Gregory Clark

I help make personal finance fun and effective. Tweeting as I learn. Morningside football c/o 25’. Majoring in Business Finance.

[Charlie Kirk @charliekirk11]

It’s all about Jesus.

[Gregory Clark @GregoryClark03]

“What is important is seldom urgent, and what is urgent is seldom important”- Dwight D. Eisenhower

I love this quote. Make time for important activities, not just putting out fires.

[Alex Hormozi @AlexHormozi]

The fastest way to change your life is to make the easy choice impossible and the right choice inevitable.

Burn the boats.

[Gregory Clark @GregoryClark03]

Wealth building is a process, taking the right actions now might not show fruit for a decade.

Play the long game.

[Gregory Clark @GregoryClark03]

@kgreve14 I use rocket money now. I previously was a big mint fan.

[Gregory Clark @GregoryClark03]

A proven way to lose weight is to simply track it every day

It works the same with a budget and your spending habits-what gets measured gets improved

Take the 20 minutes and setup a budgeting app

[Robert Griffin III @RGIII]

Real men know they need God

[Great Plains Athletic Conference @GPACSports]

The 2024 GPAC Football Champions from @MsideMustangs

[Gregory Clark @GregoryClark03]

4. Adequate risk pays off over time
5. Save. Just save. You don't need a specific reason to save
Bonus-Looking rich doesn't equal being wealthy

[Gregory Clark @GregoryClark03]

The Psychology of Money by Morgan Housel is a must-read for those serious about making better financial decisions. Here are 5 actionable steps I learned from reading the psychology of money (a thread)

[Gregory Clark @GregoryClark03]

1. If you want to do better as an investor, the most powerful thing you can do is increase your time horizon
2. Define the game you playing and play that game (get the goal posts to stop moving)
3. Strive to have for room for error in your investments

[Gregory Clark @GregoryClark03]

@CThinesen @DCChargersFB @PrepRedzoneMN @612Qs @CoachSchrenk Dawg 🐶

[Gregory Clark @GregoryClark03]

@jasrifootball @USATODAY @DallasKluender 👀

[Gregory Clark @GregoryClark03]

Charlie Munger once said "The big money is not in the buying or the selling, but in the waiting"

3 Key Lessons:

1. Invest intending to hold long term
2. Time in the market beats timing the market
3. Avoid impulsive decisions based on emotions or short-term price movements

[Andrew Lokenauth @FluentInFinance]

It’s impossible to fail when your friends are constantly discussing building wealth, entrepreneurship, investing and setting new goals.

Create a network of friends that fit your future, not your past.

[Gregory Clark @GregoryClark03]

Potential Black Friday Sale
-If stock prices decline, I will be EXCITED!
-I will be able to buy more shares for less money
-Imagine a huge banner reading "SALE! 30-40% OFF!"
-There are many great opportunities to be had in a bear market

[Gregory Clark @GregoryClark03]

Warren Buffet just decreased his equities position by a net of 8 billion dollars between April and June this year

Here's why I don't share the same sentiment:
-Long time horizon
-Timing the market
-Potential Black Friday Sale

Elaborated below 👇

[Gregory Clark @GregoryClark03]

Timing the market
-This is incredibly challenging, even professional investors sometimes get it wrong
-Some of the stock market's best days are to be had in a bear market
-Short-term capital gains will be taxed at your ordinary income rate, eroding away at any potential gain