4.8 • 883 Ratings
🗓️ 15 January 2025
⏱️ 11 minutes
🧾️ Download transcript
Discover why this is the year crypto outperforms.
Are you investing well for financial freedom...or not?
Financial freedom is a combination of money, compounding and time (my McT Formula). How well you invest, makes a huge difference to your financial future and lifestyle.
If you only knew where to invest for the long-term, what a difference it would make, because the difference between investing $100k and earning 5 percent or 10 percent on your money over 30 years, is the difference between it growing to $432,194 or $1,744,940, an increase of over $1.3 million dollars.
Your compounding rate, and how well you invest, matters!
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Be Wealthy & Smart,™ is a personal finance show with self-made millionaire Linda P. Jones, America’s Wealth Mentor.™ Learn simple steps that make a big difference to your financial freedom.
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0:00.0 | Be Wealthy and Smart, episode 1455. I'm going to live a good life. |
0:21.3 | A beautiful and glorious life. |
0:24.8 | Step into a world of wealth and financial freedom without budgets, boredom, or bosses on Be Wealthy and Smart. |
0:33.3 | And now, here's your host, Linda P. Jones. |
0:38.7 | Welcome to Be Wealthy and Smart. |
0:40.5 | I'm Linda P. Jones, America's wealth mentor, empowering women and men worldwide to financial freedom. |
0:45.7 | On today's show, we're going to talk about why this will be the year that cryptos outperform. |
0:51.2 | Now, four years ago, I published my book, Three Steps to Quantum Wealth, The Wealth |
0:55.1 | Erisus, Guide to Financial Freedom by investing in cryptocurrencies. And I published that book because |
1:00.3 | coming from the world of Wall Street and being in the investment industry for over 25 years, |
1:05.4 | I had seen returns on stocks averaging roughly 10% year in and year out, but I had never seen compounding |
1:13.7 | returns like I had seen in cryptocurrencies. And that's why I had to write a book about it. It |
1:18.9 | reminded me a bit of back in the 90s when tech stocks were going wild and the internet was coming |
1:24.1 | into being. Only this trend seemed to be even bigger than that. Bigger in the sense |
1:29.6 | that money was being digitized. Last time we had communication being digitized and our words became easy |
1:37.0 | to send in an email. Now we're having money be digitized and we're going to have money that's going |
1:43.3 | to be as easy as sending an email. |
1:46.0 | At least that's what I see the plan is. When I saw those compounding rates, I had to write a book |
1:51.5 | because I knew they were life-changing. I knew they could shave years off of people's retirement |
1:56.7 | plans. I knew they could get people out of the financial pickle that they were in, starting late |
2:02.0 | saving for retirement, or not having any retirement savings at all, perhaps. For my formula of money, |
2:08.2 | compounding, and time, I knew compounding was the most important piece of that formula. How much money |
... |
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