Second Chance Wealth

I will teach you how to pair investing with your mindset • 90% of investing is controlling emotions • Understanding how to conquer both will make you profitable

[Second Chance Wealth @2ndchancewealth]

How My Addiction Cost My Best Friend His Life.

10 Lessons I Learned From Going to Jail and Getting Sober.

\\THREAD//

[Second Chance Wealth @2ndchancewealth]

At 21: I barely had $1,000 to my name.

At 26:

$1,000 in my checking.
$5,500 in coinbase
$15k+ in Robinhood
$500 in Webull
$20k+ in savings

Goal is to have $100,000 spread out by 28.

[Second Chance Wealth @2ndchancewealth]

Stop trying to get wealthy to impress others.

Start getting wealthy to impress yourself.

[Second Chance Wealth @2ndchancewealth]

You do not invest your way to a million dollars,

Without investing the first $100.

The tallest trees all come from small seeds.

[Second Chance Wealth @2ndchancewealth]

The biggest mistake you can make in life, is thinking you know everything.

Have an open mind and a small ego.

[Second Chance Wealth @2ndchancewealth]

If you are new to investing:

1. Open a brokerage account

2. Get $300-$500 and deposit it in

3. Buy some shares of an Index fund or ETF

4. Let your money sit there

5. Repeat steps 2 through 4 for the rest of your life.

[Second Chance Wealth @2ndchancewealth]

A paycheck keeps you happy for days.

A money generating asset keeps you happy for life.

[Second Chance Wealth @2ndchancewealth]

Reading brings you knowledge.

Knowledge allows you to take action.

Action brings you wealth.

Wealth leads you to freedom.

Life becomes a chain of positivity when you put the right foot forward.

[Second Chance Wealth @2ndchancewealth]

You never anticipate your house catching fire when you first buy it

So why would you try and time the market for a “crash”?

Start dollar cost averaging into an index fund and hold.

[Second Chance Wealth @2ndchancewealth]

@IAmCoachClint Big Ed for the win 😂😂😂

[Second Chance Wealth @2ndchancewealth]

You never anticipate your house catching fire when you first buy it

So why would you try and time the market for a “crash”?

Start dollar cost averaging into an index fund and hold.

[Second Chance Wealth @2ndchancewealth]

@YoungToyKing So true man, time is what we are all chasing

Money can always be generated

[Jeffrey Mark Brown @Jeffrey_M_Brown]

The wealthiest understand that money is infinite.

Time however, isn't.

Work hard now, so you can get your time back later.

[Second Chance Wealth @2ndchancewealth]

@StephenWealthy_ Interesting take here…

[Stephen | CFU @StephenCFU]

Government officials should only be allowed to invest in the following funds:

$SPY
$VOO
$IVV

Pick one, some or all.

[Second Chance Wealth @2ndchancewealth]

@Bloomlifeskills Secret to becoming a millionaire right here

[NextGen @NextGenMoneyEdu]

Everyday I beat the system in a small way with homebrewed iced coffee:

Before the day even begins..I'm already winning. Time saved. Money saved. Mental peace saved.

Be rebellious!!!

[Second Chance Wealth @2ndchancewealth]

@Limitlessknowl Damn straight

[Limitless Knowledge @Limitlessknowl]

Don’t settle for less,

just because it’s available.

[Second Chance Wealth @2ndchancewealth]

@MoneyJrod Very very important lesson right here ☝🏻

[Jrod Money 🇺🇸🚙 @MoneyJrod]

5 Rules of Emergency Funds

1. Have one
2. 3 to 6 months of expenses
3. Must be easily assessable
4. Use only for actual emergencies
5. View it as an insurance policy