Best Way To Make $500,000 In 1 Year

👋Welcome Back,

Hi there, welcome back, I hope you are doing well. Today we will be discussing the best way you can build up to making $500k in just 1 year. If you have a moment please check out the sponsor of today’s post Making Investing Normal, as it helps us out greatly. Enjoy!

Don’t Forget To Read To The End!

Presented By: Make Investing Normal

6 Months $100,000 Investment Portfolio Under 40yrs Old

If you are under the age of 40, this is perfect for you. If you are over 40 that is fine but it may be a bit more challenging to accomplish $100,000 in 6 months. Make Investing Normal will give you all the tools you need to take your investment portfolio from ordinary to extraordinary.

With a little bit of consistency and discipline you can easily reach and surpass $100,000 in 6 months. Click below to check out our most recent post with insights helping you build your portfolio.

💡Today’s Investment Tip

Consistency is one of the most important things you can do. Without consistency anything you do is pointless. Remember be consistent.

🔥📚Knowledge Booster

Book: Influence: The Psychology of Persuasion - Chapter 3

Commitment and Consistency: Hobgoblins of the Mind

In this chapter, Robert Cialdini explains the powerful principle of commitment and consistency, which is the tendency for people to stick with their decisions, actions, and public commitments to appear consistent. Once individuals commit to something, especially in writing or publicly, they feel an internal pressure to behave consistently with that commitment. Cialdini provides examples of how small, initial commitments can lead to larger agreements and actions, a tactic often used in sales, marketing, and social movements. The chapter explores how people’s need for consistency can be exploited by persuaders to gradually escalate their commitments, leading them to agree to much larger demands than they originally intended.

📰Business & Finance News Update

Stock Market Update: U.S. stocks closed slightly lower as investors reacted to the latest inflation data. The S&P 500 fell by 0.4%, while the Nasdaq dropped 0.3%, impacted by tech sector weakness. Dow Jones managed a slight increase of 0.2%, helped by gains in energy stocks as oil prices continue to rise. Markets remain cautious ahead of the Federal Reserve's policy decision later this week, with inflation concerns still high.

Real Estate Update: Mortgage rates have dipped to around 6.2%, marking their lowest point since early 2023, but high home prices continue to weigh on buyer affordability. Experts are predicting a more favorable buying environment in the coming weeks as competition softens and new listings increase​.

Economic Update: Inflation remains mixed, with consumer prices rising at a modest 2.5% year-over-year in August. However, core inflation—excluding volatile food and energy prices—rose to 3.2%, prompting debates about the Fed's next move on interest rates. Analysts expect a smaller-than-anticipated rate cut​.

Global News Update: The United Nations has issued a warning about rising food prices globally due to continued disruptions from climate-related disasters, including droughts in key agricultural regions. This issue is exacerbating the food insecurity crisis in parts of Africa and Asia, leading to calls for more international cooperation to stabilize supply chains.

📖Today’s Post:

How To Start Making $500k In Under A Year

Have you ever looked at those people driving Ferrari’s and Lamborghinis down the street and wondered how they can afford such expensive things? Well, it’s quite simple they are just a part of a small percentile of the population called the top 1%. As of the making of the article the top 1% makes over $780,000 per year. The best part is today I will be explaining what things are needed to start making $500k.

👋That’s All For Today

I hope you enjoyed today’s issue. If you have any questions regarding today’s issue or future issues feel free to ask. Come back tomorrow for more knowledge that will help you build your wealth. I hope to see you.

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