How Many Young Military Millionaires Are There?

February 22, 2010
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You can become a young military millionaire with simple steps. Many people find this hard to believe because they don’t know many military millionaires; however do not buy into that belief. With some simple steps you can put yourself on the road to enjoying the perks of young military millionaire status.

Attention young military personnel. You can turn that military paycheck into a million just by following a simple, consistent, investment plan. Just by automatically investing on a regular basis you could be on your way to an early military retirement. For example:

-A 4 invested monthly starting at 18 years old could make you a young military millionaire by age 53.

-A 1 invested monthly starting at 18 years old could make you a young military millionaire by age 40.

Knowing how to handle your military money gives you advantages that the most people miss out on. You can afford an early military retirement just by following a simple investment strategy. Starting an investment plan young may be enough to ensure you become a young military millionaire.

Because you have the power of compounding interest on your side it’s easy to become a young military millionaire when you start young. Compounding interest is defined as the interest earned from the initial money you personally invested from your military money plus the interest earned from the amount your investments have already returned. To clarify, the money that you already made from your investments starts to earn you money. That means that every year you are making money off money your investments have already paid you.

By investing your military paycheck at a young age you are able to fully harness the power of compounding interest. This is because you’re earning a return (making money) on what your investments have already paid you. The younger you start the faster and larger your investment account may grow. That’s why investing while you’re young and earning a steady military paycheck gives you a huge advantage.

1) Save Money. The first step on the road to becoming a young military millionaire is to set up a simple savings plan. Pay yourself first by setting money aside into an investment before you start spending your military money. The habit of paying yourself first will benefit you throughout your life and will help you retire young.

2) Invest Young. You may not of been taught how to invest in high school but don’t let that hold you back. There are basic military investment strategies that offer a great way for beginning investors to profit.

The stock market offers some investment vehicles that are perfect for the new military investor. There are lower-risk investments that offer the potential for long-term gains that may help you to put your military money to work.

One type of investment, known as broad based market index investments, may offer you a simple way to get your military money working for you. ‘Broad market index investments’ are simply investments in the overall market like the NASDQ 100 and S&P 500. To illustrate, one S&P 500 index traded fund will allow you to own a portion of all 500 stocks in that index. The S&P 500 index is one way for the new military investor to profit from the stock market without having to have a lot of experience.

3) Consistent Investments. There is a basic military investment technique called ‘dollar cost averaging’. A dollar cost averaging plan is simply buying a fixed dollar amount of your broad market index investment at the same time each month. Your bank and brokerage firm can be set-up so it automatically invests the amount you want at the same time each month. Once this structure is set up you can sit back and just review your monthly statements. With a consistent military investment plan you could reap huge profits over a long-term.

The basic investment method discussed will get your military money working for you. If you’re looking to become a military millionaire young there are other ways you can increase your returns. The investment vehicles discussed below take more effort however you will be able to reach your military millionaire status sooner.

5. Real estate. Real estate investing can be credited with making the majority of young millionaires. It gives you the power of leverage so you are making money of money the bank loaned you. When done right you could expect to double your investment each year! Just by purchasing real estate while you’re young could easily make you a young military millionaire.

The military offers many benefits that will allow you to become a homeowner. VA loans allow you to borrow 100% of the purchase price which means you won’t need money for a down payment in most cases. Combine that with BAH (Basic Allowance for Housing) for civilian housing and you can have your mortgage payments paid for.

This is a huge benefit because you purchase a 0,000 home your property could be valued at over 0,000 in 30 years. The best part is using BAH you could of not even made a payment with your own money.

6. Entrepreneurship. Being in the military you can start a part-time business that earns you an extra few hundred a month or one that surpasses your military paycheck. Either way it can help you to become a young military millionaire or just added another income so you can invest more. There are also tax benefits available to business owners that will keep more of your military paycheck money in your pocket.

Becoming an entrepreneur can help you become a young military millionaire and give you the luxury of being able to retire young.

The sooner you start investing the sooner you can become a young military millionaire. Start now and the take steps to become a young military millionaire today!

**WATCH IN HIGH QUALITY, IT IS EASIER TO READ** Thanks to the military
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Veterans Day Historical Military Photo Collection at VetFriends.com Honors U.S. Veterans & Military











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25 Responses to How Many Young Military Millionaires Are There?

  1. ssgduke56 on February 22, 2010 at 4:20 pm

    @usalung Read your pathetic profile FAKE JIHADIST BOY! 31 years old and still living at home in United Arab Emirates! Probably a stupid fat rich brat sponging off of his Muslim rich parents and too lazy to find a real job! You never ever served in Iraq and lied to everyone in here! You never seen combat except when you stay home and play combat video games! You are just a FAT BOY who is a COWARD! How does it feel A-Hole now everyone knows you are a fucking FAKE and a Phony?

  2. usalung on February 22, 2010 at 5:07 pm

    @AmericanPatriotEagle
    our troops r not brave they r fucking criminals and cowards
    in iraq they r killing women, children and unarmed ppl
    unfortunately i served in iraq and i know exactely wt is going on there
    by the way, there is nothing to do with democracy and freedom. Its only about iraq oil and the islamic background of iraqis and nothing else
    may jesus bless all raped women and children
    and may jesus curse all criminal military and politician

  3. ssgduke56 on February 22, 2010 at 5:51 pm

    @usalung Hey fucked head Nazi BOY2 you can cuddle with your fucking buddy DieForThe Rich and swap spit with each other and talk about how evil the jews are! You two will make good poster BOYS for what two homosexual NAZI BOYS look like when there hearts are full of Racial Hate and Antisemitism…..now run along before I make you my fucking chew toy NAZI PUNK!

  4. ssgduke56 on February 22, 2010 at 5:58 pm

    @DieForTheRich ….Your fucking truth is really more about fucking racial hate and antisemitism. More people have already sized you up NAZI BOY and know you are a fucking nut job. Sooo take your fucking hate and your gestapo hat and shove it as far as you can where the fucking sun don’t shine you RACIST BASTARD……

  5. usalung on February 22, 2010 at 6:54 pm

    @ssgduke56
    i suggest that jews r the world problems makers
    they planned 11 / 9 attacks and they make all problems in the middle east
    FUCK U ISRAEL

  6. jeffirf on February 22, 2010 at 7:15 pm

    thank you so much those freedom fighters are helping worth shit they need to back the fuck up and let us do our job

  7. DieForTheRich on February 22, 2010 at 7:46 pm

    @ssgduke56 I hope you get a heart attack you piece of shit.Freedom of speech!! So because i say the truth, i get called a troll.Ha-ha you are sad.You can’t stop me from spreading the truth and just for you i will stay longer!!

  8. DieForTheRich on February 22, 2010 at 8:01 pm

    @ssgduke56 READ THE CONSTITUTION!!!!!!!

  9. DieForTheRich on February 22, 2010 at 8:18 pm

    @moniqueluquesweet READ THE CONSTITUTION!!!!!!!

  10. DieForTheRich on February 22, 2010 at 9:08 pm

    @nuprofessor READ THE CONSTITUTION!!!!!!!

  11. DieForTheRich on February 22, 2010 at 10:02 pm

    @MrAzulHakim yeah they are only killing the muslims because of the zionist jews.And the worse part is that they think they are “heroes”.

  12. ssgduke56 on February 22, 2010 at 10:44 pm

    @bambambullies1 …..I notice you are avoiding me FAT ASS? Whats a matter FAT BOY? So you found out that you can’t BULLY me so you slither that fat ass of yours and try to bully other good people in here? Once again that fucked up pie hole you call a mouth is spouting bullshit again by talk Sewer Trash to us who have serve and still serving in the Military! Hey Fat Ass! What do you do for a living other then running that mouth of yours? Just asking since you think we are dumb fucks!!

  13. ssgduke56 on February 22, 2010 at 11:40 pm

    @MrAzulHakim Oh! I am going to have FUN with you ASSHOLE! Come here to spout your stupid antisemitism? Another LOSER FASCIST ISLAMIC BOY who probably lives at home and sponging off of his RICH hard work parents…. Yep! Another ASSHOLE whose warp fucked up mind says the problems of the World is the Jews fault??? Go fake wannabe before I make you my chew toy in here……

  14. ssgduke56 on February 23, 2010 at 12:16 am

    @quiz165 My, my! Are we having one of our meltdowns?!! And PLEASE! Lay off the crack pipe! Your intelligences is showing again when inhaling that crap!

  15. quiz165 on February 23, 2010 at 12:16 am

    @ssgduke56 WHAT THE FUCK A BABY TROOLL ?IS THAT SPOOK TALK.YOUR RIGHT MY LIFE A LEAVING HELL.IM STUCK RIGHT IN THE,IM SO CLOSE TO THE END.WHATS SAD IS US HUMANS OR BETTER WORDS ANIMALS YET SO INTELLIGANT BUT SO STUPID AT THE SAME TIME FROM EVEYDAY BRAIN INFECTED BULLSHIT.WHATdiffrence does it make were ALL ONE DAY GONE

  16. pastorg22 on February 23, 2010 at 1:02 am

    @MrAzulHakim The American service man and woman and the coalition
    forces are fighting Islamic Fascist Terrorist SCUM i.e. The Taliban and
    Al Qaeda. You sound like a Jew hating Islamic Terrorist yourself.

  17. MrAzulHakim on February 23, 2010 at 1:07 am

    i feel bad for the troops who die in this meaningless war just to save Jewish asses

  18. bambambullies1 on February 23, 2010 at 1:36 am

    @jackthefight Nobody cares about u boy..hope u come back in a box so i can piss on ur grave..lol…sucker

  19. bambambullies1 on February 23, 2010 at 2:21 am

    @nuprofessor Its funny how u stupid fools think ur fighting&dying 4 our freedom when ur not&i can prove it.the military is a great way 2 get rid of stupid poor americans..99% of them join just 2 feed their families,pay bills or get a free ride 2 college..military men r dumb,stupid animals,cowards as well 2 be used as pawns 4 foreign policy,quote by henry kissinger,want proof,watch 1st 3 vids on my channel.hope yall come back in a box so i can piss on ur graves.suckers .lol

  20. bambambullies1 on February 23, 2010 at 3:12 am

    @75thDeathFromAbove war is 4 world dominance&population reduction,its kill&be killed while ur superiors r making billions&taking over the worlds resources.they dont care about u fools,once the N.W.O. is here they r gonna cut off the oil 2 countries worldwide including the U.S., economies will collaps&billions will die by violence,hunger,illnesses etc.yall can keep dying 4 nothing while the rest of us keep enjoying life until the real terrorist destroy us all.watch 1st 3 vids on my channel,sucker

  21. nuprofessor on February 23, 2010 at 3:56 am

    As the father of a United States Marine all I can say is THANK YOU to all the other soldiers that put their lives on the line daily to SUPPORT AND DEFEND THE CONSTITUTION OF THE UNITED STATES OF AMERICA..
    All I ask is for all of us here at home to support our fighting men & women. It is the least we can do for them.

  22. jackthefight on February 23, 2010 at 4:23 am

    I agree with everyone, im a PFC in the Army deploying next year to Afghanistan. I chose to stand up and answer my countrys call. I chose to defend those who agree with us or dont agree with us, it doesnt matter, i chose to defend AMERICANS. Say what yall want because if we didnt do what we do you wouldnt be speaking english. God bless every Armed Force we have. We join together, deploy together, fight together, and sometimes unforntantly die together. I salute every soldier at every TAPs on base

  23. 75thDeathFromAbove on February 23, 2010 at 4:35 am

    @moniqueluquesweet thank you for supporting us it means the world we are fighting for all of you guys. i just dont respect someone calling someones family member a pawn, everyone that serves is a hero to me, i have served with alot of good men. i just hate jealous people that think its ok to put military people down just because they dont believe in what we are doing we are doing for ourselves,our families, and our country.But thank you for your support

  24. 75thDeathFromAbove on February 23, 2010 at 5:21 am

    im not complaining but when you sit here and tell someone that their husband isnt a hero thats fucking stupid i dont agree with that if you dont like what we are doing over there then thats your own problem. and by the way no not call of duty fag i dont wast my time with video games sorry buddy, what profile are you talking about i havent set a profile up so i dont know where your getting your facts. and yea by the way i thank you too for the video.

  25. moniqueluquesweet on February 23, 2010 at 5:25 am

    I’m ok with what has been said against me n the troops becuz they know wat they are fighting for n I have the up most respect for them ever If u don’t I mean u are all probably grown men a women putting these comments I mean grow up move on n for all military men n women reading this thank u for everything these bastards r just jealous that they can’t call them selves Heros

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