Personal Finance Social Media and Updates
Personal Finance Social Media and Updates
Remember, the Stock Market Crashed: 34% in 2020 57% in 2008 49% in 2000 36% in 1987 50% in 1973 89% in 1929 And then it recovered to all time-highs each and every time. Since 1926, the stock market has returned an average of over 10% per year. Don't be afraid when the market goes down. Invest for the long term.
I know that it feels like *everything* is taxable this time of year, but it’s not. From everyday perks to little-known exemptions, here are 50 ways that the U.S. tax code lets you keep more of your money. https://t.co/0IHTxG0pVv
If you financially f******cked up but you want to turn it around & get your money right — I hope you find my page.
I’ve pulled together a video on 9 ISA hacks that you need to know before the end of the tax year. Including how to put £29,000 inside an ISA in one tax year… 👀 More below 👇 9 ISA Secrets...
How Much You Need to Make To Buy a $289,900.00 with a 3.5% down FHA loan
Reading the filings really can make you a whole lot of money. It’s all in there.
Your portfolio at all times needs to be positioned to preserve capital. During times of conflict this is important. Too many investors realize too late that their positions are high risk and not aligned to survive the downturns that might...
Implementing simple financial habits now can mean saving big down the road. Often, those small moves take just a few minutes. https://t.co/RjC3e4cVol
The most dangerous financial habit in Nigeria is saving money in a Naira account and calling it an investment. You are not growing your money. You are watching inflation eat it slowly while you feel responsible for being disciplined. There is a very...
Unpopular opinion: You don’t have to be married to buy a house. You can buy one all by yourself… even if you're a single girl. And instead of just buying a regular house, think about buying something that makes you...
The Best Retirement Income Strategies For Consistent Spending: An analysis of a range of retirement income strategies identifies those that lead to the most consistent annual income throughout an individual's retirement, and more on #retirementplanning this week: https://t.co/ao7EeGgvct #WeekendReading (Amy...
It’s wild how most people spend 2,080 hours/yr working to earn money, but almost 0 hours managing that money… It takes 10-20 minutes per day to learn: - budgeting - investing - optimizing your finances The earlier you start, the better off you'll be in...
Charlie Munger: "Lots of luck if you're an impulsive person who has to be gratified immediately. You're probably not going to have a very good life.” "The demand for immediate gratification is the way to ruin — and it may also...
Earn >£50,270? These are the 2 most important things to do Comment ‘tax’ and I’ll send you my full end of tax year checklist 📋
10 Ways The Middle Class Can Use AI To Build Wealth Instead Of Falling Behind In 2026 https://t.co/bXoFe6nfjf
The investor who puts in ₦5,000 every month without fail will always beat the investor who puts in ₦50,000 once and disappears. Consistency is the most underrated investing strategy. INVEST CONSISTENTLY
People ask about muni’s and I typically don’t have much to say. But now, looking at the deficits caused by absurd spending, and tax policies accelerating revenue erosion, I can say avoid all General Obligation muni’s in California, Illinois &...
Money-Market Funds & CDs: Americans’ Ballooning Piles of Interest-Earning Low-Risk Investments. They’re investment choices, like bond funds, bonds, etc., not that illusory “cash on the sidelines” https://t.co/lVQU0uXsDh https://t.co/eIxrOAhyxN
A common investing mistake 👀 are you aware of this? Share your experience in the comments 👇
*🚨🤑PAYDAY = Made Whole Money Move madewholeworkbook The trick is to already have money set aside for times like this 😏… see I am still good with money. . . . My money workbook (companion to my NYT-Bestseller Get Good With Money) teaches you...
Just joining the complex Apple Card ecosystem? It's smart to learn how to move your money around, including funding your Apple Cash. Here's a primer that explains how everything interrelates and how to maximize your rewards: https://t.co/ZPP9OBmIZw #applecard #applecash #banking...
Doing a quick assessment one or two times a month can help you stay on top of your finances and address any weaknesses in your savings and spending strategies. https://t.co/9cnFCvqWhZ
"The typical homebuyer would save $150 per month taking out an adjustable-rate mortgage instead of a 30-year fixed rate mortgage. That’s a 5.8% discount, the biggest ARM users have had since June 2022 in both dollar and percentage terms." -Redfin
$70k of cash sitting in a Roth IRA… That’s 10 years of contributions getting only 2-4%/yr from MMF Instead of ~10%/yr from S&P 500 in that timeframe Just a reminder: your Roth IRA contributions need to actually be invested.
The reality is that trying to increase savings actually has a dual positive effect on reaching retirement: not only does it mean there’s more in the account to grow, but saving more reduces your retirement savings need. https://t.co/eEAqccbz3U #retirementplanning #advicers
Everyone starts somewhere. If you are new to dividend growth investing, these 10 episodes are the perfect starting point. 🔗 https://europeandgi.com/how-to/dividend-growth-investing-for-beginners-10-podcast-episodes-to-listen-to-first/
For most investors, a well-diversified portfolio of funds will do the trick. But if you want to try to identify winners like the pros on Wall Street, there are steps you can take. https://t.co/6RP6PY8ebH
You’re 32, Software Engineer, NYC. $250k income. $350k retirement $250k brokerage. Do you max retirement/brokerage accounts or focus on saving for a $1M apartment down payment?
There's a curve in finance that most investors get wrong. It's called the efficient frontier. Markowitz defined it in 1952. Most investors still don't understand what it means in practice. Here's what they get wrong:
Taking a quick five minutes to check in on your finances while you eat breakfast or commute to work could help you feel more in control of your money. https://t.co/VyvdVlw501
If your company has match with your 401K and your budget can’t handle contributing 5%. Don’t skip your contributions — start with 1% and move the needle as you get a bump via bonus or pay. I did this and...
Beating the S&P 500 isn't difficult. But beating the S&P 500 consistently, over the long term, is very very difficult. Many people overestimate their ability to pick good stocks over the long term. They eventually realize that it’s a losing game. That's why...
The “Upgrade Trap” Why Most People Become Poorer Every Time They Buy a Bigger House This is one of the most ignored patterns in Gurgaon. People think upgrading homes means moving forward. In reality, most upgrades reset wealth. And every reset delays compounding. The First Property...
There's a simple solution to this: -Joint bank account (all income goes in, all shared expenses come out) -Each spouse keeps separate account -Any surplus (in joint account) gets split (50/50) and sent to separate accounts -For big purchases, each party deposits back into...
Warren Buffett: 5 Subtle Habits That Quietly Build Massive Wealth For The Middle Class https://t.co/N7BvM6vNW2
$100 will not make you rich. But the decision you make with your first $100 will determine whether you ever become rich at all. Getting your first $100 is a big deal. Whether it came from a freelance job, a gift, a side hustle...
You open a savings account labelled "Education Fund." You start contributing every month. You feel responsible. Meanwhile, there's an investment plan you set up years ago. Quietly compounding. Already on track to hit $200,000 by the time your child turns 18. Nobody...
His advice is literally the same as Mr. Micawber in David Copperfield (Dickens): “Annual income 20 pounds, annual expenditure 19 pounds, 19 shillings and 6 pence, result happiness. Annual income 20 pounds, annual expenditure 20 pounds ought and 6, result misery”
College is about to cost you $250K… or make you money. 👀 Most people: (X) 529 plans (X) Student loans (X) Draining savings But high-income families are doing something different. They’re using short-term rentals to: → Create cash flow → Reduce W-2 taxable income → Unlock major tax savings →...
The $1M take-home test: → NYC W2 — gross $1.99M → LA W2 — gross $1.92M → Florida W2 — gross $1.52M → Florida biz owner — gross way less → Puerto Rico Act 60 — keep almost all of it Where you live is a...
💰 Personal finance links: why rich people borrow money, tax planning as a family affair, and why you shouldn't go broke buying a house. https://t.co/6LdWwApcUY image: https://t.co/viXpGW7Ln3 https://t.co/C7cYELGUSE
"The 5 Years Before You Retire" is such a wonderful hook for a book: People are getting serious about retiring at that life stage and there's still time to course-correct. @AmyCArnott1 and I had a wonderful chat with author Emily...
If you want to retire at 65, you have to save at least 15% of your salary (including 401k match) starting at 25. Use that money to: 1. Get full employer's 401k match 2. ESPP (if applicable) 3. HSA (if eligible) 4. Roth IRA 5. Finish...
There are more than a dozen strategies you can consider to save at the pump. https://t.co/PxK1SHJYEf
A budget is not a prison. It is the map that shows your money exactly where to go before it decides to disappear on its own. And when your budget includes investing as a non-negotiable line item, everything changes. You need a system that tells...
A client told me something last month that I've been thinking about ever since. He said, "Ben, we put in the money. And then what? We just sit here and hope?" He wasn't angry. He was genuinely confused. Like there should be...
Investors who embrace boring strategies that minimize rollercoaster-like movements in their portfolios are often the ones who stay on track to meet their financial goals. https://t.co/AmWppEmzl3
Same; we stopped the bleeding and now set the budget every year. Managed to get the annual charge down by about 1K for my two-bed flat. No detours; lifts, common parts utilities etc cost money, but if incentives are aligned,...
‘Should I sell?’ ‘Should I wait and start investing later?’ ‘What about if I have a lump sum - should I wait?’ 👇 War & Investing - Should You Sell Your Investments Right Now? https://youtu.be/jrNl3Q9gzbs
I’m 28. UK Chartered Accountant. I was told my whole life to *work harder* as a 1st gen daughter of immigrants parents. Here’s what 5 years in Finance taught me that no one explained us:
