I don't see life as a competition against you vs me. I see it as a competition against myself.
When you start to view everyone else as competition it allows envy to enter your heart instead of giving you the superpower of celebrating other peoples wins.
The SEC just killed the $25K day trading rule.
Since 2001, if you had less than $25,000 in your account you were limited to 3 day trades per week. That rule locked out millions of retail traders.
The new minimum is $2,000. Same as any margin account.
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Renting isn't throwing money away.
"Buying is always better" is one of the most expensive pieces of conventional wisdom out there.
A $800k home in the Bay Area with 20% down is $160k out of pocket. That same $160k in an index fund at historical returns is over $1M in 20 years.
The house might get there too. But it might not.
Homeownership is great for a lot of people. But know what you're actually buying before you buy it.
Unpopular opinion: spending $20k on a Coachella weekend feels tone deaf right now.
Most Americans have less than $1k in savings.
People are dropping more in 72 hours than some families make in a month.
Not policing how you spend. But thereβs a difference between enjoying success and being completely checked out from reality.