Hey everyone, welcome to The Plan. This video is going to outline how we’re going to accumulate $250,000 starting with only $250. I’ve personally done this and I’m excited to help guide you along the same path that I took. First, just imagine what life would be like if you had $250,000 in the bank. Imagine the weight of living paycheck to paycheck being lifted off your shoulders. Imagine the freedom of how you could experience not having to just to nitpick every single purchase. How would that affect your family? How would that affect your legacy? Well that is exactly what we are going to accomplish with this plan. We’re going to give you the plan and the tools that you need to achieve success. Now why? Why are we doing this? Because I’ve personally been there. I’ve been so far in debt that it felt like I was drowning.
Waking up each day wondering if life was going to get any better. Fighting constantly with my family and spouse about the bills and being over budget. I literally tried everything to get ahead, but I never could until I finally got to a point where I just screamed out, I work too freaking hard to be this broke. That’s when I discovered the plan, and that’s what we’re going to talk about today. So here’s an outline of the plan.
Step one, we’re going to invest $250 a week. Step two, every time we double our money, we’re going to move the gains from a high risk investment to a low risk investment. Step three is following along with the videos as we accumulate a diversified portfolio equaling $250,000. Sounds easy, right? Well, that’s because it is. Honestly it will work for anyone, but there are some things that you need to know in order to make this plan super simple.
Also, if you can’t do $250 a week, that’s okay. Try to do just $25 a week. You will still get the same results as us, but just 10% of the scale that we are getting. For the purposes of this video and this journey, we’re doing $250 a week because we have to put out weekly videos to keep people engaged and it keeps things interesting, and it also helps show all the different types of investments that we’re going to be investing in and it will give you the knowledge that you need to understand these different investments. So first, before we get started, there’s some baseline assumptions that we need before we can start with step one. So the first baseline rule is that you have to have an emergency fund of at least $1,000, or at least enough in the bank to pay for a major car repair.
You need this cash on hand so that you don’t have to steal from the investments that you’re making in order to pay the bills. The next baseline assumption number two, is that you should not accumulate any more debt. In fact, if you can try to pay it off. So this is another reason why you need to have an emergency fund. That way you stop going into further debt. If you go into further debt while you were trying to invest, you’re negating your results. It’s like trying to dig yourself out of a hole just doesn’t work. And the third assumption is you must intentionally set aside money each week to invest. This means that you need to be intentional about your budget and making sure that you have enough excess cash to invest each week. Now that you have the baseline rules down, we can move to the more juicy stuff.
So the next question that The Plan answers is what we need to invest in. So the first thing is, each week we’re going to invest in a high risk asset such as stocks or cryptocurrencies. And we’re going to use our stock picking tool and are alt coin picker to determine which investments to buy. Don’t worry, we will walk through these tools together. The second thing is determining which assets are safe to store our earnings in, but still give us good returns. For that we’re gonna use our long term investment decision matrix. That’s literally it. It’s so simple a caveman could do it.
Guys, this is the chance of a lifetime. No one else is going to walk with you through from start to finish the journey from rags to riches. When you listen to these billionaires talk about how they made their money, they’re giving you the story after they have already gone through it and they’re giving you that story 40 years later. Things are different now than what they were back then. Investing has changed. Their stories are obsolete because they’re 40 years old. Our journey is going to be fresh and up to date. So don’t sit on the sidelines and miss out. If you choose to do things your own way and not follow The Plan, you’re going to put yourself through a ton of frustration and heartache.
You’ll waste hundreds of hours researching complicated topics when you could have just gotten the information you needed from our plan. Believe me, by using our tools and following our plan, your anxiety and stress levels are going to go way down because you’ll actually have money. No more paycheck to paycheck lifestyle. You won’t be afraid of your boss anymore because when you have money, you will find that no one holds power or influence over you anymore. You’ll have more time with your family. You’ll become an inspiration and role model in your community.
This happens to me all the time, since I achieved a high net worth everyone is always asking me to show them how I did it. That’s why I feel so strongly about showing you my methods. I was the rags to riches story and I want the same for you too. I truly believed that the world is set against the little guy, but with the right tools, even the little guy can get ahead and then teach others how to do it. Okay enough talk. Let’s get started. If you’re still nervous then just keep watching our videos as they come out. Or you can check out our introduction to picking the best stocks video, it’s in the description below. Also, I’ve added a helpful PDF, five key things you need to know before investing, on our website. You can get it by clicking the link in the description below as well. Finally, make sure you stay tuned to the next video. That’s where we’re going to make our first purchase and we’re going to start our journey to $250,000.