This information is so valuable, but the folks who need to hear it aren't listening. Sadly, most people are only concerned about today's wants and needs due to their bad socioeconomic situation. If you barely earn enough to keep the ship afloat, you aren't gonna put money aside for the future. It took a long time before I was able to stabilize my debt/income ratio and actually start buying assets. I've developed passive income sources over the last few decades which allows me to afford a comfortable lifestyle. Now I work just to pay for luxuries or buy more assets. I'm so thankful to have made it out of the trenches, and I hope everybody listening finds their way as well.
This information is so valuable, but the folks who need to hear it aren't listening. Sadly, most people are only concerned about today's wants and needs due to their bad socioeconomic situation. If you barely earn enough to keep the ship afloat, you aren't gonna put money aside for the future. It took a long time before I was able to stabilize my debt/income ratio and actually start buying assets. I've developed passive income sources over the last few decades which allows me to afford a comfortable lifestyle. Now I work just to pay for luxuries or buy more assets. I'm so thankful to have made it out of the trenches, and I hope everybody listening finds their way as well.
Ideally, it doesn't make much sense to work until you die of some age related complications. So having some passive income is kinda compulsory.
My question: is it better to throw max Roth IRA in first week of January? Or DCA that month ?
you should probably sell anything that is up before Trump starts putting in tariffs and use that cash to buy the dip when the trade war gets real bad.
Or just ignore the guy above me and DCA in whichever you think is best. It doesn't matter who is president the markets will go up and down.
The question is which brokerage platform to use to minimize the fees and assure the funds can be withdrawn safely.
Spy splg voo u pick s&p