Why Investors Under Age 40 Created More Wealth
Be Wealthy & Smart
Linda P. Jones
4.8 • 883 Ratings
🗓️ 16 February 2024
⏱️ 7 minutes
🧾️ Download transcript
Summary
Discover why investors under age 40 created more wealth.
Are you on track for financial freedom...or not?
Financial freedom is a combination of money, compounding and time (my McT Formula). How well you invest can make the biggest difference to your financial freedom and lifestyle.
If you invested well for the long-term, what a difference it would make because the difference between investing $100k and earning 5 percent or 10 percent on your money over 30 years, is the difference between it growing to $432,194 or $1,744,940, an increase of over $1.3 million dollars.
Your compounding rate, and how well you invest, matters!
INVESTING IS WHAT THE BE WEALTHY & SMART VIP EXPERIENCE IS ALL ABOUT
- Invest in digital assets and stock ETFs for potential high compounding rates
- Receive an Asset Allocation model with ticker symbols and what % to invest
-Monthly LIVE investment webinars with Linda 10 months per year, with Q & A
-Private VIP Facebook group with daily community interaction
-Weekly investment commentary
-Extra educational wealth classes available
-Pay once, have lifetime access! NO recurring fees.
-US and foreign investors are welcome
-No minimum $ amount to invest
-Tech Team available for digital assets (for hire per hour)
For a limited time, enjoy a 50% savings on my private investing group, the Be Wealthy & Smart VIP Experience. Pay once and enjoy lifetime access without any recurring fees. Enter "SAVE50" to save 50% here: http://tinyurl.com/InvestingVIP
Or set up a complimentary conversation to answer your questions about the Be Wealthy & Smart VIP Experience. Request an appointment to talk with Linda here: https://tinyurl.com/TalkWithLinda (yes, you talk to Linda!).
SUBSCRIBE TO BE WEALTHY & SMART
Click Here to Subscribe Via iTunes
Click Here to Subscribe Via Stitcher on an Android Device
Click Here to Subscribe Via RSS Feed
LINDA'S WEALTH BOOKS
1. Get my book, "3 Steps to Quantum Wealth: The Wealth Heiress' Guide to Financial Freedom by Investing in Cryptocurrencies".
2. Get my book, "You're Already a Wealth Heiress, Now Think and Act Like One: 6 Practical Steps to Make It a Reality Now!"
It was named to the list of "All Time Best Wealth Books" by BookAuthority.
Men love it too! After all, you are Wealth Heirs. :)
International buyers (if you live outside of the US) get my book here.
WANT MORE FROM LINDA?
Check out her programs.
Join her on Instagram.
WEALTH LIBRARY OF PODCASTS
Listen to the full wealth library of podcasts from the beginning.
SPECIAL DEALS
#Ad Apply for a Gemini credit card and get FREE XRP back (or any crypto you choose) when you use the card. Charge $3000 in first 90 days and earn $200 in crypto rewards when you use this link to apply and are approved: https://tinyurl.com/geminixrp This is a credit card, NOT a debit card. There are great rewards. Set your choice to EARN FREE XRP!
#Ad Protect yourself online with a Virtual Private Network (VPN). Get 3 MONTHS FREE when you sign up for a NORD VPN plan here.
#Ad To safely and securely store crypto, I recommend using a Tangem wallet. Get a 10% discount when you purchase here.
#Ad If you are looking to simplify your crypto tax reporting, use Koinly. It is highly recommended and so easy for tax reporting. You can save $20, click here.
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.
(This post contains affiliate links. If you click on a link and make a purchase, I may receive a commission. There is no additional cost to you.)
Transcript
Click on a timestamp to play from that location
| 0:00.0 | Be wealthy and smart episode 1312. If y'all know what I mean put your hands up and declare with me |
| 0:14.0 | Yeah, I'm full of bed-time |
| 0:18.0 | I'm gonna live the good life |
| 0:21.0 | and beautiful and financial freedom without budgets, boredom or bosses on |
| 0:31.5 | be wealthy and smart. And now here's your host, Linda P. Jones. |
| 0:37.0 | Welcome to Be Wealthy and Smart. I'm Linda P. Jones, America's Wealth Mentor, |
| 0:41.8 | Empowering Women and Men Worldwide to Financial Freedom. to more wealth. This may or may not be a surprise to you, but the total wealth of Americans |
| 0:54.9 | under age 40 surged by 80 percent between the first quarter of 2019 and the third quarter of |
| 1:01.4 | 2023, according to a study by the New York Federal Reserve. |
| 1:05.0 | You're going to find out what they invested in and why that's the case. |
| 1:09.0 | Americans underage 40 saw the value of their financial assets increased by 50% since 2019, while those 55 or older |
| 1:18.3 | saw only a 20% increase. |
| 1:21.1 | And Americans between the ages of 40 and 54 saw their wealth increase. And Americans between the ages of 40 and 54 saw their wealth increase just 10% |
| 1:26.1 | over the same period. The study said that younger generations received |
| 1:30.3 | larger stimulus checks during the pandemic and used the funds in part to buy stocks. |
| 1:36.5 | Those underage 40 who invested were investing in corporate equities and mutual funds and that |
| 1:41.7 | made up 25% of their financial assets as of the third quarter of |
| 1:45.8 | 2023 up from 18% in 2019, which is the fastest growth of any age group. |
| 1:52.4 | So I want to pause there and just say kudos to the younger |
| 1:55.8 | generation for investing in stocks and understanding the opportunity that was presented |
| 2:01.1 | to invest in stocks when we had the big dip in the stock market |
| 2:05.0 | at the beginning of the pandemic. |
... |
Please login to see the full transcript.
Disclaimer: The podcast and artwork embedded on this page are from Linda P. Jones, and are the property of its owner and not affiliated with or endorsed by Tapesearch.
Generated transcripts are the property of Linda P. Jones and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.
Copyright © Tapesearch 2026.