seen this is even if I had the sports almanac, IT doesn't put you ahead because I just know that with law excelling, returns the desire of humans to continue to innovate and not the inability to predict what's going to happen. Because we live in this crazy, irrational world in the short term. But in the long term, things work you out, and I just keep doing that. So I wanna talk about but we talk about time in the market is so much more valuable than timing the market. This seems to be .

proof that absolutely a percent of what you how do you take this and apply this to your financial life? Think about dollar cost averaging with automated investments. So you don't think about IT, don't even look at the markets, don't think about IT.

You should be focused on your savings rate, thinking about how much I am are saving, how much about putting into work set IT. And i'm going to say, quote, to forget IT, but don't try to time and make sure you have your money going to work. If the markets go up, great your portfolios growth, you're making money. If the markets go down, great, you're buying in lower and lower levels. It's a win when scenario, don't let where the market is today be a deterrent from you putting .

your money to work and its worth repeating, always be buying. I mean, that's that's the thing. If I was the takeaway, don't let the news media, don't let the political cycle dissuade you from, actually just keep that A B B going, because that's where markets make money.

Eight and ten years historically, that is a pretty amazing thing. Don't just emotion proof your life, always be buying. Attack me again.

I love about the third reason why people often don't invest. They come up with an excuse like this. Now i've got planning a time.

I'll do IT later for for whatever reason there is going on today. I just came to this day, but that's OK. I'll do IT tomorrow or next week or next month. When IT comes to investing, procris is not your friend.

everybody, this is a human nature fault of our behavior is embarked don't take our word for IT doesn't just impact investing if you think about when I see that like this, forty eight percent of american adults don't have life. And sure, I mean, if you not financially independent, you have people living off of what you create. You probably want to go back in term. Life insurance is cheap as easy, but people don't do that. They proclaimed fifty four percent of american adults don't have a former will IT.

You know, these people have children, you and yeah and if you don't have a will, because is an uncountable conversation with your spouse who's to take care of the kids, how do you think it's GTA be when you're not here? So if people are sleeping on these big decisions, IT makes complete sense that a lot of people, especially when you're starting out, they go and I just can't afford to rather i'll t next year, maybe i've nate. So I felt like this is another one of those times.

But we are to do a case study to show people, or knows we are already, we have eighty eight times over. We have the cuisine. We have everything we do the world to multiply if we get a money out, flash resources. But a good case studies going to show you the importance of start early and do IT often.

If you don't believe we say all the time, the best time to start investing was yesterday. In the second best time is the day. If you don't believe us, look at these numbers. Let's assume that we have three different investors. We have alleva, Simon and the adore .

for those names is a good.

good, right? When he graduates, colleague says, you know, i'm going to start saving and i'm going to save for the first ten years and i'm to aggressive. I'm to five hundred dollars a month, every single month from age twenty eight thirty.

And then when I get to thirty, i'm gona stop saving. I'm going to do the hard work early on, and then i'm going to arrest and enjoy my self. Simon is a look of a light bloomer. r.

Simon says, you know what? I just don't have any money in my twins. I'm not going to save. I'm not going to start even at all. I get to thirty. But when I get to thirty, i'm going to say five hundred dollars a month every month and i'm going to do IT all the way like IT to sixty. So i'm going to save only on going to do the hard work of saving tomorrow.

And then theodore says, you know, I guys, i'm i'm just going to stay consistent and i'm going to do five hundred dollars a month every month, starting at eight in the way til sixty. Well, so we can already figure out the doors. Saves the most in Simon saves the second most, and alvin does not .

save the most, but gave IT the most time initially, the understood the value of compounding.

interesting their time work. So let's see how the numbers played out. Alvin invested a total of sixty thousand dollars well, because he did give at the time. His sixty thousand dollars turned into one million dollars. Sixty thousand turned into a little.

I can speak with the part of and tell people, if you start early and do IT often when you get to retirement, the the line and share of your money at retirement is not going to be your contribution, is actually going to be the compounding growth. Just had to give you enough time. As you can see here, alvin just does ten years.

ten years, ten years, surely. But rely sign turns out Better, but he is going to save from thirty all the way till sixty, where you look in his, he saved three times as miles. He says one hundred and eighty thousand dollars. But as terminal portfolio value is only seven hundred and forty five thousand, he said three times as much and ended up with three hundred thousand dollars less than now. And that's .

how important time this is. I talk to, at our worth, less Young loads. When I talk about for a twenty year old, every dollar has the potential to become A D eight dollars.

For a thirty year old, every dollar has the potential become twenty three dollars. That ten years is pretty powerful, doesn't mean don't fall a sleep, just you listen the show for the first time, thirty four, thirty five years old ago. Oh my god.

I guess I know because every dollar for a forty old is seven dollars, so you still are in the guitar is good. Good phrase evening your thorium. But you just gotten make something .

happen today about who sist and invest the whole time. Well, he saves five hundred dollars a month. And over the course of his working career, he saves a total of two hundred and forty thousand dollars, but his two hundred and forty thousand dollars saved ends up at one point seven million dollars. If you can start saving early and you can save consistently, time will do the hard work for you. But you've got to start today.

That's what I mean, what do we do? So I wanted everybody seriously, and I don't care if you have to deposit come back. I really want you to lean into this because I ask him for thirty minutes.

I won't. Everybody who's watching this to go through the exercise, they have a ratha check. Your ratha did.

Do you have one to have one set up? Have you automated the contributions, meaning every month you're putting in that contribution into your roof? R A, is your money being invested? I'll let you just sit in cash.

We did a show recently where I was shocked at how much of vanguard money on roll over assets and so far, just sitting in cash because people, in reality, is a two part transaction. You have to invest the money, I mean, have to transfer or contribute the money. You have to invest and do this part.

So make sure that roth is up. Now let's talk about your four one. There a reason when you look at the financial order of Operations, this is step two.

How many of you have the opportunity to get a fifty to one hundred percent gare rate return if you'll just participating your employer plan? We do plans where we even have won that. We put if you put in five percent, the importers go put in additional tin.

So fifteen for five mazing. And yet we'll have over thirty percent of the participants will not do IT. I don't want you to be part of that. Don't sleep on that. Figure out what your savings rates, figure out what your your empire putting in there, make sure you're maximizing us, get to IT. This is the part that, I mean, we're not asking for a lot, a little if you give us a little small decision, you really will create that great, big, beautiful tomorrow.

The best time to start was yesterday. The second best time is right now. So brand, let's talk about the fourth reason why folks are scared to invest or maybe why they don't invest.

It's because they have this mindset of this idea. I don't have enough money to invest. I'm not one of those wealthy people I didn't call from that.

Family life is too tight. Things are too tight. I just don't have any money .

to put for my self I look I to be sited to because this is what I get IT. We imposed inflationary period um post pandemic. We've had some some tough goes at IT if you're just now starting out because resources are being squeeze through Price increases and other things.

But a little goes a long way. IT really is back to that point. And and I hate IT because I grew up in a household where my parents were discipline.

They were good on living unless they made, but they just had trouble actually turning that discipline or that margin and that money that IT created into investments where the money can actually work form. So I want you to to break through. We we have A A thing that we won't show on the screen is that there's a myth that investing is only for the rich.

Yeah, it's not true at all in reality, when IT comes to investing, when IT comes to putting your money to work, IT doesn't take a ton, and I certainly doesn't take a ton just to get started. IT is false. That investing is only something for the rich, only something that wealthy people can do.

And if you all believe us, one of the most interest resting indicators, the ways that we can back the statement, is that we know that teachers are number three in careers most likely to create millionaire. Now when you think about like high paying, high salary, high earning jobs, teachers are not the ones that you often think of. You think of lawyers or doctors or specialists in those kind of fields. And yet teachers have you out and found a way that through consistent savings through time, they can actually get to me.

I think will give a lot of credit to educators in the fact that this is this is a profession you go into IT knowing you're not going to be highly paid or um and it's typically this group though is very disciplined and methodical with their behavior. And that's the whole point of this exercises to show you that it's not always how big the shovel. Yes, the big shovel helps.

The more income you make, the more important. But your behavior is a lot of this know you know you hear dave and rams z solutions, they talk about eighty percent is behavior, and I going to give them credit on that. I think that a lot of this is driven by are you actually doing the steps, are taking action to actually create positive activity and momentum in your life. And that's, well, I once again, I think a case study can really illustrate .

this even Better. IT does not take a lot look at individualists. Look at twila, who is twenty five years old and doesn't have a ton of money to save, does .

not have .

a time investing .

in the nies. Do you realize your minimum investment had to be like, if you want to do vane guard, i'm trying to reveal three hundred and five hundred dollars a month. They would not even talk to you until you could do this much a month to set up a systematic plan.

I think every one of these big providers with its fidelity swab vanguard, they're really have taken away all their minimum because the technologies is ten. So to set up twenty five dollars a month s change my life. Yes, it's even a fourth of that now. So don't sleep on this.

So she's gonna start saving twenty five dollars a month in every year. She's going to increase her monthly savings by twenty five dollars a month. So this year is twenty five a month in the next year, it's gonna fifty a month.

In the year after seventy five a month that you get to that every year of her working career, when he gets to the end of for forty year career shall be saving a thousand dollars a month at sixty five. So I do not think that this is a crazy assumption. I think this just shows that if you can just start somewhere and you can get Better through time, IT can be pretty remarkable.

Because at the end of twila ts career, when you look at what actually happened, SHE saved a total of two hundred and thirty four thousand dollars. That was her money that he put to work her contributions. And yes, her portfolio is over nine hundred thousand dollars. And SHE just started with twenty five dollars a year. And this is .

really an exercise and consistency and improving over time. If you any extra effort. If this was more like mamo moment, where IT maybe started off one hundred dollars a month, then maybe I went to two hundred, even maxing out though the raw ara before SHE crossed into her thirties.

This even hockey sticks up even higher. The big takeaway though is, and we even win conservative. We went eight percent of me to return.

There are years where you go to see that you can easily make ten percent beyond because we are coming through all those years right now. So but we didn't want this thing to get away because we want to show this work. guys.

I mean, I want you to really focus on the behaviors of what you can do today and just start somewhere. I don't care if it's twenty five dollars a month, fifty dollars a month, hundred dollars a month. Just get the pull rolling down the hill and you're going to get addicted in a good way to building your future and Better. Well.

but your financial circumstances on't change unless your mindset change. We know a ton of folks who make a hundred thousand dollars a year, three hundred thousand, five hundred thousand dollars a year to say, guys, I just I don't have any money to invest. I don't have anything left review, can't figure out how to save a little bit today.

At your current circumstance, you're likely going to have a really hard time figuring out later on how to save. So make sure you to build that behavior today, no matter where you are in your financial journey. Don't just assume that, oh, when I have more money, i'll be a good saver. No, if you're good, safer today, that will be the truth.

Indico on you, on money usually happens when you start. You got the marriage, you ve got the career, you got the the kids and and I get IT. But I want to know you'll never get that decade back.

And i'm also a very transparent. I've shared in a million emission and a lot of other shows. I didn't feel really comfortable, you know, I had good savings habits.

I had good career trajectory going on. I didn't feel comfortable with my money until my early forties, just because that messing middle was what at me. I mean, between starting a company, raising a family.

But I always really put forward that I was going to disciplined. And even though life was hard, I was going to try to take a little bit today for the future. And that's the part that I want to encourage. You don't just give yourself the easy out and say, well, I will do this seven years from now because the kids will be to do something. I don't care if it's twenty five dollars, hundred dollars, just don't take the easy way out, even is even in the messy middle, put something towards the future.

And we do this annual millions survey ask folks, what are some of your greatest financial regrets? So what do you wish you would have done differently? Not one time, as anyone ever said.

Men, I wish I would to have started invest in way back when. Man, I wish, I wish I wasn't started with one hundred dollars a month. I wish I wasn't started with twenty five dollars a month.

It's always, man, I wish I would have started earlier. I wish I would have saved a little bit more. I wish that I would have figured this out sooner.

The sooner you figured out, the more powerful IT can be over the long term. About a few reasons why people don't invest. They're scared of investing.

This last one I think is so true um and I understand that a lot of people say when he comes to invest, when IT comes to financial mark, it's Frankly, it's intimate. It's scary. It's frightening.

I don't have a degree in finance. I don't understand all the terminology. I don't know where to start.

man, welcome to are here. This is the big, I think about this very sentimental. I think about my own journey, both your journey. We both come from pretty humble beginnings.

And I think about the fact that when I got my first job in public accounting, know, but is all proud of men working in public accounting, good for you, you must be sport. And I started having income come in. I didn't know where to invest.

I didn't have IT. You know, somebody didn't do this for me, a model that for me in my life, ahead of me. So I had to figure that out.

And I always, and I looked back. And if I wouldn't got unfortunate, here's where I was fortunate. I'd discovered wealthy barber, discovered a million or next hour, and those things opened up.

And then I had this appetite to try to get more and more knowledge to figure out how money works. So I could quit working so hard with my back, my brain, my hands. That's what we're here for.

We really, I have tried, bona, have tried to cut the corner of you. You don't have to make the mistakes we made. You can actually go and jump start.

That's why we give you all these free resources. If you got a money out outcome, slack resources. If you download our free financial of Operations, you want know the origin and story.

We ve got millions mission. We have even beginners guy to investing. I mean, we have tried to throw the kitchen sink into you almost have to really dislike wanting to become wealthy once you discover what we're teaching and how good this is.

And I feel, what's the catch, you guys, there is no way you guys are this nice. Yeah, there's a catch. It's called the abundant cycles that we have learned. If we let you give IT a way, just completely load you up, you're going to learn, you're going to apply these concepts and then a magical things going on to happen. And maybe IT takes a decade, maybe takes fifteen years.

You going to to reach a level of success where your simple life, that you just start making small decisions as stack on top themselves and over sense of feel a lot more complicated when you follow your taxes, when you're trying to figure out what do I do now i've reached seven figure status, where going where you need the lights on for you, we're going to waiting for you. And that's what I love about what the the truth in the purity of our messages we get to love. And you give this to you, let you become the best version of yourself.

We get our pay off in fifteen years. We don't care. We're patient. We're going to be here. We love what we're doing and it's going to keep rock in a roll.

And IT really is investing is an amazing thing. And it's so wonderful when you recognize, just like brian said, that your money can work harder than you can. And the sooner you figure that out and the longer you let your money work, the more powerful IT can be.

So all let yourself be one of these people that's afraid of investing because maybe it's intimidating or because maybe things are tired. Maybe you think you have more time to do in the future. Don't fall into those traps, worry about what the market is doing today, don't worry about all time highs, don't worry. But if the next crash is coming, worry about are you saving consistently and saving the right amount to be able to build to great, big.

beautiful to our i'd come my mom because i'm going to a funeral this weekend. Month all passed away and they're are doing the fund more of my dad's brothers and so we work IT out with my mom, the airport pick up because i'm going to be in town for a little bit time and how we're going to do that.

And then SHE got to say to me, um Brown, i'm really proud, you know, because we are also talked about how many employees and she's i'm just so proud you figured all this stuff out and you've grown it's kind of amazing thing and that's what I just wanted remind people. And this is why I love that we get to share is how your journey started doesn't define how IT has to end. And you know, that's what I think.

Knowledge is the great equalizer. And if we can keep loading you up in a way and keep fulfilling this abundant cycle, i'm hoping that you too, when you talk to love ones and they see the fruits of you've reached that bowling point, the fruit is just spilling over and how you have multiply and growing your wealth, we want to keep sharing that with you. So thanks so much for going on this journey on your host. Brown press money on a team out. The money guy .

show is hosted by brian president. A bound wealth management is a registered investment advisory firm regulated by the securities and exchange commission in accordance, and complaints with the securities laws and regulations abound. Wealth management does not render or offer to render personalized investment or tax advice through the money guys show. The information provided is for informational purposes only and does not constitute financial tax, investment or legal advice.