Owen Rascovitch
π€ SpeakerAppearances Over Time
Podcast Appearances
Don't even try to do it quickly.
Just try and get rich.
That should be the first goal.
Okay.
So why should someone start investing now?
And so we're talking about retirement, but it's not just retirement, is it?
I suppose you don't have to be 50, 60 odd to get the benefit of it.
What would you say to someone who says they don't have enough?
Cool.
I think there's a quote that says the best time to plant a tree was 20 years ago.
The next best time is today.
Yeah.
One of the little case studies or little scenarios that we just did or we just put together was used one of the calculators which you can access on our site or on the Money Smart site.
I mean, the RAS Finance site, there's a compound interest calculator there.
Just a little example of someone that saves $50 a week to invest and they invest it at 10% per year and they do that for 30 years.
The question is how much would you have?
So $50 a week, 10% return, 30 years.
The answer is around about $428,000.
So $50 a week.
It's not a lot for some people.