It's a fact - a simple $1500 investment can make you a real millionaire, in dollars, in less than 20 years. Of course, this won’t happen over night, or over one year, but it will happen in less that 20 years, if you have the discipline needed.

It really is a simple process, and all it takes is:

1. A paycheck, or any other kind of steady income. Most people have that.
2. Discipline. This is where most people fail. In order for this plan to work, you need to make monthly deposits into your "millionaire fund". Many people will fail to make that commitment and stick with it. If you are ready to do it, your future as a millionaire is secured!

Are you ready for this simple plan?
Here's how to do it:

Step 1 : you need to find $1500/month to deposit into a special fund.
How do you get those extra $1500/month? You can take a second job, start a small business online or off, give up a few magazine subscriptions, work over time…whatever way you can find - you should be able to come up with $1500/month that you can save. Of course, you can start with less (maybe $1000/month), but this will slow things down.

Step 2: After you got those $1500/month, invest them with a conservative mutual fund that gives you a %10 yearly growth, on average.

Step 3: Repeat this process, EVERY month. Almost every month, a new "good" reason will arise, requiring you to give up the $1500 for another cause. This could be an unexpected bill, a vacation, a new appliance you "need" to buy. Don't be tempted. Keep depositing $1500 a month into your fund! This is the only way to make it to the millions. If you start skipping monthly deposits, your growth will suffer, and you will take years longer to get there.

OK, let's take a look at the yearly growth of $1500/month deposited into a %10 yearly growth fund:

End of year 1: 19,005
End of year 2: 40,000
End of year 3: 63,195
End of year 4: 88,817
End of year 5: 117,123
End of year 6: 148,393
End of year 7: 182,937
End of year 8: 221,098
End of year 9: 263,256
End of year 10: 309,828
End of year 11: 361,276
End of year 12: 418,112
End of year 13: 480,899
End of year 14: 550,261
End of year 15: 626,886
End of year 16: 711,535
End of year 17: 805,047
End of year 18: 908,351
End of year 19: 1,022,473

See? Over 2 million dollars in less that 20 years!

Of course, if you keep depositing for 30 or 40 years, the amounts will be much higher:

After 30 years: $3,418,987.99 (!)
After 40 years: $9,565,170.37 (!!!)

Building wealth is not rally hard. All you need is a paycheck and a commitment. If you start today, imagine where you'll be in 20 years!

Remember - the older you get, the more important money becomes (imagine being old AND broke…NOT a good thing).

Start early - and you will enjoy the rewards when the time is right.

Alex Dale is the owner of an investments website called my-investments-portfolio.info. Visit our site and learn all about building wealth as well as other tips about online investment.

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