Han π΅ Byte Sized Investments retweeted
Here's a step-by-step guide by @SteadyCompound for busy people to read an annual report in 1hr.
I followed the steps and finished reading $GOOG 2004 Annual report in 1 HOUR!
Here's 5 takeaways you need to know:
Han π΅ Byte Sized Investments retweeted
Here's the "Get Wealthy Model":
Find a high paying job or business. Have your back against the wall and work like you're broke.
Invest 50%+ of your income. Do this for 5-10 years.
You will be wealthy AF!
Han π΅ Byte Sized Investments retweeted
Higher for longer.
That's what the Fed signaled in their recent FOMC meeting.
That means more pain for businesses.
Can the economy withstand such prolonged high-interest rates?
Han π΅ Byte Sized Investments retweeted
Peter Lynch averaged 26.4% from 1977 to 1990, doubled the 13% that S&P500 made during the same period.
He then authored the bookπOne Up on Wall Street and pen his investing ideas.
If you want to make great returns, here's 7 concepts you must knowβ¬οΈβ¬οΈβ¬οΈ
Han π΅ Byte Sized Investments retweeted
Einstein said "Compound interest is the 8th wonder of the world". Well, interest is not the only attribute that compounds powerfully over time.
1. Reputation compounds.
2. Network compounds
3. Skills compounds
4. Results compounds
Start compounding today.
Han π΅ Byte Sized Investments retweeted
Just got done recording a banger of an episode with the ever-inspiring @ByteSizedInvest.
This guy gets me fired up every time I talk to him. We were long overdue to have him on the show.
Talk about grabbing life by the horns. Can't wait for the episode to drop!
Han π΅ Byte Sized Investments retweeted
Currently there are investors worrying about rising interest rate.
That is because they don't have long term fixed rates.
Rising interest rates increases their interest costs, affecting their returns.
But let me tell you a cheat code.
Han π΅ Byte Sized Investments retweeted
If you struggle to balance real estate investing with your day job, read this π
Han π΅ Byte Sized Investments retweeted
Don't ask:
- where will interest rates be
- when will interest rates fall
Instead, ask:
- If the deal generates positive cashflow at the point of purchase
- Does not need rates to go down in order to cashflow
That's how to make money and be defensive at the same time.
Han π΅ Byte Sized Investments retweeted
Where is the best place to set up your LLC for property investing?
While many promote Wyoming, Delaware, Arizona LLCs, its usually very expensive & cumbersome.
The best place to set up your LLC for rental properties is...
β¬οΈβ¬οΈβ¬οΈ
Han π΅ Byte Sized Investments retweeted
When your starting income was $4,000.
"If only my pay doubled to $8,000, I will have enough money to retire."
A few years later, your pay is now $10,000, but you realize you need $20,000 in order for life to become better.
Financial freedom just seems so...
Elusive...
Why?
Han π΅ Byte Sized Investments retweeted
Roadmap to never achieve millionaire status (in phases after college)
First 5 years - "I have money now, I'm using it to have fun."
10-15 years - "Investing is smart but I'm waiting for the perfect market."
15+ years - "I have kids and don't have time to learn how to invest."
Han π΅ Byte Sized Investments retweeted
Are you saving for short-term vs. long-term expenses?
Believe it or not, there is a right way and a wrong way to save for short-term items.
Here is a quick guide to help with saving for short-term expenses:
Han π΅ Byte Sized Investments retweeted
Unpopular Opinion
"Time in the market is NOT more important than timing the market"
While time in the market is important, I would like to point out that it doesn't make sense if the strategy is for capital appreciation only.
Han π΅ Byte Sized Investments retweeted
What daily habit has contributed the most to your success so far?
Han π΅ Byte Sized Investments retweeted
Live where you want, Invest in where the numbers make sense.
That is why your home is not always your best investment.
Han π΅ Byte Sized Investments retweeted
Say whaaaaaat?! Haha



















