Tony Robbins wants you to invest now

Image of Tony Robbins meditating with a speech bubble that says "Get in the game."

Image of Tony Robbins meditating with a speech bubble that says "Get in the game."

Everybody loves Tony Robbins, right? The guy is a superhuman. So when he published his first book in almost 20 years and it wasn’t about peak potential or flow, but about how to win in the money game, people took notice. Well, don’t go out and buy the book just yet. It’s 688 pages and has mixed reviews. Let me help distill his best advice into something more easily consumable. Here are some of the better takeaways from an interview he did with Inc. (video after the break).

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Why investing beats savings accounts

A chart showing the growth of $10,000 invested and saved.

A chart showing the growth of $10,000 invested and saved.

I hope this chart is self-explanatory. But in the case that it might not be. Let me explain it for you. If you had $10,000 in March of 2005, this is how much money you’d have if you had either put it into a savings account (red/orange line) or had invested it in the stock market (blue line).  It’s 2015 now and 10 years later, this is how much money you’d have in your account. Which would you prefer? This chart shows why an investment account is better than a savings account.

So, if you’ve paid off your debts, saved up a couple $1,000 and now you’re curious about how to put that money to work, look no further. You’re asking yourself, “what should I do with X dollars?” Should you invest in the stock market or put it into a savings account? Look at that chart and you tell me.

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