Pete H

closed a deal worth more than most people's annual salary immediately got on a packed F train and stood the whole way home a guy ate an entire sandwich on my shoulder this city is unhinged and i will never leave

i also have attachment issue tho

@thejohnhenry 100%

7 reasons to become an investor: 1. To travel more 2. To sleep in more 3. To see the kids more 4. To see the spouse more 5. To escape the 9-5 life early 6. To do more of what you want 7. To do less of what you don't want

Buy a house for 50k. Rent for 2.5 million per room. 4 rooms. That’s 120 million a year.

@Smartnetworth1 The number matters less than the structure, $100K in dividends taxed at qualified rates inside the right account type looks very different from $100K taxed as ordinary income.

$100,000 in dividend income is my minimum goal now. I’m not stopping until I atleast hit that milestone.

@twitwi69 @AshCrypto PCE landing near expectations keeps the Fed in wait-and-see mode, the real signal comes from payrolls next week, where any softness in the labor market changes the rate cut calculus more than any inflation print this month.

@AshCrypto The data deviated very little from expectations, and its actual impact is limited. The focus should remain on next week's non-farm payroll report. Currently, the US dollar may face slight downward pressure

BREAKING: 🇺🇸 US Initial Jobless Claims: Actual: 214k Expected: 212k

@MacroBombastic @AshCrypto Exactly

@AshCrypto Bro, it's not even worth getting worked up about.

@idanielroman @WifiMoneyPlant Same here!

@WifiMoneyPlant trying out here

Daily reminder to - stack more cash - make more money - start another business - get another side job - build another side hustle - invest a bit more money - do more marketing - get on more sales calls It is literally the difference between life and death - now go do it!

@WifiMoneyPlant A good reminder!

@SteveOnSpeed There's a version of this that's genuine peace and a version that's expensive ignorance, the skill is knowing which category applies to the thing you're choosing not to read.

Completely ignoring politics and the news is the single best thing you can do for your mental health. Full stop.

@broketobuilt @The_Money_Buddy The math is indifferent to comfort, the only question is whether the return on the asset you chose beat the return the inflation took from the one you didn't.

@The_Money_Buddy Cash loses 60% of its value over 30 years at 3% inflation. Voluntarily. A HYSA at 4% still loses to CPI some years but beats sitting in checking. Index funds at 7% real return turn that same $100 into ~$760. The math doesn't care what makes you feel safe.

$100 today: • at 3% inflation • in 30 years ≈ $40 buying power Still think cash is safe?

@The_Money_Buddy Cash feels safe because the loss is invisible, inflation doesn't send a statement, it just quietly reduces what your dollars actually buy every single year.

@ChrisRamsey60 Three things that sound obvious and apparently aren't the bar being this low is either encouraging or alarming depending on your perspective.

You can get pretty far in life just by: 1. Showing up 2. Being easy to work with 3. Doing what you say you are going to do

@iamtanzil_ @The_MMW Exactly

@The_MMW True wealth is stability, not appearances.

Golden rule: Don't go broke trying to look rich.

@The_MMW True! 100%

@iamcoriarnold The compounding is real, the tax drag on those returns in a taxable account meaningfully reduces the final number, which is why the account type matters almost as much as the contribution amount.

Invest $500 a month with a 10% average return: In 20 years = $382,000 In 30 years = $1,139,000 In 40 years = $3,188,000 And your money becomes your best employee Get started in just 5 easy steps below:

@The_Money_Buddy The comparison needs the home equity at year 30 alongside the portfolio number, but the deeper point is that $1k/month invested is still better than $0/month invested regardless of what you own.

He’s 38. He owns his home. • pays $3k/month Invests $0. His friend rents and invests $1k/month: ≈ $1.5M in 30 years Who’s ahead?

@moseskagan Discrete deal-by-deal syndication keeps the promote clean and lets investors underwrite what they're actually buying, the fund structure sounds more sophisticated but the alignment math rarely works in the sponsor's favor on a first vehicle.

You think you want to raise a small discretionary RE fund, but you probably don't.* 1. Much harder to raise $$ without being able to point your investors to the specific assets you're going to buy, and 2. Your promote (the piece of the profits you get as the organizer) is tied together across all the fund's deals. That means you can have a bunch of good deals and one bad one, and you get no promote. Much better to have a group of investors from whom you secure handshake commitments that, if you find a deal like X, they will put up the $. Then go find that deal, capitalize it, and (while you're executing it) move on to identifying and capitalizing the next one. *We've raised six discretionary funds and deployed five (we released investors commitments for the sixth, and largest, one in '21, bc we didn't like the opportunity set in LA).

@siddharthwv 100% true

Delete distractions for the next 5 years. Instagram. Netflix. Parties. Friends who say "take it easy." Video games. Alcohol. Or regret it for the next 50.

@The_MMW The order matters, cutting spending before earning more is slower, but bad debt at high interest rates has to go first before any investment return makes sense.

If I were stressed about money I would follow these 5 steps: 1. Find a mentor 2. Pay off bad debt 3. Start a side hustle 4. Cut excess spending 5. Learn about money Money stress will disappear with the right system.