In partnership with

_{Exploring the wealth multiplier, essentialism, and setbacks}

Happy Thursday! Thanks for reading Intentional Dollar — where we look at old money ideas through a new perspective.

What’s inside?

• One tool to experiment with

• Two quotes from others

• Three questions to dig deeper

• Four lines of poetry for the point

Disclaimer: This is not investment advice. These weekly posts represent my simple thoughts, a few quotes, and some questions — for educational purposes only.

Steal our best value stock ideas.

PayPal, Disney, and Nike all dropped 50-80% recently from all-time highs.

Are they undervalued? Can they turn around? What’s next? You don’t have time to track every stock, but should you be forced to miss all the best opportunities?

That’s why we scour hundreds of value stock ideas for you. Whenever we find something interesting, we send it straight to your inbox.

Subscribe free to Value Investor Daily with one click so you never miss out on our research again.

_{One tool to experiment with:}

The Wealth Multiplier

“Start saving when you’re young and let time work for you.”

You know that it’s better to start earlier, and maybe you’ve heard this line before, but how can you quantify starting earlier? What’s it worth each year on the saving journey?

To answer these questions, we turn to the wealth multiplier.

Brian and Bo at moneyguy.com put together a tool they call the wealth multiplier. It shows the hypothetical age-65 value of $1 invested at each age from 0-65.

In other words, the wealth multiplier answers this question: if you invest $1 today, how much could it be worth when you turn 65?

Using the assumptions they’ve built into their multiplier, here are a few of the key milestones and multiples:

When we read between the lines, we will find that the wealth multiplier illustrates the power of time to the positive and negative.

When you’re 25 years old, your dollars could become ~44x what they are today. Each $10/week is building you ~ $440/week of future wealth. Crazy.

But if you defer and wait until 30, if you wait until you think things will feel calmer, until you think you’re more established, you go from 44x to 23x.

23x is no small multiplier. But, those 5 years of deferral cost untold amounts of future money. Time is a double-edged sword.

A few observations from this:

Things will never feel calmer, so start now and grow as you can.

23x is still a massive multiplier to grow your dollars, but it creates more work for you to catch up.

Starting at 30 is better than starting at 35, which is better than starting at 40.

Today is a valuable day to invest your money when you have a long-term view.

If you would like to see specific ages and the return assumptions used, click on the bonus article link below.

_{Two quotes on essentialism:}

Greg McKeown wrote a rich book about reprioritizing the essential and establishing clear boundaries against all non-essentials — which are most things we encounter.

_{Three questions on setbacks:}

1. What opportunities now exist because of this setback?

2. What series of actions led to this current setback, and what’s avoidable going forward?

3. If my friend experienced this setback, what would I say to them? How would I help them?

Which question stuck with you? Questions like these are spotlights for the mind. Reply to this email and let me know which one shined light on a previously dark cave.

_{Four lines of poetry for the point:}

Contact Me:

Content ideas, questions? Reply to this email or reach out to me at [email protected]

Disclaimer: This is not investment advice. These weekly posts represent my simple thoughts, a few quotes, and some questions — for educational purposes only.

Maximize Your Portfolio with These Free Daily Trade Alerts

• Master the market in just 5 minutes per day

• Hot stock alerts sent directly to your phone

• 150,000+ active subscribers and growing fast!

Join for Free