I Will Teach You How To Build Long Term Wealth | Self Made Millionaire 💸 | Real Estate, Index Fund, & Dividend Enthusiast | Southern CaliforniaJoined November 2015
If you started saving in '90...
Then bought S&P 500 in August '00 before DotCom crash.
...saved again until October '07, bought before GFC
...saved again until Feb '20, bought before COVID
You'd have 4.2% real, annual growth
Not bad for worst possible timing 🤷♂️
Buy. Hold.
7 Important Rules For Life
1️⃣ Smile
2️⃣ Be Kind
3️⃣ Don’t Give Up
4️⃣ Don’t Compare
5️⃣ Avoid Negativity
6️⃣ Make Peace With Your Past
7️⃣ Take Care Of Your Body And Mind
What else 👇
@AccentInvesting Real estate is the greatest way to build substantial wealth. Other people pay down a bank loan that builds YOU equity. Doesn’t get any better
2020: Stock Market crashed 34%
2008: Stock Market crashed 57%
2000: Stock Market crashed 49%
1987: Stock Market crashed 29%
1973: Stock Market crashed 48%
BUT, since 1926 the stock market increased 11% each year on average, or 1,325,558% over 96 years
NOT investing is the risk
Want to retire early? 🏝
1️⃣ Track spending/cut unnecessary expenses
2️⃣ Boost income - Promotions, side hustles
3️⃣ Pay off debt
4️⃣ Save a BIG chunk of your income
5️⃣ Max retirement accounts
6️⃣ Invest in low cost index funds
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