How To Make Your Child To Be A Multi-Millionaire

Here’s a way to secure your baby’s financial future.

Invest P10 a day. From the day you give birth, all the way till your child turns 18 years old.

Can you do that? That’s only P3,650 each year for 18 annual contributions. Invest this amount in the stock market and make it grow at 12 percent a year.

What will happen?

By 18 years old, your kid will have P203,480.

“That’s nice. But nothing impressive”.

Wait. I’m not finished yet. Let that investment keep multiplying year after year after year. By the time your child reaches 65 years old, she’ll have P40 million.

Wild.

You could also do this: Let Lolo or Lola give a one-time gift of P27,000 to the baby in the first month of his life. Invest it in the stock market. And the result will be the same: P203,480 when he reaches 18 and P40 million when he reaches 65.

Crazy but true.

That’s the magical power of compounding.

Happy investing.

P.S. If you want to teach your child to invest, click here.