Investing in Index Funds Course

✨ New Year Sale! ✨


How to make $5 million from 10 years of bartending

The $5 million bartender

All right, here’s the math on this one. Nicole is living off her day time job salary and putting 100% of her side hustle towards investing. She makes $100 per night, twice a week, 52 weeks per year. That’s $200 per week, $800 per month or $10,400 per year invested in index funds from the age of 20 to 30. $104,000 total invested. ⁣⁣⁣
She started young so that money has between 35 and 45 years to grow before she’s 65. At a 10% rate of return, her portfolio grows to over $5.6M! This shows the power of focus and investing early.⁣⁣⁣
If you have seen 2% savings account ads and are wondering where to get 10%, the answer is in the stock market. It’s not as consistent as a savings account, but over the last 40 years, the S&P 500 which tracks the US Stock Market has gained about 11.6% per year on average. It can be volatile over short periods, but there has never been a 20 year period where the market has been down.⁣⁣⁣
Buying into the US or world stock markets is easy. You just buy a low fee index fund through an online brokerage like Fidelity, Vanguard, Schwab or Betterment. Check my other posts on index funds, target date index funds and how to open a Roth IRA. :)⁣⁣
And yeah, this doesn’t take into account the impact inflation will have on her buying power, but Nicole will still likely easily be a millionaire by today’s terms which isn’t too shabby.⁣⁣⁣

As always, reminding you to build wealth by following the two PFC rules: 1.) Live below your means and 2.) Invest early and often.⁣

– Jeremy⁣
via Instagram


The Trump Bump

Trump vs Biden post-election stock market returns

Our current president tweets a lot about how the stock market is doing exceptionally well, implying that it is his doing. I posted in past comparing the stock market return over recent presidential terms and it turns out President Trump’s term ranks 7th out of the last 10.


Investing in Index Funds Course



Jeremy Circle

Hi, I’m Jeremy! I retired at 36 and currently have a net worth of over $4 million. 

Personal Finance Club is here to give simple, unbiased information on how to win with money and become a multi-millionaire!