Most rich people stay rich by spending like the poor and investing without stopping then most poor people stay poor by spending like the rich yet not investing like the rich but impressing them. People prefer to spend money on liabilities, Rather than investing in assets and be very profitable
You work for 40yrs to have $1M in your retirement, meanwhile some people are putting just $10K into trading from just few months ago and now they are multimillionaires
I completely agree. Many people work hard and earn well, but they haven't learned how to invest or realize the impact it can have on securing their future. Often, the problem lies in habits and the subconscious mind.
While it’s true that some people have turned a small investment into millions through trading, it’s essential to approach this perspective with caution. Most young people who take high risks often lose their money just as quickly. Building wealth steadily over 40 years through consistent investing may not sound as glamorous, but it’s a proven and reliable path for the majority. Wealth-building is a marathon, not a sprint-it requires patience, discipline, and a long-term perspective.
*I really appreciate your clear and simple breakdown on financial pitfalls! I lost so much money on stook market but now making around $18k to $21k every week trading different stocks and cryptos*
Most rich people stay rich by spending like the poor and investing without stopping then most poor people stay poor by spending like the rich yet not investing like the rich but impressing them. People prefer to spend money on liabilities, Rather than investing in assets and be very profitable
You work for 40yrs to have $1M in your retirement, meanwhile some people are putting just $10K into trading from just few months ago and now they are multimillionaires
I completely agree. Many people work hard and earn well, but they haven't learned how to invest or realize the impact it can have on securing their future. Often, the problem lies in habits and the subconscious mind.
While it’s true that some people have turned a small investment into millions through trading, it’s essential to approach this perspective with caution. Most young people who take high risks often lose their money just as quickly. Building wealth steadily over 40 years through consistent investing may not sound as glamorous, but it’s a proven and reliable path for the majority. Wealth-building is a marathon, not a sprint-it requires patience, discipline, and a long-term perspective.
You are so correct! Save, invest and spend for necessities and a few small luxuries relatives to one's total assets ratio.
*I really appreciate your clear and simple breakdown on financial pitfalls! I lost so much money on stook market but now making around $18k to $21k every week trading different stocks and cryptos*
The most generous and helpful financial teacher ever
A true pioneer who changed investing forever...
This man was a genius who helped make me a millionaire. Read his books........ They will never be outdated or out of 'fashion'.
@curtgomes Wow, that’s an incredible testament to his impact! Completely agree-his insights are timeless and continue to inspire generations…
What is the name of the book?
@@antoniomercado6303 The Little Book of Common Sense Investing: amzn.to/41iOOET and this book is also a good one from him: Enough amzn.to/3Vs012m
@ “Bogle on Mutual Funds “…. “The Little Book of Common Sense Investing”. And others…