Begin with the end in mind
I have a $100,000 in my savings account and would like to turn that into $448,400 in 5 years. Welcome to the very first Touch of Midas blogpost. To begin, I implore you to think how many millionaires do you know that grew their wealth from mutual funds or savings accounts? Safe to assume the answer to that question is going to be a big fat zero. As much as we like 0's behind our 1's, becoming a millionaire is hardly ever the primary driver, it's what being a millionaire affords. And our goal for you is to entirely eliminate your financial reliance on "work". This way, you can spend your most precious resource: time, on things that bring joy to you and your community. If you're curious how, I would sum it with one phrase, by capturing the magic of compound interest. “Never depend on single income. Make investment to create a second source” - Warren Buffet Let's say your journey for financial freedom starts today and you decide to put your accumulated w