w The "Shroom Boom" Is Coming. (Here's How to Get in on It.)

It's gonna get crazy Build wealth better than the 1% | Tuesday, April 12, 2022 Received this on accident? [Unsubscribe here](. [Worthy by FinanceBuzz] [Worthy by FinanceBuzz]( TOGETHER WITH [Steady]( Today’s rec: Start investing as early as possible. Time in the market is more important than timing the market. This is how much you need to invest to reach $1 million by age 50 (assuming a 10% per year return): - 18 years old: $13 per day - 25 years old: $26 per day - 30 years old: $44 per day - 35 years old: $79 per day - 40 years old: $157 per day BUILD YOUR NET WORTH - [Got $500](? Then you have enough money to invest! Contrary to what 62% of Americans believe, you don’t need a lot of extra money to start investing. Here are 4 clever ways to use your $500 to make some smart investments. - [5 Must-Have Apps That Will Completely Change How We Invest](. In 2022 it's easier than ever for regular people to invest. - [18 Weekend Side Jobs That Make You Money (And Are Actually Fun)](. Earning extra cash adds up over time. NEWSWORTHY Get psyched: How to get in on the “shroom boom” [How to invest in psychedelics](#) The decriminalization and legalization of various substances throughout the United States haven't been making the news, but you should be paying attention. In Arizona, New Jersey, South Dakota, Montana, and Mississippi, the use of marijuana was legalized to some degree, while Oregon and Washington, D.C. have approved the use of psychedelic mushrooms for therapeutic purposes. Okay, so some substances are legal now. What’s the big deal? A quick timeline: In 1943, Albert Hoffman discovered LSD. Ten years later, R. Gordon Wasson started research on psilocybin (magic mushrooms). The result? The mid-20th century saw a huge boom in psychedelics research. That is, until the war on drugs was launched by President Nixon in the late '60s. Sure, there were people who were using psychedelics to get high. But at the same time, there was a growing body of research pointing to the therapeutic use of psychedelics to treat issues like depression, addiction, and PTSD. Even recently, a study found that psilocybin treatment worked better than traditional antidepressants in treating major depression. Now that these substances are no longer classified as illegal in some states, there are dozens of companies racing to be the first to develop psychedelic-based medicines. Here are the stand-outs: - Compass Pathways is a U.K.-based company that derived a synthetic version of psilocybin (the active ingredient in “magic mushrooms”) to treat depression. - MindMed is a Canada-based company working with LSD, MDMA, and ibogaine to treat things like opioid addiction. - Champignon Brands (also Canadian) works with magic mushrooms to treat health issues like PTSD. - Jannsen (owned by Johnson & Johnson) is working with ketamine to treat depression. While it’s a new industry, the research looks promising and it could pay to get in on the ground floor. While you wait for more U.S.-based companies to get in on the “shroom boom,” it’s also a great time to look into investing in cannabis. [Check out our guide to investing in cannabis](. INVEST IN ART Want to make extra money? You could try to find a side hustle online, but it’s tough to know which ones are legit and which are scams. Another option? [Steady](. With Steady, you can find flexible work that can add thousands to your income. Millions of Steady members are earning an extra $5,500 per year right now. Here’s how it works: - [Download the Steady app here]( and create an account - Answer a few questions about what type of work you want to do - Set a weekly income goal for how much money you want to make - Finally — and this is important — link your bank account (it’s 100% secure) so you can be eligible for cash boosters and emergency cash grants Steady will curate a list from thousands of flexible work opportunities and income-boosting gigs for you to choose from. [Just sign up here]( and you could be earning extra cash on your schedule in no time. ^ Featured partner OTHER WORTHWHILE READS - [Confident kids come from parents]( who do these five things. - [Your personality type]( might say a lot about your finances. REPLY BACK TRIVIA Reply back with your guess. We'll let you know if you're correct! This infamous drug overlord managed to amass a whopping $30 billion by the time he died in 1993. Who was he? A. Dennis Quaid B. Pablo Escobar C. Ronald Reagan D. Tommy Lee Give us your two cents! How likely are you to recommend Worthy to one of your pals? [😞]( [😃]( [😍]( [Facebook]( [Youtube]( [Instagram]( [Twitter]([Flipboard]( [Financebuzz]( [Unsubscribe]( © 2022 FinanceBuzz Was this email forwarded to you? [Sign up now]( to get the Worthy newsletter in your inbox and grow your wealth. 111 E. Atlantic Ave., Suite 200, Delray Beach, FL 33444 FinanceBuzz is an informational website that provides tips, advice, and recommendations to help you make financial decisions. We strive to provide up-to-date information, but make no warranties regarding the accuracy of our information. Ultimately, you are responsible for your financial decisions. FinanceBuzz is not a financial institution and does not provide credit cards or any other financial products. FinanceBuzz.com does not make any credit decisions. FinanceBuzz is reader-supported. We may receive compensation from the products and services mentioned in this email.