Gitimu Kiiru

📈 Investor & Author 📚 | Sharing insights on wealth creation, financial literacy, and smart investing 💰 | Author

[Philadelphia 76ers @sixers]

final.

@Bloom_Energy

[Calling Our Shot @CallingOurShot]

Ladder Challenge: Day 5

We've turned $10 into $180...but we have more work to do. Let's go for an easy climb tonight.

Bills vs Rams. Everybody lock this in!

[Gitimu Kiiru @sam51711518]

https://t.co/C98hgtbUcE

[Gitimu Kiiru @sam51711518]

https://t.co/I7KxaMmMze

[Dave McMenamin @mcten]

New story: Just hours before his college basketball senior night in March, UC Riverside's Kyle Owens was diagnosed with leukemia. He played anyway. Now the 24-year-old is in dire need of a bone marrow transplant and donor drives are planned to help him https://t.co/DZo3rHk2h0

[Gitimu Kiiru @sam51711518]

@mrtweetusa 67

[Gitimu Kiiru @sam51711518]

https://t.co/lZRM13ic9L

[Gitimu Kiiru @sam51711518]

Invest More than you save. Save more than to spend. But spend less than you earn.

[Gitimu Kiiru @sam51711518]

Diversify your investment strategy with VTI – the ETF that mirrors the entire U.S. stock market. 🌐 Build resilience and enjoy the benefits of broad market exposure. 💰 #VTI #InvestingWisdom

[Gitimu Kiiru @sam51711518]

ETFs Can Be Great Wealth-Builders💰

$SPY S&P 500

$VNQ US REITs

$SDY S&P Dividend

$QQQ NASDAQ-100

$VT Total World Stock

$DGRO Dividend Growth

$VIG Dividend Appreciation

$VTI US Total Stock Market

$JEPI Equity Premium Income

$SCHD US High Dividend Yield

[Gitimu Kiiru @sam51711518]

If you are saving up for a big purchase (e.g., house, wedding, etc.) within the next three years, keep your money in:

-Cash/High-Yield Savings Accounts
-Money Market Accounts
-Treasury Bills

Investing it in stocks or long-term bonds isn't worth the risk.

[Gitimu Kiiru @sam51711518]

Here's how the largest stocks performed this past week

Microsoft $MSFT +3.7%🟢
Apple $AAPL +3.2%🟢
Google $GOOGL +3%🟢
Amazon $AMZN +0.1%🟢
Nvidia $NVDA +8.5%🟢
Facebook $META +3.7%🟢
Berkshire $BRK.B +1%🟢
Tesla $TSLA -6.6%🔴
Eli Lilly $LLY -1.1%🔴
Taiwan Semic $TSM +12.8%🟢

[Gitimu Kiiru @sam51711518]

Imagine spending YEARS of your life studying markets, macro, etc. when you could've gotten the same (or better) result simply by buying a diversified basket of income-producing assets every single month.

Investing is one of the few fields where amateurs can beat experts.

[CSquared @wallstreetconsortium on IG @walstconsortium]

Glad I have a long term view as so many said tech is dead apple to 100 well not today have a good weekend.

[Brennan Schlagbaum, CPA @Budgetdog_]

People in their 20s: “I wish I started sooner”

People in their 30s: “I wish I started sooner”

People in their 40s: “I wish I started sooner”

People in their 50s: “I wish I started sooner”

The past is the past. You can’t change it.

Start now or you’re just lying to yourself.

[Gitimu Kiiru @sam51711518]

The SP500 since 2008

2008: -38.49% 🔴
2009: 23.45% 🟢
2010: 12.78% 🟢
2011: 0.08% 🟢
2012: 13.41% 🟢
2013: 26.90% 🟢
2014: 11.39% 🟢
2015: 0.73% 🟢
2016: 9.54% 🟢
2017: 19.42% 🟢
2018: -6.24% 🔴
2019: 28.88% 🟢
2020: 16.26% 🟢
2021: 26.89% 🟢
2022: -19.95% 🔴
2023: 24.23% 🟢

[Gitimu Kiiru @sam51711518]

The S&P 500 averages over a 10% annual return long-term:

A 10% return on $1,000 is $100

A 10% return on $10,000 is $1,000

A 10% return on $100,000 is $10,000

A 10% return on $1,000,000 is $100,000

Focus on building a large investment in the S&P 500 SPY or VOO ETFs or index F

[Gitimu Kiiru @sam51711518]

Performance of a few popular ETFs over the last 5 years.

$QQQ +147%
$VOO +78%
$SCHD +55%
$VYM +36%

Do you own any of these?

[Gitimu Kiiru @sam51711518]

The first batch of data about #bitcoinETF inflows arrived. Bitwise's $BITB, Fidelity's $FBTC and BlackRock's $IBIT pulled in the most money in the preliminary tally.