Invest Some Dough

Once you know your cash flow and have a good control on what you owe you’ll be ready to INVEST SOME DOUGH.

INVESTING simply means BUYING things that MAKE you money instead of things that LOSE you money.

Think about the stuff you buy as a teenager:

  • Video games
  • Clothing & accessories
  • Electronics
  • A vehicle

All this stuff has one very important thing in common – they all DEPRECIATE in value. That means they start LOSING value as soon as you buy them.

Look at these other things:

  • Real estate
  • Gold
  • Art & antiques
  • Stocks & bonds

What happens to these things? They INCREASE in value as time goes on.


TIME is the most valuable investment tool – that’s good for you because you are YOUNG and you have lots of TIME.

Remember the two examples in my lecture:

Rachel starts investing when she is 18 years old. She invests the EXACT same amount each month into the EXACT same MUTUAL FUND. By the time she turns 65 her money grows into $317,753!!!!
Steve starts investing when he is 28 years old. He puts $100 a MONTH into a MUTUAL FUND. By the time he retires at 65 his $100 a MONTH has grown into $163,946.

* Based on a projected long-term, dollar-cost averaged growth rate of 6%

Even though you have less money NOW – the earlier you start investing your money – the harder it works for you!