What Are Your Thoughts - Ep. 4

I’m super thankful/grateful for all of the positive feedback we’ve received on our videos. I’ve had a number of people reach out for help on how to automate their savings and investing. It’s great.



Here are our notes from the fourth episode:


1. Stock market at an all-time high - again

  • The story about the broker trying to change funds and using all-time high as a reason.

  • What not do to…

  • 1/15 trading days hits new all-time high

  • 2018 had 18

  • 2017 had 62

2. Becoming a millionaire

  • If you save money diligently, it’s inevitable.

  • Automate it.

  • You don’t have to know about stocks.

  • Increase by 1% minimum each year.

  • Savings $10,000 per year for 20 years earning 7%, you’d have saved $200,000 of your own money, but the account balance would've grown to about $409,000; 30 years, you would've saved $300,000, but the account balance would be about $944,000; 40 years, saved $400,000 with an account balance of about $2,000,000.

3. This meeting should’ve been virtual (better yet, an email)

  • How much time can be saved?

  • Mark Cuban doesn’t answer phone calls. He responds to emails, often late at night.

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