How To Turn $5 A Day Into A Million Dollars (Step By Step)

"President Trump signed the one big beautiful bill act into law. This big bill will bring some big changes to our economy, starting with some big tax breaks to big funding for certain things like more deportations. And the reason why you want to pay attention to this bill is because it goes into effect retroactively. It goes into effect January 1, 2025."

"if instead of taking this extra $5 a day and shoving it under your mattress, you took this extra $5 and you invested it. And you're not the best investor. All you did was get the average returns of the market, which historically has been around 10% a year. And you did this over the course of 45 years."

"the stock market has grown by 10% a year on average."

"10% is the average historical stock market return. That's what the S&P 500 has averaged over the last 100 years, despite the market crashes, despite the recessions."

"Does that guarantee we're going to see 10% a year in the future? No. But that's what we have seen despite the ups and downs. So that is something that we know over the long term has been proven to build wealth and we can expect that it will continue to do so. Does that mean it's going to go straight up? No. We will see more recessions. We will see more market crashes."

"recessions and market crashes create more millionaires than any other time. Why? Because they allow you to buy more good investments at a discounted price."