Why do most people get rich after the age of 40?
Why are there so many young people getting rich in the cryptocurrency world?
Whenever I see a beautiful and enthusiastic young lady fall in love with a man over 45 years old.
The young lady would rather choose an uncle who is much older than herself than a young one. Many people think that the young lady is materialistic.
After experiencing more, I realized that at a certain stage in life, the charm of youth cannot compete with the gentleness of wealth.
It turns out that the uncle was attacking from a lower dimension.
I also realized that people’s charm is mainly the charm of money.
I finally came to realize that if a man wants to acquire the kind of charm that women like, it is useless to learn how to dress, talk, or use conversation skills.
I have seen many young men spend a lot of money learning how to chat, various routines and tricks in order to win the hearts of young ladies.
I know they are all on a useless path. Methods and techniques are the most vulnerable.
The most useful thing is to learn how to make money and make money. Becoming a rich uncle will bring you all kinds of charm.
I have strayed off topic again. I was writing about big pie investment, how come I am talking about young ladies again? I can’t help but talk about it.
Because a friend talked to me about the relationship between men and women this morning. My answer is to work hard to make money. The answer to the problem is not in your skills but in your ability to make money. There are enough of those things, and many problems are not problems at all.
Have you ever thought about why most rich people become rich after the age of 40?
I pondered over it for a long time and finally understood it, because this is also the law of the world.
You might as well listen to my logic first.
The most powerful person in the world who creates wealth through investment only has an annualized return of 25%. This means that 25% net profit is the ceiling for all businesses.
This means that no matter how smart or capable you are, it is impossible to run a business with an annualized return of more than 25% for a long time.
Then a person usually starts working at the age of 25. He works for 20 years until he is 45. The income from 20 years is actually 100 times.
10 times is a starting point of hope, so the first 10 years are crucial, and the next 10 years determine the development of the rest of your life, because 100 times is really a world-changing event. With 100 times the assets, you basically have no worries about food and clothing, and 4% in the bank is enough to cover your life. You basically have achieved duty-free freedom in life.
This means that no matter how capable a person is, he still needs 100 times the income to become a truly rich person.
Making money is the accumulation of work ability, time, luck, and experience.
So when you are 45 years old compared to 25 years old, all your abilities will basically be magnified 100 times.
If you don’t believe it, you can ask people over 45 what they were doing and what they thought when they were 25.
For example, you may save 50,000 yuan a year when you are 25 to 30 years old. If you start a business, the business will continue to expand, and the capital will continue to increase by 25% per year. Then by the age of 35, you will basically have a certain amount of assets, and the business will have expanded 10 times.
100,000 will become 1 million. 1 million will become 10 million.
The age of 35 is just a peak period of growth, so the next 10 years are the 10 years of explosion.
35-45 years old, this 10-year 25% annualized, added to the previous 10 years. 10 million can become 100 million,
This is the rule for most people to get rich after the age of 40. It just takes a lot of time.
Today I am still talking about coins. The annualized return of Bitcoin is actually 50% in the long run. The annualized return of the blockchain industry is also 50%.
That's why so many people are rich at 35 now, it doesn't take 20 years, because 4-8 years is enough.
Anyone who has produced 4-8 in this industry will be rich, usually between 29 and 35 years old. If you haven't, then quickly subscribe to my community. What are you waiting for?
There must be something wrong, either the logic is wrong or the method is wrong.
Because most people graduate at the age of 24, and then join this industry. After 4-8 years of development, 10,000 can become 250,000. 100,000 can become 2.5 million.
Now young people graduate and work for a few years to earn 50,000-100,000 yuan. So at this time, if we start from 100,000 yuan, it can become 2.56 million yuan. This is the benefit of developing in this world.
In other words, as soon as you graduate, as long as you work in this industry, even if you don't know anything, you can turn 100,000 yuan into 2-3 million yuan.
But if you work harder and earn more than 70%, then it won’t be difficult for you to become a millionaire by the age of 35.
This is the law of the world. The development of the industry is not subject to human will.
It’s not because you are particularly smart that you earn a lot of money. The fundamental reason is because of the dividends brought by the development of this industry.
If the industry itself is not good enough, it would be useless for any smart people to come.
No matter how talented a person is, he can't make something that is not good become good. A talented person can only make something that is already good become even better.
Please remember this sentence. You will not choose the wrong industry. If you choose it purely for making money, then some choices are destined to make no money.
I have said before that the profit from e-commerce customer service cannot surpass that from operations.
Young people choose to hoard Bitcoin, and by holding Bitcoin for 8 years, their asset returns can reach 50-100 times. This is completely in line with the development law of this industry.
People who work in the real economy or invest in traditional finance tend to be wealthy after the age of 45.
People who work in e-commerce generally become rich after the age of 30.
Most people who work in blockchain are rich after the age of 28.
So which industry would you choose?
I believe that this day will come. All the luxury goods in the world that can bring a halo to people will go out of business and become undifferentiated industrial products. I didn’t dare to think about it before, but now there is a technology that can solve the needs of luxury people.
Unless these luxury companies transform into NFTs, I believe they will definitely do this.
Because these bags, watches and other things will break, will be corroded by time, and because of the pain point of counterfeit goods. Even if you are real, people may say you are fake. Because even if you have these and drive a luxury car, it cannot prove that it is yours.
These things that represent personal values and aura are not unique either.
But if you have an NFT, such as a boring ape avatar, such as a monkey with a sword. Then you are you, unique, and unique in the world. Your light will be passed down forever. You only need such an NFT to represent your identity. Other things can be faked, but this cannot be faked.
As soon as you appear on the stage, the BGM starts playing automatically, and everyone knows that the big boss is coming.
Everyone has the need to be vain or to represent their own personality.
NFT takes the vanity and individuality needs of human nature to the extreme.
Although you spent money to buy this NFT, this money will not be wasted. If you own it, you will have this aura and vanity.
People buy Ferraris because they feel good and comfortable to drive. Of course not. They buy them for their personal needs, vanity needs and social needs. The most important thing is the feeling of others staring at you.
It’s all about that feeling.
But if you buy a car, it will be worthless if you sell it second-hand, because it is not scarce. But NFT is unique and will not be corroded by time.
You can pass it on even if you die. As long as the traffic is there, the value is eternal.
If you want to lose the aura of owning this NFT, you can immediately sell it to someone in need at a high price.
There is no need to buy luxury goods to show off your status anymore. The halo of all luxury goods in the world may be defeated by NFT.
Many people don’t understand NFT, but many young people do.
In the future, young people will engage in NFT-related industries.
They may be rich after they turn 26.
