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Weston Smith

๐Ÿ‘ค Speaker
See mentions of this person in podcasts
944 total appearances

Appearances Over Time

Podcast Appearances

Digital Social Hour
Westin Smith: Investing Secrets That Could Make You $18 Million From $100k | DSH #1626

Yeah.

Digital Social Hour
Westin Smith: Investing Secrets That Could Make You $18 Million From $100k | DSH #1626

I mean, nobody says you got to go balls deep and do a million dollars right away.

Digital Social Hour
Westin Smith: Investing Secrets That Could Make You $18 Million From $100k | DSH #1626

Start with 10K or whatever.

Digital Social Hour
Westin Smith: Investing Secrets That Could Make You $18 Million From $100k | DSH #1626

And again, that firm is really good to work with because they can roll over 401ks.

Digital Social Hour
Westin Smith: Investing Secrets That Could Make You $18 Million From $100k | DSH #1626

They can roll over IRAs.

Digital Social Hour
Westin Smith: Investing Secrets That Could Make You $18 Million From $100k | DSH #1626

So whatever you have in those accounts, imagine making 60% every single year compounded.

Digital Social Hour
Westin Smith: Investing Secrets That Could Make You $18 Million From $100k | DSH #1626

Well, it'll 60K the first year.

Digital Social Hour
Westin Smith: Investing Secrets That Could Make You $18 Million From $100k | DSH #1626

The next year, you're investing 160K, so it's going to be like 230K or something.

Digital Social Hour
Westin Smith: Investing Secrets That Could Make You $18 Million From $100k | DSH #1626

Holy crap.

Digital Social Hour
Westin Smith: Investing Secrets That Could Make You $18 Million From $100k | DSH #1626

And if you do the math, if you invest 100K after 10 years, you'll have about $18 million.

Digital Social Hour
Westin Smith: Investing Secrets That Could Make You $18 Million From $100k | DSH #1626

No, that doesn't factor in inflation or taxes.

Digital Social Hour
Westin Smith: Investing Secrets That Could Make You $18 Million From $100k | DSH #1626

But, yeah, if you put it into investmentcalculator.com, $100K one time, no additional contributions every single year, just have a compound, that's $18 million.

Digital Social Hour
Westin Smith: Investing Secrets That Could Make You $18 Million From $100k | DSH #1626

So you could get real fancy with this.

Digital Social Hour
Westin Smith: Investing Secrets That Could Make You $18 Million From $100k | DSH #1626

Again, companies that I partner with, they offer business and personal 0% interest cards.

Digital Social Hour
Westin Smith: Investing Secrets That Could Make You $18 Million From $100k | DSH #1626

That is truly free money.

Digital Social Hour
Westin Smith: Investing Secrets That Could Make You $18 Million From $100k | DSH #1626

Yeah.

Digital Social Hour
Westin Smith: Investing Secrets That Could Make You $18 Million From $100k | DSH #1626

And or more if you can show like profit from a business, half a million plus.

Digital Social Hour
Westin Smith: Investing Secrets That Could Make You $18 Million From $100k | DSH #1626

So absolutely.

Digital Social Hour
Westin Smith: Investing Secrets That Could Make You $18 Million From $100k | DSH #1626

I highly, highly am an advocate for good debt.

Digital Social Hour
Westin Smith: Investing Secrets That Could Make You $18 Million From $100k | DSH #1626

Robert Kiyosaki is a genius.