Invest in this if you’re in your 20s

We talked about investing and the foolproof way to become a millionaire in a previous issue. Investing in the S&P500 (500 biggest publicly traded companies) accomplished this.

Today there’s another powerful lesson of becoming rich and financially free (Shoutout to Alex Hormozi).

It’s investing in the asset with the biggest potential that you have control over…

Investing in yourself.

Especially for us guys in our 20s, this investment will have the biggest ROI (return on investment).

The idea is that we don’t invest in the beginning to receive annual returns on our money. Instead, we invest to increase our earning ability.

The thing is that once you learn certain skills to make more money, you will have them for life.

To make the concept more clear again let’s look at the following example:

John is a salesman that makes €50.000 per year. He invests €1000 every month in the S&P500. Let’s say he earned around around a €1000 from profits of his investment. Pretty good.

Hank is another sales making €50.000 per year. He invests €1000 every month in courses to improve his sales skills and which enables him to make €70.000 a year.

Hank increased his earning capacity by €20.000 per year. The beautiful part: he will continue to make this 20k extra year over year.

The concept teaches you to not be afraid to invest in courses and coaching to improve yourself. Invest in yourself to become a better salesman, entrepreneur or professional.

The last thing is that these skills will make you bulletproof. If you were to lose all your money, you know how to make it back. Nobody can rob you of your skills.

Keep improving 👊

Ivan