How to be a millionaire with minimal risk and effort

>put 500 in an index fund every month (automate this step)
>forget about it
>earn 10% annual interest
>30 years later, you're a millionaire
Yep, it's that easy. No FOMO, no FUD, no checking charts, no stress etc.
Just live your life while the money grows.

t. ex crypto bro

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Based and boomer pilled.
Seriously though, if want to gamble with crypto on the side, fine. But if your not putting most of your money in ETFs and blue chips you are clinicly retarded and deserve to lose everything.

I put 2000 usd to QQQ every month and dca little to crypto. Sometime buy some blue chips

I do that but with TQQQ and SOXL...
Want to buy TQQQ leaps for my infant

For me, its AEDMX

Yes you will be a millionaire in the time that 1 million is worth 300k

literal facebook boomer tier advice

You don't consistently get 10% apy on an index fund. Even if there was a consistent 10% growth you won't become a millionaire in 30 years.
TQQQ is too risky to put everything in. It's x3 leveraged so you can lose everything if there's a 33% one-day drop.

Compound interest and sometimes market sky rockets and it compounds 20% over a couple years. It's better than just saving your money. Its all relative. I think keeping 100k in your checking account is dumber than keeping it in the spy. It's low tier basic advice. If you want more complicated shit it's out there, some don't.

>You don't consistently get 10% apy on an index fund. Even if there was a consistent 10% growth you won't become a millionaire in 30 years.
Googles avg return on stock in last 100 yrs... Please just kys and die

years later, you're a millionaire
30 years later your million dollars is really only worth 250k bc inflation

>You don't consistently get 10% apy on an index fund.
You will most likely earn much more than that, right.
>Even if there was a consistent 10% growth you won't become a millionaire in 30 years.
You literally will, retard. After 30 years you have 1.039MM.

I want to become financially free in 5years not 30. If it takes gambling on shitcoins, I will do it

Nah I'll just buy Bitcoin and be a millionaire in three years instead of 30.
Good luck with your boomer stocks I'm sure it'll help you afford your hip replacement when you're old and decrepit.

>t. ex crypto bro
this means nothing retard why are you saying it
you trying to be "in the group" by pandering to us?
how do I know you're not a shill now, pandering shill retard

Slowlane mindset

And seeting in 30y that you still have nothing and I will have millions. Started this approach 10 years ago, still 20 to go before i'm a millionaire

I wonder what $1M USD in 2052 will be worth, if it's even still around after Great Reset, Cyber WWIII, Deagle population drops, and all that other fun stuff on the hebrew calendar.

And all you need is for the US economy to perpetually increase in value without the currency becoming worthless! After all, it made it this far, its basically programmed to go up forever

Sure would be a shame if your country collapsed

In 30 years I'll likely have erectile dysfunction so what's the fkn point then???

>I want to become financially free in 5years not 30.
No, that's your fantasy. Might as well just buy lottery tickets.

Based. If I were to never invest again and just let my portfolio grow with 10% APY, I will be a millionaire after 26 years. By investing 500/month, I have 21 years left.

Feels really comfy, I don't need that million right now anyway.

>After all, it made it this far, its basically programmed to go up forever
It literally did for all of history. And my fund is not US only.

Stop fapping to porn then, disgusting coomer.