2min chapter

The Investing for Beginners Podcast - Your Path to Financial Freedom cover image

IFB291: Overcoming Beginning Investor Skepticism

The Investing for Beginners Podcast - Your Path to Financial Freedom

CHAPTER

The Importance of Investing

I think naturally people want instant gratification and that's just not the reality for the vast majority of outcomes for people. And it all takes a certain level of time to grow up and to decide what you want to do, then find a job or earn money and then try to become wealthy. But investing in index funds and putting $200 in an index fund every month from now until they retire could generate upwards of anywhere from 800,000 to a couple million depending on the returns. I mean, that's great to me. It's one of the life hacks that you could do.

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