Five Minute Finance

Invest Early and Wisely


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Do you have or know a pre-teen or teenager who’d like to be as wealthy as Warren Buffet? It’s easy. Have them begin investing in the market RIGHT NOW.

I’ve talked about this story before…Warren Buffet is worth about $80 billion dollars. $70 million of that was earned after he was eligible for Social Security benefits. The key to his success goes back eight decades. Yes, eighty years. Buffet began investing when he was 10-years old. And all that money he put away 80, 70, 60 years ago began compounding in his later years and led to him being one of the wealthiest men on earth.

Join Matt Robison and I on this week’s podcast for some quick and easy ways to get your teenager invested now in order to secure their future wealth. We discuss these simple steps:

  1. Open a Roth IRA and deposit earned income
  2. Consider investing in the Total US Stock Market for set-it-and-forget-it fund management
  3. Add monetary gifts from grandparents, aunts, uncles, etc to the fund
  4. Sit back and watch your 40+ year return of 9.5%-12%

Investing 15-20 years earlier than their peers will pay off significantly in retirement. Learn from Buffet: start investing now for your pre-teen/teenager.

Learn more about Mike and my services at https://www.mortonfinancialadvice.com and connect at https://www.linkedin.com/in/mwsmorton/

Are you ready to create your ideal lifestyle? Let’s Connect.

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Five Minute FinanceBy Mike Morton, CFP®, RLP®, ChFC®

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