May 7, 2025
Most people overcomplicate investing and wealth-building.
They’re always looking for:
- The next hot crypto coin
- A “perfect” stock pick
- Some secret magical trading strategy
- The latest get-rich-quick scheme
But they’re ignoring the most powerful force in investing:
The “boring” magic of consistently investing and compounding growth over a long period of time.
When our oldest daughter was born, we were broke.
(Like, really broke!)
But we wanted to financially prepare for her future college opportunities.
So I did some math back in 2004 when she was born…
And figured a nice goal would be to get about $100,000 by the time she was 18.
That seemed VERY LOFTY at the time.
But instead of getting overwhelmed by the big number, I started small.
From when she was born, I put $50 every single month into a 529 college savings account and invested in an aggressive growth stock fund.
That’s all I could afford.
But I committed to investing consistently.
Fast forward to her senior year of high school…
That account value was over $100,000.
Total amount I had invested?
About $15,000!
The rest came from compound growth over those 18 years.
I could’ve told myself, “We don’t have enough to invest, so why bother?”
And if I did, we would have missed out on $85,000 of investment gains to support her in college!
That’s why…
Whenever you want to achieve a certain goal…
Whether it’s about investing, business, or life…
Start here:
- Set a clear long-term goal
- Work backward to figure out the small consistent actions you need to take
- Start NOW (even if it feels tiny)
- Trust the process and be consistent
- Let time do the heavy lifting
Is it exciting? No.
Does it work? Absolutely.
Our daughter now has plenty of funds for college, all while playing basketball and studying business at BYU.
That once “lofty” goal of setting aside $100,000 became a reality, starting with just $50.
So what small, consistent action could YOU start today that your future self will thank you for?
To your ELEVATED success,
Chad
Want to dive deeper into building real wealth through consistent investing? I sat down with Casey on the CASE STUDIES podcast to break down exactly how to overcome the mental barriers that stop most people from starting.
P.S. If you’re an entrepreneur with $25M or more in liquidity and want to make your money work even harder for you–set up a call with my team, and let’s explore new ways to make that happen.
