How To Retire in 20 Years or LESS! │ The Simplest Strategy of All Time 

Thanks Adriana, all the best to you and Esteban and thanks for sharing with him! I hope he finds some value there and something truly life-changing! Ana says hi back! Salud 🍻 🇲🇽😎🏝️❤️

@@theropemonster Gracias..🤗😎

Haha you noticed that lol 😂… I realized that when I was editing like “was I really walking that fast?!” 🥲. I really appreciate your feedback, excellent point about the “time refined” folks… there’s absolutely no reason this strategy can’t work for people in their 30’s, 40’s, 50’s or even 60’s! All the best to you my friend, thanks again for always being present here on the channel!! 😎🍻📈🏝️🇲🇽

@@theropemonster i have been visiting Playa del Carmen for about 18 yrs. I still find your observations and information about Playa informative. I am enjoying being keeping up with your channel my friend.

So cool to hear that!! Playa is definitely a great spot to live your best life but also save on rent and cost of living for sure! Thanks for watching and many thanks for the good vibes for Ana!! 🍻🇲🇽❤️🏝️😎

Thanks Patrick for sharing that!! Sounds like our extended families are very similar regarding education.. that social pressure and “shaming” is very real and can be hard on a young man for sure. But with that being said, my brother went the route of learning a trade and saving and has done incredibly well. He’s a foreman electrician in his 30’s and well on his way to financial freedom. I wish your son all the best! Funny you mention Renzo, I just saw him yesterday at Volleyball. He always seems to be in good spirits and full of life! I’m sure he’d be happy to see you guys back and enjoying his pizza and lasagna! The other pizza spot I haven’t noticed so I’m not entirely sure. I’ll keep an eye out for it! Salud 🍻 📈🇲🇽🏝️😎

@@theropemonster yeah we have a lot of decisions to make. On top of that, my wife and I considering retiring to Playa within the next couple years. We had a great pizza at Romeo’s years ago. I saw on Google maps that it is still there. Calle 4, next to Manne’s. Have a great day! I love your videos. My small dose of paradise.

Hey sweet Jiji!! Thank you so much for the kind words and sharing your situation here! I think we all wish we could have started earlier or avoided certain mistakes or setbacks, but as I mentioned toward the end of the video, there ARE ways to speed up the process, “super-charge” the strategy, and make up for a little lost time! For now, hopefully you can just get into vacation/party mode, and enjoy the big 5-0 to the max here in PDC!! Hope to buy you a birthday beer for sure! Thanks again for checking out the video! 🍻❤️😎🏝️🇲🇽📈

Awwww, thank you !!! 😊

Hola Ivan!! Thanks for the great feedback! I’m glad you’re enjoying Playacar… such a beautiful area! How are the beaches and water in the area looking as of now? It’s definitely my hope that the info on financial freedom reaches as many young people as possible! Congrats on retiring so young, my friend!! Enjoy to the fullest, Salud 🍻 🇲🇽🏝️📈😎

Hey, beaches here are surprisingly blue and little to no sargassum. We are in Riu resorts area. shallow sandbars to knees far out in the water. It is as nice as 10 yrs ago (last time.here). Pleasant surprise! Lets hope Beryl doesnt ruin it.! (Keep.up the good and important work. Young people dont know how, with a bit of discipline, they can have a good life. (Your vids have the power of changing lives, muchos respect buddy!)

You and me both my friend!! Imagine being equipped with that knowledge at 16 🤯🤑. Thanks for your feedback and checking out my channel! All the best to you my friend ❤️🇲🇽🏝️

Thanks for the great question Alex! I’ll give a brief but hopefully helpful answer! It’s important to know that Dividend Growth stocks are the best compounders…these are companies with growing cash flows, that regularly raise their dividends. In this case, we are focusing on the compound annual growth rate (CAGR) of the dividend: Let’s take JPM for example. They have a 12% dividend growth rate over the last decade. (The dividend has more than DOUBLED since 2017!) Assuming that you’re reinvesting these dividends, then your growing dividends will buy ever more shares than previously… and with more shares, come higher dividends still, which buy even more shares. Eventually this becomes a runaway freight train, where each quarter, your dividend is buying you 10’s and eventually even 100’s of shares. Thanks for checking out the video my friend!! All the best to you 😎📈🇲🇽🏝️

Holy cow!! Best explanation I’ve ever gotten!! Haha. Thank you so much!!

and dont forget, you have to physically reinvest the dividend (its not automatic on some platforms). (don't let dividends sit "in cash", a mistake I once made).

@@ivansostaric6973 words of wisdom!! Thanks for sharing that! I know that Charles Schwab and a few others, you can toggle on the “auto reinvest dividends” tab but not on the app, you have to do it on your computer!

From a small tienda up on 30th Ave around 84th in Colosio. $100mxn pesos 😎😂. Thanks for watching, David!

Thanks!

Not all ETFs perform equally. Some, when dividends are taken into account, outperform the SP 500! Dividend growth accounts for and outpaces inflation if you pick good quality funds with quality, dividend growth companies. Thanks for watching 📈😎🏝️

@@theropemonster That did not explain why you don't account for inflation... Thanks for sharing.

there is always inflation. The point of the vid is to simplify a strategy for young people. (not exact %, which is variable for all aspects). For more indepth detail, there are a million vids for further education. Rope Monster is 100% correct with his message.

@@ivansostaric6973 Start saving young. Agree. But examples are very crooked. A more realistic example can be given. Also if those accounts are not registered they are taxable. Dividends will push capitals gains. If it was that simple...