The people upset Jeff Bezos has that much money are uneducated. People saying "tax the rich more", uneducated. Learn the difference about what earned income, portfolio income, and passive income is. Then come back to me. When you actually learn how taxes work and why 1/2
The early buy and hold strategy pays its biggest returns later in the bull cycle.
It is simple compounding, but traders who focus on daily fluctuations will miss this supernatural economic force.
@rudycrpp@BigLincolnLog@anyIastwords@HasBezosDecided Twitter has these cool things called retweet and like buttons which everyone can use. You can also follow others if you enjoy what they tweet or retweet, isn't that crazy? What do you mean you don't follow me? You mean it's your choice? Wow wild. Do you truly and honestly
@rickyjalapeno @Amyas_ @RMThom13 @kachowwwwski @randoms49612811@ellorysmith So the equity / liquidity point is just off the table? Not allowed? Understood. Cue the "bootlicker" comments soon too maybe? No? Okay, I'll be waiting. You're all so hurt he's making so much money it's hilarious, but at the end of the day you're wasting your time.
@danadonly Enjoy your temporary Twitter fame over one Tweet, he's still wiping his ass with money, nobody gives a shit. Pull your panties out of your ass Becky.
@danadonly You're so pressed about someone like Bezos making billions of dollars as a CEO, meanwhile you have sweaty dudes kicking a soccer ball down a field making hundreds of millions a year, but you're not tweeting about them? Oh no. You have to Tweet about Bezos because it's hip atm.
@leleninist @HasBezosDecided The term bootlicking is so overused now it's so cringe. I'm sure his employees can use the bathroom, let's calm down lol. They aren't working in sweat shops, or chained to the ground. You all need to get a grip, go for a walk and cool down.
The hardest thing for a trader is holding positions that need time to work.
I’ve learned this simple lesson the hard way many times:
Anticipation is the enemy of patience.
The market is the greatest wealth creation vehicle in history.
During the California gold rush men died for a sliver of the opportunity that we have at our finger tips.
To ignore it is laziness. To underestimate it is foolishness. To partake in it is a privilege.