Make your child a millionaire:
When they're born, invest $1,000 into an S&P 500 index fund.
Invest $100 every month until they're 21.
At 21, they'll have $109,000 invested.
You can leave this alone and stop adding to it.
At age 50, it should grow to $2.6 million.
Bonus: Teach your child to invest $500/month at 21.
If they continue what you started, by 50 this should grow to $3.9 million.
This is how generational wealth is built.
Andrew Lokenauth /
npub105…lu59e
2024-08-18 19:41:43
Author Public Key
npub1050hrq35yxtu64ssp0v2uuwsvwrrtk4zd2g6ml8yrf4wfww4ttgsalu59ePublished at
2024-08-18 19:41:43Event JSON
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