Day 28: The Best Way to Invest Your Money with Dollar Cost Averaging
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This post in particular is not about a side hustle. However, the concept and knowledge that you’ll learn today are so valuable that, even without a side hustle, simply practicing this method could lead you to be a millionaire.
Now, don’t click away if you’ve never invested before. I promise it is not as scary and foreign as it may seem. The type of investing we are talking about today is much smarter and safer than the investments you’ve probably heard of like real estate, day trading, or stocks. This type of investment has the highest chance of making you a millionaire.
I will say that while on my journey to becoming a millionaire before age 30, there were parts that I got lucky. There are also parts where I worked hard and made smart decisions. Hopefully, after reading this post, you will be able to walk away and make the same intelligent choices I did that got me to where I am today.
If I didn’t implement this concept into my side hustle years ago, I would be broke. I might have had a lot of flashy things but I would still be living paycheck to paycheck. The moral of the story is that, in my lifetime, I am going to make a lot of money — I already have. That being said, this strategy will make me more money passively than I could make actively. How, you ask? Well, today I’m going to teach you how to make your money make money for you. Sounds pretty cool, right?
Disclaimer: Because I am talking about money, I need to make it clear that I am not a financial advisor; I am not certified by any financial board. Please take this information at your own risk as I am simply speaking from my own experiences. My experiences come from being broke and learning how to make money through trial and error in hand with reading a variety of books along the way. If you’re okay with this, please continue. If this bothers you and you’d rather learn from a certified advisor, then please ignore this post.
The Strategy
Right now, especially, the market is going crazy (at the time I’m writing COVID is happening). Regardless, this is the only…