YOUTUBE 3 Investment To Own For Life (Never Run Out Of Money) AdminJuly 8, 2023058 views magine investing money once in something, and that something paying you money out for the rest of your life, that sounds like a good deal to me. So in this video, I’ll give you 3 investments that can actually do this, I’ll tell you how to buy them, how money they make, and how safe they are. I’l even tell you how I use them. ????Call Me????: https://bit.ly/30IBr0i ????Second Channel????: https://bit.ly/3c4sVPS ????????????Financial Freedom Course????????????$100 OFF CODE: LONGTERM Link: https://longtermteam.teachable.com/p/financial-freedom-steps-from-nothing-to-freedom ????MY M1 FINANCE PORTFOLIO???? PLUS $10 Link: https://m1.finance/37SHd4241z-N S&P 500 This investment has the 500 largest companies in the United states of america And we know that the average return over the last 70 plus years, has been roughly 10.53% And the only way you end up losing all your money is if the country completely fails and at that point nothing really matters does it Here a Basic Idea: You can buy this investment via Vanguard, the ETF or Index Fund is called the “ the s&p 500 “ literally If you’re you goal is to make $100 per month from this investment in 10 years You’ll have to have a total of 30,000 For every $100 per month you want to make, you’ll need $30k in your portfolio Why and how long will that take To never run out of money we will take less money out than we take, the common rule is 4% ( 4% rule ) So if you invest $1,000 per month it’ll take you 2 and half years And if you invest $500 per month it’ll take you about 5 years Remember $1,200 a year if you make $20 an hours that’s 60 hours a year you don’t have to work anymore If you invested $1000 per month for 10 years, you would have $210k roughly. That’s $700 a month That’s 35 hours a month Rental Property This is a long term strategy. Your first rental can be your first home The average person may buy a home and then sell it and move about every 5 years or so For example: Option One Just finished paying a property And now you rent that one and move to the next one A good return would be 8% of the purchase price, each year So if the home cost you $100k you want to make at least $8000 a year Option 2 ( You’ve paid of your home, and also have a good size portfolio ) Use the income income you use to spend on the mortgage to save Use your annual portfolio withdrawal for savings So if you pull $8,400 from the market, plus 12k you use to spend on your property Math shows this: Year /total 1 $20,400.00 2 $40,800.00 3 $61,200.00 4 $81,600.00 5 $102,000.00 Now if every 3 years you buy property that makes you at least 8% for 60k in cash That means $400 extra each month. You do this cycle 3 times and you’ll have $1200 each month from the rental. Buts that’s not at all, you’re investment would have grown to 397k in 10 years without you adding any extra money if you took out 4% of the 210k only Break to explain: $700 from the market and justed $1323 $1200 from rental income And no home payments ( all in just 20 years ) Lets not forget you could still be using 20-30% of income to have fun Personal Home + Emergency Account We always think, that investment has to be making you money But sometimes an investment can be asset that keeps you making more money in your others ventures I’ll explain * PRO TIP* INFORMATION IS EVERYTHING ????1 on 1 Talk + My Budget + Stock Investments???? https://www.patreon.com/tommybryson ????Merch???? https://teespring.com/stores/tommybryson ✅2 FREE AUDIOBOOKS✅ https://amzn.to/2Enayo8¬¬¬ ????M1 FINANCE $10???? https://m1.finance/37SHd4241z-N ????ACORN FREE $5???? Link: https://acorns.com/invite/38EYSU ⚡FREE KINDLE UNLIMITED⚡ (traditional reading) Link: https://amzn.to/2VGbxt9 ????????????DISCORD PRIVATE GROUP???????????? https://discord.gg/EcZEHpA My Camera Gear: https://www.amazon.com/shop/tommybryson ✔ Help Us Reach 500,000 Subscribers: https://goo.gl/0wvm6w ????All My Social Media???? Link: https://linktr.ee/tommybryson *Some of the links and other products that appear on this video are from companies in which Tommy Bryson will earn an affiliate commission or referral bonus. Tommy Bryson is part of an affiliate network and receives compensation for sending traffic to partner sites. The content in this video is accurate as of the posting date. Some of the offers mentioned may no longer be available. I’m an Accountant but I’m not your Accountant, always review information with your Accountant/CPA and your Financial Advisor. source