You can also listen on Spotify, ApplePodcasts, and Stitcher.
Episode Summary:
In this episode of the 5 Year Millionaire Podcast, I explained how the stock market can really stretch your mindset and allow you to see that you are capable of reaching dreams you never thought were possible.
I start out with the quote: "The mind is like a rubber band. When it is stretched, it can never go back to its original state." This is something I really resonate with because it resembles my journey so far in the stock market.
When I first started out investing, as a 21 year old college student who already took a loss after trying to invest $2000 elsewhere, I never would have thought that the stock market would get me to where I am today. It definitely wasn't because I didn't believe I could do it, but it was because my mind didn't even know that was a thing I could do. After watching the stock market take my $10,000 student loan and triple it to where I started, it only opened my mind up to what else was possible.
I have quite a few eye-opening moments throughout my journey, and each time it only expanded my mind further to what else I can use the stock market for. If it wasn't for me realizing I can use the money I get from the stock market and put it towards things I didn't think where possible, I wouldn't be where I am at today: like buying a Lexus, my first home, my second home on the lake, paying off my 30 year mortgage in 2.5 years, buying a Ferrari, etc.
I don't say all this to brag and say I got lucky with the stock market. I share my story so that other people can realize that it's not a game of luck. It's about knowing what you are doing and using the right strategies so that you can have these pivotal, eye-opening events too.
We want to see you with us. Join me in this episode to learn about the endless opportunities that the stock market can bring you (even if you're a broke college student like I once was).
Video Version:
Time Stamps:
[00:00:00] Powerful quote about the elasticity of mind.
[00:05:05] Working for free increases awareness of opportunity.
[00:08:41] Experienced change, gained success, expanded mindset.
[00:09:24] Realized education doesn't guarantee financial success.
[00:13:28] Bought Lexus GS 300 despite peer pressure.
[00:15:53] Stock market success allows early luxury living.
[00:21:41] Inspiring message about documenting history for future.
[00:22:27] Made $100,000 in a day, life-changing.
[00:28:27] Power Trades University empowers people to succeed.
[00:29:26] Financial stability, career success, and support system.