Garrett🔸️CheatCode Wealth

Helping employees build wealth | Former analyst with 4k subs | Join the Portfolios & Bedtime Stories newsletter 💼🌙 | Not financial advice

[Garrett🔸️CheatCode Wealth @CheatcodeWealth]

Join the newsletter for busy employees building wealth, written by a busy employee building wealth. No entrepreneurship needed. https://t.co/ZsAuYWIYRi

[Garrett🔸️CheatCode Wealth @CheatcodeWealth]

@TrendSpider I dont invest in companies I refuse to buy from

[Garrett🔸️CheatCode Wealth @CheatcodeWealth]

@DearS_o_n Because their earning potential, per unit of time, is actually greater as an employee leveraging a company than an entrepreneur building one.

[Garrett🔸️CheatCode Wealth @CheatcodeWealth]

@StealthQE4 A lot of people could use one meal a day, but that's beside the point

[Garrett🔸️CheatCode Wealth @CheatcodeWealth]

Your employer can pay up to $5,250 a year toward your student loans and none of it counts as taxable income to you. Most people never ask if their company offers it.

Over 5 years, that's $26,250 off your loans that you didn't have to earn, get taxed...

https://t.co/mGQHRO6Syr

[Limitless Finance @trylimitlessfin]

Anthropic valuation: $2 trillion
Amazon valuation: $2.6 trillion

Anthropic revenue: $65 billion
Amazon revenue: $716 billion

Explain this gap.

[Garrett🔸️CheatCode Wealth @CheatcodeWealth]

@orryano not much whats up with you?

[Garrett🔸️CheatCode Wealth @CheatcodeWealth]

The 1% rule says monthly rent should be at least 1% of the price ($1,500 on a $150,000 house). It's a screen, not a verdict. In plenty of good markets, 0.7% to 0.9% is normal.

https://t.co/QbXteTzJdg

[Garrett🔸️CheatCode Wealth @CheatcodeWealth]

@_Lin_inc I've got four kids. Daycare is the worst.

[Garrett🔸️CheatCode Wealth @CheatcodeWealth]

@jonbrooks Im not seeing desperation. I live near Bend, Oregon which has a lot of expensive vacation homes, including the community of Sun River. I do not see signs of weakness.

[Garrett🔸️CheatCode Wealth @CheatcodeWealth]

There's a tax rule that lets you rent your home for up to 14 days a year and pay zero tax on that income. Business owners use it to move money out of their company tax-free.

If you own a business, the business can rent your home for legit meetings...

https://t.co/mGQHRO6Syr

[Garrett🔸️CheatCode Wealth @CheatcodeWealth]

@William82075989 @jonbrooks Rent

[Garrett🔸️CheatCode Wealth @CheatcodeWealth]

Whats the right number of stocks to own?

The number that makes you money.

Could be 1.

Could be 100.

[Garrett🔸️CheatCode Wealth @CheatcodeWealth]

@BourbonCap Ill never eat mcdonalds and ill never buy it either

[Jon Brooks @jonbrooks]

Just wait until the green
tries selling to the red

Gen Z isn’t even on the chart

[Garrett🔸️CheatCode Wealth @CheatcodeWealth]

A $3,000 tax refund isn't a win. It's $250 a month you lent the government at 0% interest. Run the IRS Tax Withholding Estimator and aim for a refund within $500.

https://t.co/mGQHRO6Syr

[Garrett🔸️CheatCode Wealth @CheatcodeWealth]

@unusual_whales Bubble? https://t.co/b9L3c5CthI

[Garrett🔸️CheatCode Wealth @CheatcodeWealth]

If you pay for daycare and aren't using this account, you're probably leaving hundreds of dollars on the table every year.

Here's the cheat code: run the free IRS Tax Withholding Estimator once a year and after any life change (new kid, new job, a...

https://t.co/mGQHRO6Syr

[Garrett🔸️CheatCode Wealth @CheatcodeWealth]

$QQQ

[NoLimit @NoLimitGains]

Nvidia $NVDA is at its cheapest valuation in a decade.