SPI Trader
@trader_SPI
ASX Intraday Trader.
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One of the greatest gifts you can give your children is to teach them about money and how to be truly independent. I teach my daughter to: 1. Save more than you earn. 2. Start investing early. 3. Invest in index ETFs. 4. Invest consistently. 5. Grow wealth, not your ego.
"The real key to making money in stocks is not to get scared out of them." -Peter Lynch
“The big money is not in the buying or selling, but in the waiting.” - Charlie Munger
Everyone makes mistakes. The key is recognising them and learning. Then change your behaviour. Change your habits, change your life.
A big part of being rich is acting broke. Lose the expensive car loans and brand-name clothes. Save and invest that money instead. It's a game changer for your wealth.
Build wealth in silence. Invest in assets that no one will ever know about like dividend stocks and ETFs. Lose the ego and materialism and you'll get ahead.
You need to find a way to out-earn inflation. Your paycheck certainly won't. But a company with growing dividends can.
Build wealth in silence. Invest in assets that no one will ever know about like stocks. Lose the ego and materialism and you'll get ahead.
Dividend stocks are the ultimate passive income stream. Work and invest today, so you don't have to tomorrow.
You need the discipline to manage your money. And patience to invest to build wealth.
If you want to be wealthy, you need to stop making some simple mistakes. Here are 5 things to avoid if you want to be rich.
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