We are going from strength to strength at adamfayed.com, having a record year in 2020, after huge increases (records) in 2018 and 2019.

Yet not every year in business, or life, has been easy. In the video below I speak about how I dealt with such times, and some tips I learnt:

To subscribe and see more click here. Recent videos have discussed matters such as:

- Why favour fortunes the brave in business and investing – especially when others aren’t being brave.
- Will the UK bring in a wealth tax in 2021 or later?
- What’s my review of Interactive Brokers for expats?
- What trends could we see in 2021?
- The high street is a declining space it seems. Which industries will be growth areas next year and indeed in the next decade?
- Argentina’s new wealth and expat tax
- The Dow Jones at 30,000
- Is it really true that the Japanese stock market, the Nikkei, has performed incredibly badly over time?
- Is TransferWise a good option for you and your business?
- What would I do if I was 17 again?
- Should UK expats invest privately or through National Insurance?
- What side hustles exist for teenagers and young adults?
- Why should all people do a job they hate once in their life?

**Further Reading **

In the article below, I discuss:

- What are inverse ETFs in 2021? What are the best inverse ETFs in 2021 or beyond? I explain below why the answer is……none of them!
- If you invest $1,000 a month into the stock market every month, how long until you can become a millionaire? You might be shocked by the answer to this one, and the maths behind it!
- Are technology stocks more volatile than normal stocks? Is this volatility a problem if you are a long-term investor? Also, should we make a clear distinction between individual technology stocks and the Nasdaq as an index, which is tech-focused?

**Below is a preview of one of the answers**

I will give you some maths/statistics later on which will shock most people…..even some people who have read a lot about investing.

Before doing that, it has to be mentioned that the answer depends on the following variables:

- How the stock markets perform? You can’t control this one and nobody can predict this for sure.
- More specifically, which years market perform after you get started. More on that below.
- If you are looking at $1million in nominal terms or real terms after inflation.

**Let’s take the S&P500 as an example.** It has given investors about 11.1% since 1950, adjusted for dividend reinvestment.

**That is over 7% per year adjusted for inflation.**

Yet some periods, like the 1990s and 2010-present, are better than that, and some are much worse.

There have been some decades where it has given 0%. Other decades where it has done as much as 16%-18% adduced for dividend reinvestment.

Let’s imagine the S&p500 did exactly 11.1% every year.

**It won’t happen but just let’s do this as an exercise.**

It would take you about 21.5 years in that case to become a millionaire in nominal terms, 27 years to reach 2 million, 31 years to reach 3 million.

It will take you 40 years to reach 8 million and about 42.5 years to reach $10 million.

The speed in which you would accumulate wealth at the later years would accelerate due to compounding.

Of course, if inflation is running at 2% per year, it will take you longer to reach those thresholds.

**However, as mentioned, that won’t happen.**

So let’s look at two different example scenarios to illustrate a point:

**Example scenario 1.**

You invest $1,000 a month consistently with no lump sum injections.

Years 1–5 you get 0% per year.

Years 6–10 you get 2% per year

Years 11–20 you get 17.7% adjusted for dividends reinvested.

In this case you have reached millionaire status in 20 years. 1.5 years quicker than the constant 11.1% example given above.

**Example scenario 2**

You invest $1,000 a month consistently with no lump sum injections.

Years 1–10 you get 17.7% adjusted for dividends reinvested.

From year 11 onwards you get 2% per year

Do you know how many years it will take you to become a millionaire in this situation……37–38 years.

Yes 37–38 years.Almost a decade longer than in example scenario one.

If you don’t believe check out this calculator – Compound Interest Calculator

Here is example scenario one:

To see more click below: