Show notes
Learn what some compounding rates have been to become a millionaire or billionaire and why you only need 10% to create wealth.
Some billionaires have crazy compounding rates!
My favorite woman billionaire, Zhou Quinfei compounded at 55,000% for 10 years.
Kylie Jenner compounded her money at 462,000% for 4 years.
While Warren Buffett compounded at about 26% annually and became the richest man in the world at one time.
What's the difference? What is realistic? What will get you to a million dollars?
Listen and find out.
Are you investing well for financial freedom...or not?
If you invest $10,000 per year for retirement, but earn only 2%, after 20 years you'll have $262,692 and after 30 years $431,908.
However, if you invested for growth and the stock market averaged 10% annually, your $10,000 per year would grow to $697,299 after 20 years and $1,983,928 after 30 years! A huge difference.
Complete the short application to find out how to invest for growth, what asset allocation I recommend (with ticker symbols, percentages, etc.) and if the VIP Experience is a good fit for you.
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- Where you to invest right now to prepare to build wealth in the next bubble (that is quietly forming)
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- Why it doesn't take a lot of money or investment experience to attain financial freedom
- Where fortunes may be made and how to make yours
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TODAY'S SPONSOR
I want to take a few seconds to tell you about how I "read" more books and stay ahead of the curve. It's by not reading books, but instead listening to them – like you are right now! With Audible, there are over 150,000 titles to choose from for your iPhone, Android, Kindle or mp3 player and…your first audiobook is FREE!
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Be Wealthy & Smart,™ is a personal finance show with self-made millionaire Linda P. Jones, America's Wealth Mentor.™ Learn simple steps that make a big difference to your financial freedom.
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