How Can You Invest When Everything Is So Expensive? (Episode 87)

Investing is a crucial part of building long-term financial stability. Student loan borrowers are often overwhelmed by their debt and think there’s no way to free up cash for investing. You should invest even if you have student loan debt that tops $500,000 or more.

And our flagship course, Six-Figure Debt to Six-Figure Net Worth, will walk you through how to do it. It’s the only course I know that teaches you how to invest when you have a lot of student loan debt.

There’s a catch: The course is only open for enrollment today, July 28, 2020, and tomorrow. On July 29 (tomorrow) at 11:59 p.m., the course will close.

Here’s a look at how the course can teach you to invest and transform your life, even if you’re saddled with student loan debt.

Investing during periods of uncertainty

Back in February, the stock market was about to hit 30,000 in the Dow Jones. The Dow Jones Industrial Average is the most cited statistic with what the stock market did that day. It includes 30 of the largest companies and gives an average performance rating.

The high didn’t last long. The stock market dropped 30%, and I think it was the fastest 30% fall in history. However, it also had a quick rebound. The Dow Jones is at 26,000 to 27,000 in July, which is close to the all-time highs.

Still, people are being laid off, getting widespread cuts to pay rates, and being told the company 401k match is being suspended.

With the economic crisis of the pandemic seemingly getting worse, how is the market performing so well? And if you have some savings, how do you put it into the market with so much financial uncertainty?

Stock market performance during the pandemic

Let’s look back at what happened with the economy in financial markets from the beginning of the pandemic until now. In March, we had a contraction in revenues and business activities with a financial crisis.

It was like combining what happened in 1918 with the recession in 2008. I don’t know if you remember, but there was an enormous amount of volatility in March and April. It was normal to have the market swing 5% or more in a day. It was so volatile that companies in financial markets couldn’t make any plans at all. I’m especially attuned to student loan refinancing, and several companies stopped making loans because they had no idea how to price interest rates in the middle of such volatility.

The federal government passed the CARES Act to stimulate the economy and keep it from cratering into a great depression.

Then, the Federal Reserve stepped in and created a “shock and awe” effect by buying trillions of dollars of assets it’s never bought before, like corporate and municipal bonds. This is interesting to me because I used to be a municipal bond trader. I bought and sold municipal bonds for one of the world’s largest investment companies, so I know that municipal bonds are generally bought by individuals – not by large corporations or government entities.

Can you get wealthy one day?

Spoiler alert: yes, you can.

The trouble is, you can’t predict how the market will perform and react. The way around that is to use market capitalization-weighted investing. The Six-Figure Debt to Six-Figure Net Worth dedicates a module to this idea to teach you how to become wealthy when you have a lot of student loan debt.

To build the house of your future wealth and security for your family, you need to have a foundational knowledge of investing. One of the foundations is market capitalization-weighted index funds. With these, your investments will be a proportional share of all the different companies in the economy. You’ll feel the pain when the stocks go down, but you’ll take part in the growth when one company explodes out of nowhere as Amazon did.

Where should you invest your money?

Many people know that index funds are an excellent investing tool. The problem is knowing which index funds to choose. You must also know how to put your money into the index fund and optimize that investment for taxes, so you pay less in taxes than the person who didn’t take our investment course.

It starts with a brokerage account. While retirement accounts like 401ks have a cap on how much you can invest each year, brokerage accounts are unlimited. You can put as much in the account as you want. If you save enough? You could be able to retire before you become eligible for an AARP membership.

Smart tax strategies, like tax-loss harvesting that you’ll learn in Six-Figure Debt to Six-Figure Net Worth, can help you get there. When you tax loss harvest with your brokerage account, you can rapidly grow your wealth – quicker than if you just used your standard 401k retirement account.

The course will teach you what you need to know about investing to give you confidence in your plan. Then, you won’t feel scared because the stock market is ridiculously high, and your plan won’t get derailed because of whatever is happening in the economy.

The building blocks to wealth

When you learn the order that everything needs to happen, you can build wealth much more quickly. The Six-Figure Debt to Six-Figure Net Worth course helps you get there by answering questions like:

• When do you do the emergency fund?
• When do you open the brokerage account?
• How much do you put in?
• What funds do you choose?
• How do you know how much money you could lose?
• What do you do if you lose money in the short term?
• How do you avoid losing money long-term?
• How can you turn a short-term loss into tax savings?

Instead of paying a financial planner $20,000 per year, which you’ll pay if you have a couple of million dollars invested, you can learn how to do it yourself for a one-time fee of $399 when you buy our investing course.

You can have a six-figure net worth

The difference between student loan forgiveness happening or not happening is nothing compared to saving and investing well for your future. If you do a good job of saving and investing for your future, you can shave off 20 to 25 years from your required working career. I’m not talking about early retirement – that’s something some people are into, but some aren’t.

What counts is this: do you have to do what you do for financial reasons?

The goal is to reach a level of financial security, which I’m defining as a six-figure net worth for purposes of our investing course. Once you have a six-figure net worth, you won’t worry about your student loans anymore.

If that sounds good to you, sign up for our Six-Figure Debt to Six-Figure Net Worth investing course. It’s only available for a limited time. The course closes at 11:59 p.m. on Wednesday, July 29, 2020.

And if you change your mind, we have a seven-day, no questions asked, money-back guarantee.

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