What is the Wealth Squad?
A community to discuss, learn, and collaborate with other members and our experts.
We discuss categories such as: Stocks, Options, Dividends, Flipping, Sneakers, Real Estate, E-Commerce, Branding, Taxes, LLC's, Fitness/Health, Crypto
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Don't get discouraged. bitcoin:native will outperform again. But over the last 5 years, its performance is roughly on par with QQQ and Gold. Not great!
Peep the date
July 2017 Bitcoin was $2,700
I enrolled in my first Bitcoin course
Everything else ended up being a distraction, stocks, real estate “crypto”
8 years from now most people will realize the same thing about 2026
Brick by brick bro ignore the distractions
7 years ago I bought a bitcoin for $7,433
After all the ups and downs it’s still worth 10x more
In 7 years today’s Bitcoin will be worth 10x more and you’ll be mad you didn’t stack up
Play the long game
In the near future 1 Bitcoin will cost 1 decade worth of labor
Right now it’s one year worth of labor
A few years ago it was one month worth of labor
Before that, a week worth of labor
Before that, a day worth of labor
Before that, a hour worth labor
Get it?
Time is money
Best Performing Stocks in the last year
$AXTI AXT Inc +8,400%
$SNDK Sandisk +4,200%
$BW Babcock & Wilcox +3,500%
$LWLG Lightwave Logic +1,800%
$BE Bloom Energy +1,770%
$LITE Lumentum +1,540%
Median income in 1976: $12k/yr
Gold price: $140/oz
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Income in Gold: 86 oz
Median income today: $60k/yr
Gold price: $4,800/oz
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Income in Gold: 12.5 oz
*You need to work ~7x longer today to earn the same amount of gold as a median worker did in 1976.
The unit of measurement matters
When you measure the S&P500 in dollars it looks like a great place to store wealth
Measure in gold, slightly down
When you measure it in Bitcoin, you’ll see the truth
Don’t measure in currency (dollars)
Measure in money (gold and Bitcoin)
Hormel $HRL sitting at 2015 prices
Kimberly-Clark $KMB sitting at 2016 prices
Nike $NKE sitting at 2015 prices
Disney $DIS sitting at 2015 prices
Adobe $ADBE sitting at 2018 prices
Even highly reputable blue-chip stocks perform badly *Even after accounting for dividends*
I started the @WealthSquad Basketball Team in NYC four yrs ago just to hoop and build community camaraderie outside of our internet discord doing something we all love.
Every single year since, we’ve lost in the semi-finals of the playoffs.
This Sunday, March 22nd at 6PM EST the @WealthSquad Basketball Team plays for our very first Brodie Winter League Championship in the top men’s division.