Comment on something from Ch. 1 and also Ch. 2 that would be helpful and/or interesting to you. If you have a question about something in the book, post your question here and we will try to get it answered.
Chapter 1: I was really surprised that if you put away $2,000 it could grow to millions when you are really old.
Chapter 2: The amount of people that believe that having 1 million dollars isn't rich really surprises me, because a million dollars is a lot of money.
i learned that i should start investing my money right now because it says it will take up to 55 years to get up to 1,000,000. I guess i never really thought about what would make me weathly and what i would be happy with, i think i would feel rich with 1,000,000 but then once i got it i think i would want more and feel poor.
Ya Matt I wish i had money to invest... somehow i don't think i will because of college stuff.. i guess im pretty frugal so if i set aside money each month, i might make it to a mil! HA!
It would take 254 years to give everybody on earth a million dollars. You also need a net worth of 368,000 to be on the top 10 percent of wealthy people in the U.S.
i learned that if you wait awhile saving money that you'd get a lot of money if you wait and if the stocks rise sell them and if they don't rise at all keep them until they rise
Chapter one was interesting with all the numbers and the amounts of money. Chapter Two has the chart that I found interesting with the percentages of the population that stated how much money would make them feel rich.
In chapter 1 I learned that you need to start saving now. Once you put money in the bank you start earning interest. So the sooner you start the more money you will get. In chapter 2 I learned that 28% of people think that they are rich when they have earned either 3 million or 5 million or more. 30% of people think they are rich with 1 million.
I can see how much power investing money has with that thing about giving one million dollars to every person in the world 20% of households earn less that $15,000 in a year
Chapter 1: It is smarter to invest over time than to only invest once. Chapter 2: People want to have millions of dollars, not to flaunt around but to be financially secure.
I should start saving now if I want to be rich.... I do think money helps make families happy but you want to find the right jobs that you like doing, not just looking at the money you will make.
In chapter one I learned that we need to start saving early because you will gain a lot of money over time. In chapter two I learned that many people are now becoming rich but you would never know who it is because they don't flaunt their money.
Chapter 1: Start investing money now and over time it could add up to over a million dollars. Chapter 2: There is 20% of households that earn less than $15,000.
Chapter 1: I learned I need to start investing very soon and it'll be very beneficial when I'm 60-something and ready to retire. Chapter 2: I learned that even if I invest $100 dollars for 50 years at 10% I could end up with 11,700. That's good money to use in my retirement plans.
I wish I had money to invest. 1 million dollars would be nice!
ReplyDeleteI think i will some day make 1 million, but it may take a while.
Matt Baughman
Chapter 1: I was really surprised that if you put away $2,000 it could grow to millions when you are really old.
ReplyDeleteChapter 2: The amount of people that believe that having 1 million dollars isn't rich really surprises me, because a million dollars is a lot of money.
interesting fact: it would take 254 years to be able to give everyone on earth 1 million dollars.
ReplyDeleteBeing rich requires 2 million dollars today.
Jacki
i learned that i should start investing my money right now because it says it will take up to 55 years to get up to 1,000,000. I guess i never really thought about what would make me weathly and what i would be happy with, i think i would feel rich with 1,000,000 but then once i got it i think i would want more and feel poor.
ReplyDeleteWow, it dosen't take much to get a lot of money, but it can take a long time to aquire.
ReplyDeleteYa Matt I wish i had money to invest... somehow i don't think i will because of college stuff.. i guess im pretty frugal so if i set aside money each month, i might make it to a mil! HA!
ReplyDeleteIt would take 254 years to give everybody on earth a million dollars. You also need a net worth of 368,000 to be on the top 10 percent of wealthy people in the U.S.
ReplyDeletei learned that if you wait awhile saving money that you'd get a lot of money if you wait and if the stocks rise sell them and if they don't rise at all keep them until they rise
ReplyDeleteChapter one was interesting with all the numbers and the amounts of money.
ReplyDeleteChapter Two has the chart that I found interesting with the percentages of the population that stated how much money would make them feel rich.
In chapter 1 I learned that you need to start saving now. Once you put money in the bank you start earning interest. So the sooner you start the more money you will get.
ReplyDeleteIn chapter 2 I learned that 28% of people think that they are rich when they have earned either 3 million or 5 million or more. 30% of people think they are rich with 1 million.
I can see how much power investing money has with that thing about giving one million dollars to every person in the world
ReplyDelete20% of households earn less that $15,000 in a year
I think it takes way to long to get a million dollars.
ReplyDeleteIf you want to be rich put all your money in stocks and sell them if they go up.
Chapter 1: It is smarter to invest over time than to only invest once.
ReplyDeleteChapter 2: People want to have millions of dollars, not to flaunt around but to be financially secure.
I should start saving now if I want to be rich.... I do think money helps make families happy but you want to find the right jobs that you like doing, not just looking at the money you will make.
ReplyDeleteIn chapter one I learned that we need to start saving early because you will gain a lot of money over time. In chapter two I learned that many people are now becoming rich but you would never know who it is because they don't flaunt their money.
ReplyDeleteChapter 1: Start investing money now and over time it could add up to over a million dollars.
ReplyDeleteChapter 2: There is 20% of households that earn less than $15,000.
Chapter 1: i found out that if you put away 2,000 dollars now it will eventually grow into a million dollars as you get older.
ReplyDeleteChapter 2: being rich is considered having 2 million dollars today
chapter 1-if we save early then money will gain and by the age of 55 we could accumulate the wealth of one million
ReplyDeletechapter 2-Many people are more wealthy than people were in 1999
Chapter 1: I learned I need to start investing very soon and it'll be very beneficial when I'm 60-something and ready to retire.
ReplyDeleteChapter 2: I learned that even if I invest $100 dollars for 50 years at 10% I could end up with 11,700. That's good money to use in my retirement plans.
I need to invest when im young so it will grow over time. The money will be used for retirement. 20% of all households make less than 15,000 per year
ReplyDeleteif i had $2000 dollars right now i would invest it
ReplyDeleteand invseting money is a good thing to do when the market is low do your reserch and you can be sucessful