If you want to develop your wealth faster than the average person, I suggest trying to think about two schedules of time tables that move together in complete harmony.
The first schedule is an analysis of what is going on now. The second timetable is an analysis of what can happen in the future, with a fixed spread. It is like a double computer processor always works in your mind.
I have been thinking of two schedules of time schedules since 1999, when I got the first financial job outside the college. Thinking this way was essential to me in building enough wealth to escape from American companies in 2012. I haven’t stopped thinking this way since.
An example of thinking about two schedules of time tables for more wealth
The classic example of my suggestion explanation is for people who are currently working.
- Table No. 1: How do you feel about your work now?
- Table No. 2: How do you think you will feel ten years ago if you are still doing your own job today?
Most of the people I talk to never think about the second question when they start their job for the first time. They are pleased to be there and optimistic. But I want you to think about question No. 2 because I am trying to get you Expect your misery.
If you can get closer when you are miserable in your job, you can take steps to Get away when this misery comes. But if you do not think about question 2 constantly in two tables, by the time you are miserable, you are tight. You have a few options to no to get out of the optimal level.
Providing and investing enough to be free from misery
When I was told that I had to enter at 5:30 am and stay at 7 pm to make sure I got the appropriate search from my colleagues in Asia to customers, I knew that I could not continue 40 years in a profession as my father did. Instead, I made a more realistic evaluation: How long can I continue before I burned completely? The answer I reached was 40 years old.
So I calculated how much I will need at that time to get the courage to move away. This number was $ 3 million. Depending on how to organize the net value, it can generate $ 100,000 a year of negative income. From that moment onwards, saving and investing $ 3 million has become my task. I have constantly imagined how life will look at the age of 40, 41, 42, 43, 44, 45, and beyond – from grinding with this money in mind.
This approach consisting of two types-bust in the day associated with a dream on the future day-keeps me motives. I really thought that if I did not strike this pure goal, it may be my shortest life from all tension and hours. It has already begun suffering from plantar fasciitis, irreplaceable allergies, and weight gain.
In the end, I left three months before my thirty -fifth birthday thanks to an unexpected variable: the ability to maintain all my postponed compensation and receive a six -digit package after 11 years in my last company. This chapter covered five years of natural living expenses. With this financial pillow on hand, I knew it was now or never – so I took the jump of faith.
Use two tables to become a better investor
Now let’s apply my two -line approaches to investment.
1) The current timeline:
Investors have achieved incredibly well since 2020, especially those betting on technology. With the rise of the S&P 500 more than 20 % in both 2023 and 2024, the investor category built a much more fortune than expected. Real estate performance has also been strongly since 2020, although some markets – such as Texas and Florida – are correct. Every investor must look at what his net wealth was in 2020 and celebration.
2) The future timetable (10-20 years next):
If you or your parents do not invest strongly, life may remain in the difficult situation indefinitely. The wealth gap has already widely expanded since 2020, and it is likely to continue to widen. Within 10 to 20 years, the purchase of a preliminary residence may be impossible. Finding a job that pays a wage is increasingly difficult as artificial intelligence disrupts more industries.
What should we do?
The plan to ensure that the future will be fine
A general game plan to give my family has set an opportunity to compete in a competitive future and is increasingly and increasingly.
1) Adhere to our initial residence and at least two rental real estate to stay long real estate.
Real estate is one of the most reliable ways to build and maintain wealth over time. By sticking to property, we not only benefit from the potential estimate and rental revenues, but we also protect ourselves from being priced from housing in the future. Having a single rented drug for every child something you should think of.
2) Building two plans 529 equal to the current cost for four years for the most expensive university today.
University education continues to rise faster than inflation, and there is no sign of its slowdown. Full funding guarantees 529 plan now that our children will get the freedom to choose good education without the burden of debt – or weigh us. They will also have the option to attend the best college you accept.
3) Invest at least the gift tax every year in the investment account in every child and Roth Iras.
By constantly contributing it early, we harness the strength of the multiplier. The goal is to build a financial foundation that allows them to follow the professions they enjoy, and not only those that pay bills or appear to be a “high position” by society.
4) It aims to invest at least $ 100,000 a year in the origins of risk for 20 years for ourselves.
To combat inflation and maintain purchase strength, consistent investment in stocks, investment capital and other assets directed towards growth is very important. This aggressive approach is our hedge against stagnation and the high cost of living. It will not be easy as a writer, but I will somehow find a way through other activities.
5) Building 500,000 dollars in the exposure of the special artificial intelligence company to hedge against the difficult labor market in the future.
Artificial intelligence is a threat and an opportunity. By investing in Amnesty International’s private companies or funds, we aim to participate in the upward trend of technological disorder, rather than just becoming victims.
Why is an investment of $ 500,000 in artificial intelligence logical?
Since 2017, I have been struggling with the reality of having to pay the college price starting in 2036. based on the current expectations, we are looking for about $ 450,000 per public and $ 750,000 for private university school fees for four years. This is an amazing amount – especially thinking about most of what is taught in school today is available online for free.
One of the solutions is to direct them towards the presence of the Community College for two years before moving to a university in the country. Another is to educate ourselves, or at least as much as possible before we are adults.
But the most persuasive solution may be to invest in technology that is likely to disrupt traditional education more: artificial intelligence.
At first glance, the allocation of $ 500,000 for private artificial intelligence investments may seem. But when you compare this to $ 450,000 – 750,000 dollars of the cost of the college in 2036 per child, it begins to appear as a rational hedge.
Logic goes: If you are ready to spend $ 450,000 to $ 750,000 in college in 2036 For every childThen I must be ready to invest $ 500,000 or more in the same companies that may make traditional education old. Heck, I must be ready to invest 900,000 dollars – $ 1.5 million in private artificial intelligence companies and I am really thinking about it.
Possible returns on investing $ 500,000
Here are details of how an investment of $ 500,000 has grown more than 10 and 20 years at different annual growth growth rates (CAGR):
| Annual return | 10 years | 20 years old |
|---|
A $ 500,000 investment doubles by 15 % annually over 20 years to about 8.2 million dollars. Can you imagine existence? option To reach this type of capital in the mid -twenties? While 15 % are an aggressive goal, these types of returns are much more logical when investing in private companies in the previous stage.
See only the performance of the first investors in Openai, Anduril, Scale Ai, Databrics, and Ankharbur – MANY has achieved more than 50 % of the annual return since the A. SCALE AI moved from a rating less than $ 50 million in 2017 to about 30 billion dollars. This annual revenue is 153 %+ over a period of nine years.
As a private stock investor since 2006, I had a number of multiple columns over different funds. However, the real challenge is a big situation enough in these winners to move the needle financially. Another challenge is not to invest in a lot of bread (100 % losers) who pull the total performance. It is not easy, but I am ready to continue trying with up to 20 % of the investmentable Adwani.
Think of time schedules to live without remorse
The present is transient, and the future is always on his way. To fully live, we must learn to put two schedules in mind: who are we today and who we want to become.
It is not enough to dream about a better future. We have to behave in compliance with that vision every day. Otherwise, we risk a tree, just to wake up one day we wonder where all the time went.
We will all be old. And when that moment comes from thinking – when the noise fades and the days increase – I hope we will not look back. The risks we have taken or the failures we faced, but for the steps that we did not dare to take and the time we have never sent priority.
At the forty-four years of age, I know that I will have a deep disappointment in myself if I do not spend 10-20 years completely attending my children, giving priority to health on crowds, and resistant to clouds that are uncompromising from more money and situation. I want to spend my time doing what achieves me – and not what others expect from me.
Let’s live today with a situation tomorrow. This is how we give meaning to both.
Suggestions
If you are looking for investment in private artificial intelligence companies, check this The donation project. The minimum investment is $ 10, and you can offer the donations it keeps first before making an investment decision. I have personally invested $ 153,000 and I will continue the average cost of the dollar to build my artificial intelligence mode to $ 500,000. The collection of donations has long been the shepherd for the financial Samurai where our views are aligned.
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