Starter Pack For An Incredible Day. (004)

Laughing, connecting, & being curious might not show up in your Vanguard or Fidelity account but they do have the power to compound.

Author

Bryant Ferate
February 04, 2024

Let’s go! Pumped you’re back for another Daily Deposit. You and I have a good thing going right here. 4th day in a row is a solid streak of daily deposits to your email inbox.

My goal is for these concise deposits to make an impact on your life and you can apply one lesson to your day to day. So you and I can both make the most of 2024.

This past week I shared

Today is a reminder that the daily deposit is yours. Not for anyone else. Not to gain status, external gratification, or because you feel the pressure from others to do the thing.

Don’t should on yourself. Not I should do that, or I should do this.

The daily deposit is about what you want to invest in. It is about deciding, taking action, and getting clear on what it is you want to want. It is creating your own starter pack for an incredible day or week.

I shared this tweet recently on Daily Deposits.

Monday journal, Tuesday no phone walk in nature, Wednesday workout, and so on. Or these 8 options could be your starter pack to experiencing an INCREDIBLE DAY.

Investing in your Roth IRA had to make it in there because it summarizes the lesson in the Daily Deposit so well. A Roth IRA is a post-tax retirement account that can add up to the point where you have millions of untaxed money when you turn 59.5 years old. Our brain can’t understand or compute the effects of compounding over the long haul.

$19.12 a day, adds up to $7000 a year.

$6000 to 7000 a year + average 6% to 8% annual growth of S&P 500 = multi-millions over 20-30 years.

The coolest part is numbers 1 through 7 on that list can also get that level of return in your life. Laughing, connecting, & being curious might not show up in your Vanguard or Fidelity account but they do have the power to compound.

I appreciate you all so much! Thank you for reading the new project adding this to your daily deposits and subscribing!

Keep killin it, stacking those daily deposits, and making every day the best day of the year until tomorrow.

Ferate