• Ep: 193 - Breaking the Myth: You Don't Need to Be Rich to Invest

  • Nov 11 2024
  • Length: 9 mins
  • Podcast

Ep: 193 - Breaking the Myth: You Don't Need to Be Rich to Invest

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  • Summary

  • In this episode of Money Grows on Trees: The Podcast, host Lloyd Ross dives into the pervasive myth that you need to be wealthy to start investing. Lloyd deconstructs this belief and offers practical advice on how anyone can begin their investment journey with even small amounts of money. From understanding compound interest to setting realistic financial goals, this episode provides actionable steps to secure a financially stable future. Timestamps and Key Sections: 00:00 Feeling excluded from investment opportunities due to finances. 05:11 Small savings invested grow to $1,000,000. 06:18 Start small, reap bigger financial harvest later. Who is The Millionaire Money Mentor, Lloyd Ross: Lloyd James Ross serves as the Founder and Director of Money Buys Happiness LLC, a prominent company specializing in financial education, coaching, and engaging events. With a remarkable track record of entrepreneurial success spanning various industries, Lloyd has attained the highest echelons in both network marketing and digital marketing. He is celebrated as a 2-Comma Club Award Winner by Clickfunnels.com and holds the distinguished title of Legacy Club Millionaire with Isagenix LLC. Moreover, he’s the esteemed host of the critically acclaimed podcast, “Money Grows On Trees,” which boasts over one hundred 5-star reviews, and aims to achieve one million downloads by the end of 2024. Lloyd is a seasoned international platform speaker, captivating audiences of 7,000+ worldwide with his inspiring keynote presentations. Beyond his professional endeavors, Lloyd is a devoted husband to his beloved wife, Alisha, and proud father of a charming sausage dog named Elvis. During his leisure moments, he immerses himself in writing books, globetrotting, and skillfully managing a personal multi-million-dollar share portfolio. For more insights into Lloyd’s world, explore his latest book at 👉 http://moneybuyshappinessbook.com You can also tune into his award-winning podcast on Spotify here 👉 https://spoti.fi/3KLSsvg Stay updated with his adventures on Instagram by following @lloydjamesross. Key Takeaways: Investing is Not Reserved for the Wealthy- Anyone can start investing with small amounts. Be-Do-Have Mindset- Approach investing with the mindset of being wealthy now through small habits. The Power of Compound Interest- Small, regular investments can grow significantly over time. Real-Life Application- Techniques to find extra money to invest from daily expenses. Resources and Links: - Explore Lloyd’s insightful books: Money Buys Happiness Book Spotify Review SEO Keywords: Money lessons, practical money advice, investing, financial goals, entrepreneurship, money mindset, wealth building, financial future, start investing, compound interest, S&P 500 index, financial security, financial independence, small investments, rich mindset, money habits, saving money, micro investing, dollar-cost averaging, money management, investment risk, financial literacy, stock market, real estate investment, cryptocurrency, money tree, financial stability, long-term investing, personal finance, millionaire mindset, financial growth. ~~~ The material in this publication is of the nature of general comment only and does not represent professional advice. The author does not hold an Australian Financial Services License and is not licensed to provide financial advice. As such, this material is not intended to provide specific guidance for particular circumstances. It should not be relied on as the basis for any decision to take action or not take action on any matter it covers. Listeners should obtain professional advice, where appropriate, before making any such decision. To the maximum extent permitted by law, the author and publisher disclaim all responsibility and liability to any person, arising directly or indirectly from any person taking or not taking action based on the information in this publication This podcast is produced by Phil Better Inc.
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