Boy Dad, 36. Approaching $1M. Follow for wealth learnings, so you avoid mistakes I made. 12+ ys experience with long-term strategy. Not financial advice. DYOR.
@Sir_Kory This is why for long-term wealth building, it does not matter at all if the market is red or green in a day, week or month. Compounding is king.
@HighYieldHustle Thanks, interesting. But we have to note that $XBCI is a leveraged, very volatile speculative bet. Yes it can provide good income but is less suited for long-term compounding. Agree?
@TheETFTracker We should however be careful to give trend ETFs too much credit for such a short look. ETFs on niche areas are most often launched when there is a hype. An index fund like $QQQ performs incredibly well over 20 or 40 years ๐ค๐ป.
@Stocktwits Nothing wrong with combining these hairstyles to achieve a nice diversification ๐ I personally love index fund investing. Itโs so boring itโs cool ๐ค๐ผ
@TheETFTracker Well well well -
$287M out and suddenly itโs a funeral. Remember there were tens of billions put in, and that was just a regular Tuesday? ๐
@TheETFTracker My 9-month old son understood this assignment already and invests into a Nasdaq ETF like $QQQ. ๐ More parents should do that for their kids.
@EricBalchunas VOO & Chill. Itโs a vibe. And a damn good strategy for long term wealth building ๐๐ป
I personally love my very minimalistic ETF core of an all-world ETF plus Nasdaq.
Whatโs your core ETF portfolio?
@CoachDanGo Itโs the same with investing and building wealth. Too few people are ready to abstain from buying stuff they donโt need now. Suffer now for a good life later ๐ค๐ผ. Your future self will thank you.
@Mr_Derivatives As a child, my favorite color was yellow. Now itโs red. Because I learned how to leverage the stock market for wealth building and red means you buy cheap ๐คซ๐ด๐๐ป
@blknoiz06 While Solana is โon fireโ, $BMNR stacked 5.93M ETH - almost 5% of supply. An ex-immersion miner now the biggest public ETH treasury on Earth. So letโs look at this slightly different: if one company owns 1 in 21 ETH, is the real heat even on SOL?
Happy Friday X people.
I wonโt share a hot take before the weekend. You donโt need that.
You need the same boring habit: Earn. Keep some. Buy the market. Wait.
Patience is cheap and it compounds โ๐ป.
I hope nobody disagrees with that ๐?