Cloning. It’s a controversial topic and one that inevitably conjures images of a sheep, not an extra parent. But what if I told you there was a safe, non-controversial way to clone yourself so that you could earn more, with the aim of spending more time with your family and having your financial needs taken care of? Can you imagine your clone working hard to pay your bills while you spend lazy summer days by the pool with your offspring? Can you really have it all? Yes!
The cloning tool is a simple investing term known as compounding. By understanding this little gem you will have the magic wand to transform yourself into a super-earner and have more time to spend with your beloved little monsters.
Very few people really understand the importance of compound interest and just how much your money can earn on its own. If you had just listened to all those financial gurus and put away the 10% of your income into an investment (as they always tell you to do), and you did this for all your working years from 18-65, then in that time your money would have earned twice as much as you did actively working. Yes, TWICE as much as you. It is literally like having another two of you, except the other two don’t need to sleep or eat or take a bath, and they don’t care about hanging out with your kids.
This is cloning. And it is accessible to you right now.
Now you may not be 18 anymore and starting out on your career path, but as a wise person once said, “The best time to start investing was yesterday. The next best time is today.” You might have lost a few crucial years in forming your double doppelgangers, but you can at least still create one clone to do some of your work and free up some of your time.
Here’s how to do it, step by step…
Firstly, you need to open something like a Tax Free Investment Account. In South Africa we have a company called the etfSA who will do this for you at very little cost. Essentially, what this is is an index tracker that follows the trends of the stock market. “Eeek”, I hear you cry, “the market is busy crashing, shouldn’t we be running for our lives?” No. Now I’m not a financial advisor, but if you speak to any wealthy person with a history of investing they will tell you that this is the best time to invest. The market is having a sale – time to stock up!
Now if you invest just R2500 per month in one of these index trackers, you will have almost R9 million in the next 17 years. That is the beauty of compounding. Over the 17 years you will put in R510 000 and your money will earn the rest for you.
I know, I know, you don’t have an extra R2500 just lying around waiting to be invested – you have bills to pay and school fees and emergencies and inflation is killing you and all that stuff.
Here’s a story for you from one of my friends: He was chatting to a car guard outside his local shopping centre one day and noticed this man was drinking a 2 litre Coke. What does a Coke cost these days? he wondered. He asked this gentleman the question and quickly calculated the cost of this man’s spending (he bought two of these per day) and discovered that this guy was spending almost R1000 on Coke every month – more than his rent!
R2500 per month is only R83 per day. Find your Coke. Eliminate it. And invest in your cloning tools instead. If I told you that all it would cost to literally clone yourself would be an investment of R2500 per month, wouldn’t you find that money somehow?
That is exactly what I am telling you. My wish for you is that you get to enjoy quality time with your family while your clone works to bring in the income to cover your expenses, rather than doing what everyone else is doing and exchanging your time and energy for that income. Cloning is here and it is possible and all that it requires is that you not be a sheep!
Very few people really understand the importance of compound interest and just how much your money can earn on its own. If you had just listened to all those financial gurus and put away the 10% of your income into an investment (as they always tell you to do), and you did this for all your working years from 18-65, then in that time your money would have earned twice as much as you did actively working. Yes, TWICE as much as you. It is literally like having another two of you, except the other two don’t need to sleep or eat or take a bath, and they don’t care about hanging out with your kids.
This is cloning. And it is accessible to you right now.
Now you may not be 18 anymore and starting out on your career path, but as a wise person once said, “The best time to start investing was yesterday. The next best time is today.” You might have lost a few crucial years in forming your double doppelgangers, but you can at least still create one clone to do some of your work and free up some of your time.
Here’s how to do it, step by step…
Firstly, you need to open something like a Tax Free Investment Account. In South Africa we have a company called the etfSA who will do this for you at very little cost. Essentially, what this is is an index tracker that follows the trends of the stock market. “Eeek”, I hear you cry, “the market is busy crashing, shouldn’t we be running for our lives?” No. Now I’m not a financial advisor, but if you speak to any wealthy person with a history of investing they will tell you that this is the best time to invest. The market is having a sale – time to stock up!
Now if you invest just R2500 per month in one of these index trackers, you will have almost R9 million in the next 17 years. That is the beauty of compounding. Over the 17 years you will put in R510 000 and your money will earn the rest for you.
I know, I know, you don’t have an extra R2500 just lying around waiting to be invested – you have bills to pay and school fees and emergencies and inflation is killing you and all that stuff.
Here’s a story for you from one of my friends: He was chatting to a car guard outside his local shopping centre one day and noticed this man was drinking a 2 litre Coke. What does a Coke cost these days? he wondered. He asked this gentleman the question and quickly calculated the cost of this man’s spending (he bought two of these per day) and discovered that this guy was spending almost R1000 on Coke every month – more than his rent!
R2500 per month is only R83 per day. Find your Coke. Eliminate it. And invest in your cloning tools instead. If I told you that all it would cost to literally clone yourself would be an investment of R2500 per month, wouldn’t you find that money somehow?
That is exactly what I am telling you. My wish for you is that you get to enjoy quality time with your family while your clone works to bring in the income to cover your expenses, rather than doing what everyone else is doing and exchanging your time and energy for that income. Cloning is here and it is possible and all that it requires is that you not be a sheep!
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