In this article,Wayne Mulligan the Founder and CEO of Crowdability explains how a unique investment strategy could add an extra $13,326 to your bank account each month. When I ready this I was intrigued and wanted to share with my readers and I think what is contained therein affects everyone not only in America but worldwide. The article may be one year old, but the content remains valid even today!
I wanted to begin today’s article with a question:
How much do you earn each month?
It doesn’t matter if you’re still working or you’re retired. Whichever group you fall into, keep that number in mind…
Because in a moment, I’ll explain how a unique investment strategy could add an extra $13,326 to your bank account each month.
Our Biggest Problem
For the last two weeks, we’ve been using these articles to discuss one of the most critical issues of our time: America’s retirement crisis.
As you’ve learned, most current and future retirees aren’t financially prepared.
As we explained, in order to live a comfortable retirement, it’s estimated that you’ll need a nest egg at least $1 million.
But in a survey we conducted with Crowdability readers last month, 90% of respondents said they have nowhere near that much.
In fact, multiple studies have shown that the majority of Americans over 50-years-old have saved less than $50,000.
The only good news here?
Once you acknowledge there’s a problem, you can start to come up with solutions.
One Simple Solution
Yesterday, Matt showed you a simple solution to help boost your nest egg.
As he explained, by adding just a small amount of early-stage, private market investments to your portfolio, you could essentially double your overall returns.
This is a powerful technique for growing your wealth far more quickly than other investors. It’s also why we spend so much time writing about early-stage investing.
But that’s not what I want to talk about today…
Today I’d like to show you a different strategy for living a more comfortable and secure retirement.
It’s a unique investment strategy that could add an extra $13,326to your bank account month after month.
Let me explain…
More Than One Way to Skin a Cat
In Matt’s first article on this topic last week, he explained that the average person needs $5,000 a month during retirement for basics like housing, food, medical bills and a bit of travel.
If you expect your retirement to last 20 to 30 years (and many experts now predict it could last even longer), you’ll need a sizeable nest egg to last you through those years—again, you’ll need roughly $1 million.
Sure, you can aim to grow your wealth more quickly with early-stage investments…
But what if:
- You don’t have much time. Maybe you’re close to retirement now, or you’re already retired; or
- You don’t have much money to start with. Even with above-average returns, if you’re starting from scratch, it takes time to build a nest egg.
What should you do then?
Well, as my grandfather liked to say, “There’s more than one way to skin a cat.”
While we focus much of our time (and capital) on early-stage investments, they’re certainly not the only type of investments we make.
In fact, for the past three years, we’ve invested roughly $458,000 of our own money conducting dozens of “financial experiments.”
Essentially, we uncovered and made investments in dozens of unique, under-the-radar wealth-building strategies…
Strategies that have nothing to do with start-ups or early-stage investing.
To be clear, some of our experiments failed and we lost our shirts…
But others far exceeded our wildest expectations.
For example, our colleague, Ben Schott—who isn’t an experienced or wealthy investor—has been using just one of these strategies to earn about $4,264 per month.
And last month, Matt used one of these strategies to add $13,326 to his bank account:
And to be clear, that wasn’t a one-time thing. This month, he received $11,862 from this strategy. And he’ll continue to receive similar payments month after month.
But the best part about these strategies is that anyone can use them.
Even if you have no investment experience…
And even if you have no money.
Essentially, you can start with $0—and within days, you can start adding tens of thousands of dollars to your bank account.
Revealing Our Results
Again, these strategies are the results of three years of testing and experimentation.
Up until now we haven’t revealed our discoveries with anyone…
But next week, we’ll reveal all the details behind these experiments (and many others) on a live online event we’re calling Crowdability’s Retirement Revolution.
The event takes place next Wednesday, March 29th, at 8:30 PM Eastern (you can click here to register immediately).
Matt and I will walk you through the details of some of our most successful financial experiments…
And most importantly, we’ll show you how you can use the strategies we uncovered for yourself.
You see, we’re going to invite 500 Crowdability subscribers to join us and become part of a group of “Beta Testers”…
Not only will this exclusive group get first access to our new retirement and wealth-building experiments…
But they’ll also get access to all of our proven strategies.
So if you’re interested in having a more comfortable and secure retirement, then click here now to register for next Wednesday’s event »