Canadian billionaire shares rule that he says will make one a millionaire till retirement

Kevin O’Leary has suggested a simple rule for Americans looking to build a seven-figure retirement portfolio. The Shark Tank US judge has recommended saving and investing 15% of every paycheque and letting the money compound over time. For someone earning $68,000 a year, the investor says consistently following that approach could result in a millionaire-sized retirement portfolio by age 65. The Canadian investor and entrepreneur recently shared the advice in an Instagram post, telling people to put money into the market rather than spend it on things they do not need. His calculation assumes decades of consistent investing and relies on long-term stock market growth.“What piece of advice do I give my kids over and over and over again about money? Don't spend it. Save it, invest it, let it compound. That's the gift the market gives you.