Prince Mach

@realvijayk @FinFreedom414 Most of these furus are too broke for an advisor, that’s why they just repeat Reddit slop.

@FinFreedom414 There's significantly more to financial planning than simply investing.

Your financial advisor is not rich from investing. They're rich from the fees you pay them every year. You have to learn to invest.

@Judicial_Notes @DAKKADAKKA1 It’s called having a respect for the dead regardless if it is a human or animal, life is precious. Surprised you can’t comprehend that with “Christian” in your bio.

@DAKKADAKKA1 It was a gator carcass. You fell for clickbait, congrats.

Luciferian. Pure demonic nature. Even the Chinese care more about the animals they torture.

"hey babe, new NFT just launched"

Pam Bondi saying the Dow is at 50,000 was the signal

@ElijahColeman21 @OptimizedPort Famous last words

@OptimizedPort Meh, it’ll be okay, nothing too crazy man

The fact that my family has so much trust in me to manage their retirement and taxable accounts is scary and thrilling at the same time. I’m just a guy who took investing seriously three years and some change ago.

@OptimizedPort His profile picture reminds me of variable annuity pusher, quite Grant Cardone-esque

"When someone shows you who they are, believe them."

@briefing_block_ @ducksays What complexity are they selling? Do you have any idea what their product offering is for those they target? It’s generic SMAs with several ETFs that are in varying asset classes depending on risk tolerance/time horizon. It’s not complex, it’s just a cookie-cutter process.

@ducksays Fidelity is selling complexity because simplicity pays less. Reuters says brokers are eyeing 10% to 20% of ETF expense ratios, so SPY plus SCHD threatens the advice upsell next quarter.

when you cross a certain account threshold, fidelity financial advisors spam call you to understand "your goals" when I tell them that i'm 100% s&p + $SCHD, they tell me it's not effective... brother, i'm not betting against the US economy.

@ScottJ_Finance @maxpashman I heard a joke before lol Senior Advisor: “Do you know what CFP stands for?” Junior Advisor: “Certified Financial Planner?” Senior Advisor: “Can’t Fucking Produce.” 🤣

@PrinceMach @maxpashman They're too busy succeeding rather than pouring all their time into titles. 😂

We were pushed into higher education right out of college by boomer parents where many went to school with no concept of what to study, graduated with absurd levels of debt and most didn’t even get jobs in their respective fields of study. The universities have no shame an push garbage degrees at equal price to naive kids. That’s just one piece of the mess. We live at the cost-end of inflation, while boomers enjoyed inflation with artificially inflated assets from stocks/real estate. You bought a house 2x your salary…now it’s about 7-10x. Medical coverage is absurd, the cost of a used vehicle that won’t cause problems is also insane. A good amount of boomers have pensions they could lean on and not have to worry about saving for the future, whereas younger folks the pension system is practically obsolete and you’re on your own to save. You enjoyed a time where you can have several kids and a wife at home while working in retail or something, meanwhile you have married folks with degrees, good jobs, and still find it difficult for one spouse to retire to take care of the house.

I’m seeing, yet again, this surge of hatred for the Boomer generation. I’m a late season Boomer, born in 1961; I’ve worked for nearly 50 years, have been in the same profession for 37 years, I’ve routinely worked 45-60 hours a week. I don’t get why we are so vilified.

@edgaralandough Probably should include a warning for those with health conditions and are on medications it isn’t favorable due to the high deductible you need to pay out of pocket and becomes a net negative. It’s fantastic for those healthy though!

An HSA is basically a Roth IRA on steroids. But 99% of people aren't maximizing its full potential. Here are 6 benefits you need to know:

@Mr_Derivatives cinderella

$SPX What rhymes with Nutella? That's right. Umbrella. Umbrella formation spotted. Sorry it's late, joke machine needs a recharge. Goodnight. No but seriously, this rounding top of the umbrella still very much in play. When it rains it pours? Time will tell.

@boondockmillion @Silent_stackers Good luck learning how to walk and talk at 10

@Silent_stackers Yes if the 10 years were my first 10 years

Would you trade 10 years of your life for $1B?

@jbulltard1 @redpill_finance these same type of people say a financial planner is a scam and then they go on to share their craigslist opinions and some how he’s got 23,000 followers lmao

Bc a million bucks in 20 years will be a nice dinner out at the rate we’re printing money?

@buccocapital @andyantiles_ These idiots love to give financial advice with the little follow up that it’s not

@andyantiles_ This is the shittiest financial advice I’ve read on here and that’s really saying something

Just got off a call with a guy who just got a $34m inheritance from his parents Not in real estate value… Not in stocks… But in cold hard cash. The kid is 23 and makes $200k/year as a software engineer Has no idea whatsoever what to do with this money What would you do with it? Here’s what I suggested (I’m not a financial advisor, and this is not financial advice) Invest $12.5m into $VOO (S&P500 ETF) Invest $12.5m into $QQQ (Nasdaq ETF) Buy a $5m primary residence in cash And with the last $5m, buy section 8 real estate properties. I connected him with the sourcing company I use, and over the next 12 months They’re going to source him 150-180 rental properties This will create enormous tax deductions that will eliminate his income tax for years And he’ll earn ~$600k-700k in annual recurring cashflow And the $5m he puts into down payments will turn into $25m of equity once the federal government pays off all the debt in 30 years Simple playbook to ensuring that $34m turns into multiple 9 figures and true generational wealth

@andyantiles_ “I’m not a financial advisor, and this isn’t financial advice.” Lmao then what is it

@trylimitless 👀

reply and i'll rate your pfp 1-10

@guyontheearth @TXMCtrades He’s talking about those who just opt into the employer plan and don’t dye their own due diligence and are automatically allocated towards a target date fund and not the other choices…

@TXMCtrades Not all retirement funds are like that. People can literally choose where their funds are invested. Since 2020 mine has over doubled.

Got to feel for people who accept their employer target date fund without inquiry. Somebody retiring in 20 years was only up 10% from the 2022 high while the S&P has ripped 45% from that level. All because it avoids the gains to own fucking bonds in a bond bear market.

@qcapital2020 Reminds me of this

When your crypto company is down -80% apparently you start believing in Jesus Christ

@money_cruncher Fees are only an issue in the absence of value. Besides all of financial planning in its entirety, if you’re looking at a portfolio that’s 0.10% fee vs 1.00%, you also have to look the value being added (alpha).

1% investment fee per year will lower your portfolio by ~25.8% over 30 years. 0.10% investment fee per year will lower it by only ~3% over 30 years. That 22.8 percentage point difference could cost you $$$. Fees also compound. Pay attention.