Tony Robbins: How to Invest Your Way to a $70 Million Retirement Fund | Inc. Magazine

Life coach Tony Robbins, author of the recent book Money Master The Game, talks with Inc. editor-in-chief Eric Schurenberg about how to invest wisely and inspire the people around you. Subscribe to Inc.'s channel, click here: http://www.youtube.com/user/incmagazine?sub_confirmation=1 Click here for part 2 - Tony Robbins: What It Takes to Achieve Financial Security: http://www.inc.com/tony-robbins/wealth-isnt-about-not-working-about-not-needing-to-work.html Facebook: https://www.facebook.com/Inc Twitter: https://twitter.com/Inc G+: https://plus.google.com/+incmagazine/posts Linkedin: https://www.linkedin.com/company/inc.-magazine

Comments

1. The guy that made $14,000 a year and ended up with $70,000,000 must be an idiot!!! It does not matter how much he had.... so what!!! What did he do? Not eat or buy a house for his whole life???? How stupid.... then to have Tony Robbins talk about it..... oh geez!!
2. The fuck is this guy? 10% interest consistently? My ass
3. His like great kali of the market
4. This is the ever legit website where you can invest and earn weekly profit. You will almost not find site like this as I have been scammed many times and fortunately found this website. If you need help I can give you explanation https://resonance-capital.eu/majidqureshi
5. Keep Learning :)
6. This is far from a how to video. It's more about selling a person the idea that you too can become rich even if you work at UPS as a truck driver. It's certainly possible but let's be honest about the facts behind this story. 70 million does little good when you are knocking on deaths door....
7. Thanks Tony. Being rich when I'm old as dirt is great. But does anybody have a formula for being rich while my cock is still useable?
8. He's talking too fast
   I like that in him
9. So, in other words the real story is: Theo Johnson started working for UPS in 1923, and after working for 29 years, retired from UPS with about $700,000 (a nice amount, but definitely not $70,000,000. Then, in the roughly 40 years after he retired, his stock continued to grow.
   So, after a total of 70 years, he may have had a lot of money. No one knows whether it was anywhere near $70M, but it is clear that he did not have $70M when he retired in 1952, and that it took nearly 70 years altogether to get to whatever amount he had when he died.
   
   So, if you are reasonably certain that you will live to be over 90 years old, and you are certain that YOUR company will return 10 or 15% every single year for the next 70 years, then yes, it is possible to get to $70 million by the time you die.
10. Work equals money.
11. >in only 5,000 years you could be a millionaire.
12. I want to see All of Tony's stock trades. Every single one.. win or lose.. and see the results. ?? No ??
13. He says really basic shit like 50 different ways
14. lots of hyperbole here - he said average mutual fund fee was 3%???? maybe in his company! "Today the average fund charges 1.25%, down from 1.28% in 2012 and off from a peak of 1.47% in 2003"
15. he's actually right BUT he's missing some details :
    
    -say the guy actually puts 20% of his 13,000$ a year, that's 2,600$
    -then he makes 20% compound interest year after year, without missing a year
    -1st year : didnt earn anything because he didnt invest at the beginning => 2,600 $
    -2nd year => 5,720 $
    -10th => 67,494 $
    -30th => 3,072,961 $
    -50th => 118,295,347 $
    
    say he was 25 at the beginning ; he has more than 100 M $ by age 75
    
    20% a year with compound interest and "only" 2600$ savings
16. Tony is absolute master at "bullshit speak". Listen to what he's actually saying. He's talking a million miles per hour...... about absolutely fucking nothing at all. Nothing. He's just rambling about 50 different subjects.
17. Did he interview Tony Robbins or David Copperfield? Because that shit about 70 million is magic, it doesn't happen.
18. What a great story. He retired when nothing on his body work.
19. Not good advice if you are a young person today. Yes the power of compound interest is staggering over time. What will treasuries pay over time? Who knows. Deflationary forces can last for decades and even centuries. Ask Japan about that one. Demographics play a key role. They say mom and pop sell at the bottom and buy at the top. Yes they do. Here is why. That is how these large funds exit and enter the markets. They create the top and they create the bottom. Here is what most pundits miss. Stay the course they say. Well "YOU DON"T KNOW" where the bottom and top is because it is a liquidity issue. It never ceases to amaze me the advice that is given by people who do NOT trade for a living.