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Investing in the S&Me 500 has been the highest return on investment that I have gotten.
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Key takeaways
- If I had taken all the money that I'd spent on coaching, mentorships, courses, workshops, seminars, and put that in the S&P 500 10 years ago, the amount that I would have right now is inconsequential compared to what I currently have.
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Abschnitt 1 The single highest return on investment thing I've ever done.
Full transcript
Locally archived YouTube transcript with timecodes. Speakers are assigned heuristically and may be corrected editorially.
0:00The single highest return on investment thing I've ever done. If I had taken all the money that I'd spent on coaching, mentorships, courses, workshops, seminars, and put that in the S&P 500 10 years ago, the amount that I would have right now is inconsequential compared to what I currently have. And that's because I invested in something different. So, rather than investing in the S&P 500, I invested in the SME 500. I could be the millionaire next door who saves every penny, doesn't go to Starbucks for my entire life, and have $2 million when I'm old. >> last 10 years of my life. >> Right. And literally enjoy nothing during that period of time. It's not a trade I wanted to make. I had a belief that if I'm given the right tools, I will be able to implement them. I put all of every dollar I had, even went into debt, to get access to communities and mentors and coaching programs. The biggest gifts I got from those wasn't even the education, but it was the perspectives on reality. It was people disproving things that I thought to be true. I was like, "This is the way the world is." And they're like, "That's false."