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Welcome!!

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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Welcome!!

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  1. Welcome Central HS! Welcome Central HS! Welcome West Brook HS! Welcome West Brook HS! Welcome!!

  2. Become a Millionaire?

  3. 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?

  4. 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.

  5. What are the rules? “How Money Works”

  6. 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

  7. 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

  8. 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%

  9. What is Safety? 1940 2012 …a 90% LOSS!

  10. $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

  11. Diversification Energy Technology $2 Billion Finance Retail

  12. 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

  13. 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?

  14. If you know the rules... $1.28 per DAY!

  15. What is the REAL Cost? Coke $.50 = $2,082 Movie $7 = $4,625 CD $15 = $86,043 $15,418 Stereo Shirt $279 = $50 = $170

  16. 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

  17. 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

  18. It Pays to Start Early! At a 10% Rate of Return

  19. Know the Rules! I. Know how money works

  20. Know the Rules!

  21. Know the Rules!

  22. Know the Rules!

  23. 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

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

  25. 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)

  26. 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

  27. The Right Vehicle! The “vehicle” you choose will determine where you go in life.

  28. Contact Information If you have any questions, please feel free to call: Michael Overstreet (409) 860-9200

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