Sound Investing
Sound Investing
Paul Merriman
The $5 Million Pay off for a Financially Literate High School Graduate
54 minutes Posted Oct 7, 2026 at 7:33 pm.
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This is the fourth of five presentations I recorded for Next Gen Personal Finance (NGPF.org) and am sharing with Sound Investing listeners.

I titled this one “The $5 Million Payoff for a Financially Literate High School Graduate” — but I could have called it the $42 million payoff, and by the end you’ll see the math that makes it believable. I walk through the single biggest decision of all (stocks vs. bonds), 100 years of market history, why the first five years of investing matter most, and how low costs, low taxes, and automation turn small savings into a fortune over a lifetime.

FREE BOOK THIS WEEK
Spending Your Way to Wealth (see Appendix E)
https://investorship.com/wp-content/uploads/2023/10/SYWTW.pdf

TABLES AND RESEARCH
https://www.paulmerriman.com/data-tables

QUESTIONS
[email protected] (put “NGPF” in the subject line)

Join us next week for the final session: Financial Literacy Office Hours with Paul Merriman.