The 5 Millionaire Investing Habits That Changed My Life

"if you invest a hundred dollars a month starting at the age of 20 at an eight percent return by the time you're 65 years old that 100 a month will have turned into a nest egg of almost five hundred and forty thousand dollars however if you think to yourself I had my entire life doing that I just want to buy Gucci slippers and drink Starbucks and you invest that same hundred dollars a month but you start five years later at the age of 25 instead by the time you're 65 that amount will have only turned into 361 thousand dollars that works out to a difference of 177 thousand dollars just by waiting five years to invest a hundred dollars a month"

"since 2006 had you just bought and held you would have seen a 10.66 return but had you been trying to time the market and miss out on the top 10 best trading days over 15 years your return drops down to five percent and all it takes is to miss out on the top 30 trading days over 15 years and you'll experience a negative 1.18 return"

"another study looked at 83 000 investors on etoro who made more than three trades a year and the results were pretty bad this graph shows the average profits from each Trader over a 12-month span and at the end of the day 79 percent of them lost money the median return was negative 36 percent only one in five people who traded stocks were able to just break even"

"a 20-year holding period in the stock market has never once produced a negative result"

"just buying into the markets immediately regardless of where it's priced has outperformed dollar cost to average 71 percent of the time"

"investing is going to be cyclical some investments will lose money for years in a row and you have to expect that going in"

"the chances of coming out ahead profitable over 10 to 20 years are pretty good"

"if you invested your money that you knew you didn't need for the next 10 years and you held on a little bit longer well now you would be sitting at a 30 Profit just for holding on and doing nothing"

"if you decide to invest ten thousand dollars today and then you do nothing for 30 years at an eight percent return after that time you'll have a hundred thousand dollars however if you instead just invested two hundred dollars a month and did that consistently over that exact same time frame you would have 317 thousand dollars or three times more money"

"if you literally do nothing besides investing that hundred dollar weekly savings preferably in a Roth IRA so it's tax-free at an average of an eight percent return you'll have over 2.3 million dollars saved up in 45 years"

"the years 2000 through 2012 as an example assuming you just bought in once you would have made a total of a 4.66 return over 12 years or 32 percent if you include the dividends however if you consistently bought in month after month regardless of where the market is trading at your cumulative return jumps to 24 and with dividends reinvested your return is as high as 42"