Look Beyond the Chasm
Be Wealthy & Smart
Linda P. Jones
4.8 ā¢ 883 Ratings
šļø 3 April 2020
ā±ļø 10 minutes
šļø Recording | iTunes | RSS
š§¾ļø Download transcript
Summary
Learn why it is important not to get caught up in negative unemployment numbers and to look ahead 6 months or better, 3 to 5 years.
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. Your compounding rate, and how well you invest, matters!Ā
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Transcript
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| 0:00.0 | Be wealthy and smart, episode 704. |
| 0:03.0 | I'm gonna live no rich life. |
| 0:06.0 | Rich life. |
| 0:07.0 | If you all know what I mean, put your hands up and declare with me |
| 0:13.6 | Yeah, I'm full of faith |
| 0:16.0 | I'm gonna live a good life |
| 0:20.0 | I'm gonna live a good life |
| 0:21.0 | a beautiful and glorious life Step into a world of wealth of wealth and financial freedom without budgets, boredom or bosses on |
| 0:31.2 | be wealthy and Smart. |
| 0:34.0 | And now here's your host, Linda P. Jones. |
| 0:38.0 | Welcome to Be Wealthy and Smart. |
| 0:39.0 | I'm Linda P. Jones, America's Wealth Mentor. |
| 0:41.0 | Empowering women and Men Worldwide to Financial Freedom. |
| 0:44.6 | On today's show, we're going to call it Look Beyond the Kasm because we had some terrible |
| 0:49.8 | numbers that |
| 0:55.0 | is this dark time of uncertainty that all of us are doing our jobs to socially distance |
| 1:02.0 | ourselves or to do essential work and everybody is doing |
| 1:08.0 | their thing as instructed and so we're in this time of we don't know how long it's going to last. We don't know what things are going to happen while we're in this time. |
| 1:19.0 | We don't know when we're coming out of this time. So I call that the chasm because it's just a bunch of darkness and |
| 1:26.3 | uncertainty. But that's not all bad. And what I mean by that is yes, there are some unfortunate things happening there are some layoffs |
| 1:35.6 | being announced certainly a lot of people who have lost their jobs and if you're one of |
| 1:40.5 | those we certainly pray for you and hope that you are employed again soon. |
... |
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