4.6 • 1.6K Ratings
🗓️ 18 September 2018
⏱️ 37 minutes
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0:00.0 | This Winter, memberships will never be the same again. |
0:03.4 | Amazon Prime presents Eddie Murphy's new Christmas movie Candy Kane Lane and Fast Delivery, |
0:09.0 | all for 899 a month. |
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0:12.2 | Get great entertainment and fast delivery, |
0:15.0 | all for 899 a month. |
0:17.0 | It's on prime. |
0:18.0 | Geographic restrictions and teas and sees apply 18 plus. Hey everybody this is Phil Town and this is Phil Town and this is Danielle Town |
0:28.1 | and we're here for the Invested Podcast where we are figuring out how to make money. |
0:34.0 | As succinct as it gets. |
0:40.0 | How would you take a thousand dollars add to it with your job? You know, I was just |
0:48.2 | talking with our with one of our employees and she was like okay I'm 55 years old now how am I going to be able to |
0:57.6 | retire because our savings have been all chewed up because you know so and so got a back problem and then my son needed this and my |
1:04.9 | daughter needed that and my mom needed this yeah right and now we're 55 we don't |
1:11.1 | have any savings but we we can save $1,000 a month. |
1:17.5 | So we started looking at this, right? |
1:20.0 | This is a really big problem, huge problem. because if you were putting money in a way at, let's say, |
1:29.2 | let's say at 9%, let's say the market was somehow going to do 9% average and you managed to do that over the next, |
1:35.4 | in spite of the fact that we're at an all-time high and we're about to go in the tank here at some |
1:39.5 | point in the next two or three years almost certainly, not happen. I mean the market went almost straight up from 1983 until or actually 1980 until 1999. |
1:52.0 | It's almost 20 years, straight up. |
1:56.3 | But there was a, you know, there were, there was a recession |
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