@The_MMW She’s saying this is the right way to be “broke” because you only have $1,000 in your checking account … but all your money is in investments (rather than luxury goods or whatever)
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Vital Dollar
5.2K posts
Vital Dollar
@vital_dollar
Personal Finance Blog - making money, saving money, managing money, and side hustles.
Pennsylvania, USA Katılım Ocak 2018
3.2K Takip Edilen3.8K Takipçiler
The real way to be “broke:”
Stocks: $500k
Real estate: $300k
Checking account: $1k
High-yield savings: $10k
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@money_cruncher It’s amazing how many people think they can soend a few minutes picking a stock and outsmart some of the most brilliant minds for whom picking stocks is their sole focus in life!
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My investment strategy is extremely simple.
I buy $VTI and $VGT. No individual stocks.
Don’t overcomplicate it.
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@GuyTalksFinance There is good debt and bad debt. It’s about making good choices. Good debt can get you to real FI sooner
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@theficouple I do understand that, but Credit cards provide better/easier fraud protection and rewards.
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Phone Flipping 101: How to Make Money Flipping Phones for Profit vitaldollar.com/phone-flipping/
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15 Best Side Hustles for an Anesthesiologist (Earn Extra Income Part-Time) vitaldollar.com/side-hustles-f…
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11 Ways to Get Free Domino’s Gift Cards (Pizza, Pasta, & More) vitaldollar.com/free-dominos-g…
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How to Live Without a Job and Still Survive (Practical Guide) vitaldollar.com/how-to-live-wi…
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17 Best Fitness Side Hustles to Make Extra Money in Your Spare Time vitaldollar.com/fitness-side-h…
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