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Welcome Central HS!. Welcome Central HS!. Welcome West Brook HS!. Welcome West Brook HS!. Welcome!!. Become a Millionaire?. Become a Millionaire?. Assuming you were __ years old, how much money would you need to save each day to have a $1,000,000 at age __ ?.

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Presentation Transcript
slide1

Welcome Central HS!

Welcome Central HS!

Welcome West Brook HS!

Welcome West Brook HS!

Welcome!!

slide3

Become a Millionaire?

Assuming you were __ years old, how much money would you need to save each day to have a $1,000,000 at age __?

Assuming you were 17 years old, how much money would you need to save each day to have a $1,000,000 at age 65?

slide5

No matter what your plan is…

From athletes to doctors to hairstylist to…ANY thing you plan to do for a living…you need to know this…today…and may never hear it again.

slide6

What are the rules?

“How Money Works”

slide7

Compound Interest

Rule of 72

72 ÷ 3%

72 ÷ 6%

72 ÷ 12%

24 Years

12 Years

6 Years

12%

Age

3%

6%

18

24

30

36

42

48

54

60

66

$500,000

$2,000

$4,000

$8,000

$2,000

$4,000

$8,000

$16,000

$32,000

$2,000

$4,000

$8,000

$16,000

$32,000

$64,000

$128,000

$256,000

$512,000

slide8

Putting things in Perspective

x2

including a spouse

~40,000

Approximately

x$10

avg. cost of a meal in 20-30 years

$400,000

Just to EAT!!

19,623

Avg. # of meals in retirement

slide9

Loaner vs. Owner

B

A

Mutual Funds

3-6%

A. Loaner: Loses money to inflation.

B. Owner: Benefits from inflation.

Banks

18-21%

Credit Cards

American Economy

Invest

12-25%

slide10

What is Safety?

1940

2012

…a 90% LOSS!

slide11

$2 Billion

Banks

$1-5 Mil.

Insurance Co.

$1 Mil.

Institutions

$100-500k/mo.

Individuals

$25-1000+/mo.

Benefits of Mutual Fund

  • Pooling of Assets: Hires a Professional Manager
slide12

Diversification

Energy

Technology

$2 Billion

Finance

Retail

slide13

Diversification

Outback Steakhouse

International Paper

Southwest Airlines

General Electric

General Motors

Columbia/HCA

Campbell Soup

NationsBank

Walt Disney

CBS

Ford

AT&T

Dupont

Compaq

Chevron

Citigroup

Motorola

Best Buy

IBM

MCI

Mobil

Reebok

Dillards

Walmart

Microsoft

Coca Cola

McDonalds

slide14

Become a Millionaire?

Assuming you were 17 years old, how much money would you need to invest each day to have a $1,000,000 at age 65?

slide16

What is the REAL Cost?

Coke

$.50 =

$2,082

Movie

$7 =

$4,625

CD

$15 =

$86,043

$15,418

Stereo

Shirt

$279 =

$50 =

$170

slide17

What is the REAL Cost?

+

= ?

Cost of Smoking: I recently calculated the cost to smoke from age 15-55...40 years, 1 pack/day*. So, a pack/day is 30 cartons for a year. This is $1,200** a year in ciggies. If a person were to invest the same $1,200 a year, they could have almost $1,000,000 by the time they were 55. So, this is just a little greater than the $48,000 out of pocket expense when you consider the FTV of money when saved in a quality equity investment.

* Ok, so a young person may not actually smoke a pack a day now, but they will soon...and eventually they will smoke more than a pack a day, so the average is 1 pack/day.

** Assuming a person actually buys their cigarettes a carton at a time...but since coming up with $40 for an entire carton might be tough, this might actually cost even more

slide18

The HIGH Cost of Waiting

17

$776,179

5 years

$426,112

1 year

$688,535

$87,644

$300

$25 =

1 Month

$25 / Month @ 12% to age 65

Cost to Wait

$350,067

$1,500

$7,709

it pays to start early
It Pays to Start Early!

At a 10%

Rate of Return

slide20

Know the Rules!

I. Know how money works

slide24

Know the Rules!

I. Know how money works

II. Dream BIG…set GOALS

III. Have a Written Plan

IV. Work hard

V. Make good choices

slide25

The Right Choices

The decisions you make today will determine your opportunities of tomorrow.

trained to be an employee
Trained to be an Employee
  • It’s the way of the world…you work for an hour and you get paid.
  • Unfortunately, this is a system that leads to frustration and disappointment.
  • What if there was another way?
  • First…a couple of video clips
    • (time permitting)
secret to financial independence

BUSINESS

OWNS A SYSTEM

HAS OTHERS WORKING FOR THEM

UNLIMITED INCOME POTENTIAL

MANUFACTURING, MARKETING, ETC.

EMPLOYEE

HAS A JOB

INCOME BASED ON POSITION

NOT THE PERSON

SELF EMPLOYED

OWNS A JOB

DENTIST, DOCTOR, LAWYER,

HAIR STYLIST

REAL ESTATE AGENT, SALESPEOPLE

Secret To Financial Independence

25-30 Years

INVESTOR

HAS MONEY WORKING FOR THEM

ENJOYS COMPLETE FREEDOM,

LIVES THE DREAM

5-15 Years

slide29

The Right Vehicle!

The “vehicle” you choose will determine where you go in life.

slide30

Contact Information

If you have any questions, please feel free to call:

Michael Overstreet

(409) 860-9200