We can easily forgive a child who is afraid of the dark;
the real tragedy of life is when men are afraid of the light.
-Unknown
Let’s face it: kids are bad with money.
I know first-hand. When I was a kid I spent what little lawn-mowing money I had on baseball cards, candy, and video games. But one day, after a brutal afternoon of itchy legs and burning muscles, my dad told me the most important thing I’d ever heard at the time.
“You know son, that money can actually make more money.”
My mind was blown…
Every lawn I mowed wasn’t just a quick 10 bucks — it could be quickly turned into $100. Every car I washed wasn’t simply a measly five dollars, it could be a down payment on my first car. Every time I babysat, it wasn’t just a couple of twenties… it could be the beginning of a nest egg that lasted me the rest of my life.
The petty jobs into serious cash examples go on and on…
While I still bought the occasional baseball card, I started investing in stocks when I was around 11 years old. I still hold some of those stocks in my portfolio today.
Some have gone up 500%….
Others, 1,200%…
One is up over 3,000%…
And these figures don’t even include the dividend payments.
With all of that extra cash, I was able to buy my first car, put a down payment on my first house, and even squirrel away a pretty penny for my eventual retirement. It worked exactly as my dad told me…
I was fortunate enough to have people like my father in my life who knew the value of saving and investing.
Unfortunately, this generation does not seem to have the same guidance.
That’s where you come in.
Young people need guidance. They grew up just in time to see the market crash and burn in 2008. They don’t trust Wall Street and they don’t trust the stock market. You can see that in the rise of Bernie Sanders.
And I don’t blame them… while they’ve seen the market hit new highs, they’ve also seen it tank completely.
Let’s take a look at what “kids” are doing with their money these days… or more importantly, what they are not doing. For one, they are staying out of the stock market in record numbers. They have almost completely sat out the most recent seven-year bull market run. In fact, a new Bankrate survey just found that only 18% of those between the ages of 18 and 25 are investing in the stock market at all.
Here’s how it breaks down for millennials, when they were asked if they invested in the stock market…
Ouch…
The number-one reason millennials don’t invest is that they don’t have enough money! That’s fair enough — most of us never feel like we have enough money. But if you sit on the sidelines with your head in the sand, you certainly aren’t going to make any more money. You’ll be stuck in that trap for the rest of your life.
This is scary for a couple of reasons…
There are many serious economic issues facing our future generations — from robotics and free trade taking away employment to our vulnerable fiat currency and the ever-ballooning national debt. However, none is more worrisome than this.
I’m talking about the deep-seated problems facing Social Security and Medicare. Back in the early days of Social Security, there were 42 workers for every beneficiary… By 1950, this ratio was 16 to one.
Now, there are fewer than three workers for each person in retirement.
This is an unsustainable system by every measure.
Now, the collapse won’t happen today, and it won’t happen tomorrow; politicians will kick the can down the road for as long as humanly possible, even if their actions screw over the next few generations.
The sad truth is that these programs simply won’t be around for our children and grandchildren.
They will be on their own.
I’m sure most of you know how hard it is to enjoy retirement while getting that check each month. Maybe some of you have pensions. But, imagine how tough it will be on our youth to have none of those safety nets.
So what should you do to ensure your loved ones are safe and secure?
Here’s what I propose…
I imagine if you are reading these pages, you have a few bucks that you could lend to a loved one in need. If you take the initiative today, you could easily set your children or grandchildren up to not only have a comfortable retirement, but to become actual millionaires.
I know it may sound outrageous, but it really doesn’t take much effort or capital to do.
With a simple investment today, you could set your child or grandchild up for a million-dollar retirement without ever doing anything else…
Here’s how…
You see, when it comes down to it, investing is actually pretty easy. Especially if you start early…
I’ve discovered a special account to invest in that will turn your loved one into a millionaire. It’s safe, powerful and — most importantly — easy as pie.
Getting rich quick? That’s near impossible. Getting rich slow? That’s child’s play.
The key to this strategy is time.
You see, this opportunity isn’t just about you. This financial secret can make you a lot of money… but it can make your loved ones a lot more.
And while your loved ones stand to gain incredible wealth thanks to your action today…you come out the real winner.
You can rest easy knowing your grandchildren and their children will know the same financial security that you are blessed with. (And if you’re not quite financially secure now, you can tap into this secret right away for yourself.)
But at the end of the day, this opportunity is really about providing you with one of the most elusive goals known to man…
Leaving a lasting, meaningful legacy.
John D. Rockefeller used this trick to leave his family a $1.4 billion war chest…
Andrew Mellon used it to build lasting wealth for his family that is still paying off 100 years later…
Even founding father Ben Franklin tapped this strategy in order to leave untold millions to his twin homes of Philadelphia and Boston.
And now you can use it to turn your child or grandchild into a millionaire… it’s the single best gift you can give.
