beingdetermined
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The difference between success and failure is not The difference between success and failure is not which stock you buy or which piece of real estate you buy, it's #assetallocation. ••••••••••• What Is Asset Allocation? The process of spreading your wealth among many assets classes and deciding the optimum presence of those assets in your portfolio is called as “Asset Allocation”. ••••••••••• Asset Allocation could be an influential factor of your wealth creation. each of the assets has a unique characteristic and hence a defined role in your portfolio. When combined together, they have the capability of balancing the risk and return aspects of your investments. •••••••••••• It’s very important to develop a portfolio based on your personality. Why? Because that’s the only way you are going to be able to hold it in good and bad times.
Have you ever ate too much of something that you d Have you ever ate too much of something that you don’t want it anymore? Have you done something too many times that it doesn’t pick your interest anymore? ••••••• In simple words, The Law of Diminishing Marginal Utility states that if you buy/consume too much of something, eventually that thing is going to feel normal. For example: Is good to buy/consume luxury, but at some point it just become/feel normal. The excitement that we felt when we bought/consumed it evaporates. ••••••• Christmas is coming. Just have this in mind if you are going to spend a lot of money on gifts. At some point all those gifts are just going to become one more thing.
Investing is about decades, not days. •••• Investing is about decades, not days. •••••• #debtfreecommunity #wealth #wealthbuilding #assets #assetsoverliabilities #realestateinvestor #debtfreejourney #millionaire #millionairemindset #financialindependence #financialindependenceretireearly #ficommunity #firecommunity #indexfunds #fatfire #interestrates #realestateinvesting #cashflow #dividendincome #dividends #passiveincomestream #passiveincome #financialliteracy #financialgoals
#debtfreecommunity #debtfreejourney #budgeting #fi #debtfreecommunity #debtfreejourney #budgeting #financialindependence #financialindependenceretireearly #financialfreedom #inflation #highpayingjobs #payyourselffirst #investment #multiplesourcesofincome #incomestreams #income #fatfire #wealthbuilding #millionairemindset
It should be known that higher interest rates mean It should be known that higher interest rates means higher borrowing rates, which means companies that rely more heavily on borrowed money to fund their expansion projects will gradually find it less cost effective -or not possible at all- to borrow money needed to fund those projects. Larger companies that have more free cash flow are impacted less, which means Large-Cap stocks tend to perform better than Small-Cap stocks. That does not mean you should expect Small-Caps to turn south. It just means that Small-Caps growth rate could slow down some, while Large-Caps will be impacted less. ————— If you are invested in The Total Stock Market, then you don’t need to worry. 72% of The Total Stock Market is invested in #largecaps.
#believeinyourself #investinyourself #personalgrow #believeinyourself #investinyourself #personalgrowthjourney #debtfreecommunity #debtfreejourney #hustlehard #sales #salestips #salestraining #jimrohn #zigziglar #careerdevelopment #careergoals #careercoach #careerchange #highpayingjobs #highpayingskills
the future still in your hands! today is more valu the future still in your hands! today is more valuable than tomorrow, take action!#goaldiggers #disciplineequalsfreedom #dreambig •••••• Graphic: Tim Urban
When you thought that you had everything figured i When you thought that you had everything figured it out, not so fast. Let me remind you that things can change fast, really fast. Let me be bold and say that $2M is the new $1M. Why? Because as we speak, things are more expensive. Can that change? Yes, of course, but we don’t know when. So, that 4% rule that you learned is out of the picture now. Now, is maybe, the 3% rule. In simple words, we all need to #saveandinvest more. The rules for your #personalfinances hasn’t changed. Those are the same: #livebelowyourmeans, #invest, build your #wealth, #increaseyourincome, reduce expenses, learn new skills and reassess what really brings value to your life. If you are #discipline and follow those rules then you are going to make it. #wagi
Develop a method in which you can keep true to you Develop a method in which you can keep true to your long-term goals. There’s not a magic formula. You just need to know what works for you. Identify what will keep you motivated today. I’m sure that tomorrow your priorities will change, but concentrate on today. Today is more valuable than tomorrow. It’s extremely important to bounce back from your failures.
Another Successful Night! NASA SpaceX Crew-3 Astro Another Successful Night! NASA SpaceX Crew-3 Astronauts Begin Their Journey to the Space Station! #spacexlaunch #spacex #spacexfalcon9
They say in #investing that boring and simplicity They say in #investing that boring and simplicity always win. Well, this is a boring post because I have been doing the same #savings strategy for almost a year now. Heck! For my whole life. The best advice that I can give you is to #livebelowyourmeans so you can #saveandinvest. Then, build a portfolio that fits your personality and #goals. Why? Because the whole point of investing is to hold your #assets for as long as you can. A.K.A. #buyandhold
If I can come up with one advice, other than #live If I can come up with one advice, other than #livebelowyourmeans and #invest, it will be to create a long lasting portfolio. A portfolio that fits your personality and goals. That way you will not bailout from it if something crazy happens in the world. Here you can see a lot of reasons to sell. Think long term. Chart: Ritholtz Wealth Management
#napoleonhill #financialliteracy #mindset #mindset #napoleonhill #financialliteracy #mindset #mindsetiseverything #disciplineequalsfreedom #debtfree #goaldiggers #grit #growthmindset
And yet, people will continue to trust The Zestima And yet, people will continue to trust The Zestimate! 🤷‍♂️
#debtfreecommunity #debtfreejourney #debtfreedom # #debtfreecommunity #debtfreejourney #debtfreedom #studentloans #budgeting #wealthymindset #wealthbuilding #financialliteracy #financialindependence #financialindependenceretireearly #ficommunity #firecommunity #firewithkids #assetprotection #assetmanagement #assetsoverliabilities #grit #conqueryourfears
#debtfreecommunity #debtfreejourney #debt #debtfre #debtfreecommunity #debtfreejourney #debt #debtfree #zerobasedbudget #budgeting #millionairemindset #wealthmindset #wealthbuilding #ficommunity #firecommunity #financialindependence #financialindependenceretireearly #financialfreedom #realestateinvestor #assetsoverliabilities
#fallisintheair #fallisintheair
This information should give you a clue on how goo This information should give you a clue on how good or bad the #economy is doing. Always, always follow consumer behavior/sentiment. ••••••••••• An increase in defaults should tell us if there are signs of possible economic trouble ahead. These are the things that are important to consumers: #mortgages, #autoloans and #creditcarddebt. In that order. If the consumer starts to get in trouble, then you will see the default rates rise in the opposite order. First, credit card debt, then auto loans and finally, mortgages. As you can see in the graph, auto loans and mortgages default rates have declined -which is a very positive sign of economic health.
#financialfreedom #financialliteracy #personaldeve #financialfreedom #financialliteracy #personaldevelopment #personalfinancecommunity #personalfinance #personalfinances #believeinyourself #investinyourself #youcandoanything
It’s not even November 1st and my tenant already It’s not even November 1st and my tenant already sent me the November rent. The #freecashflow in this house is: $954.50 a month! Free cash flow means what I pocket after all expenses and PITI.
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