Financial Freedom Sage

A million dollars is not financial freedom. You can never own a mansion, a Rolls Royce, college funding for nephews, nieces, or grandkids. You will/may live well, but be in fear of/for your next health emergency in your golden years. Let $1M be your/the FIRST STEP.

@InvestorJared There are over a thousand potential books out there that could help the absolute beginner. I would recommend: The Richest Man In Babylon - by George Clason ...hands down.

What is one book you would recommend to someone starting their financial journey?

@iamcoriarnold Wealthy 1st - Investments 2nd - Needs 3rd - Wants

The Rich and Broke prioritize their money differently. Rich 1st - Needs 2nd - Investments 3rd - Wants Broke 1st - Wants 2nd - Needs 3rd - Investments

It's your health that is the real wealth and not stocks and real estate. - Gandhi

@The_MMW Timeless and classic. Might look old fashioned, but wealth principles are supposed to be eternal.

My mentor is 81 and has a net worth of $100M. I asked him what the key is to building wealth... Here's what he told me:

@The_MMW Money is a good goal to have. However, freedom is better. But if you ever got them twisted, it'll still be a nice problem to have.

Money is the tool. Freedom is the goal. Never confuse the two.

@InvestorJared Solid advice, sir. Automating this will make you an automatic millionaire.

Why is budgeting so important? Initial investment - $10,000 Monthly contributions - $500 Interest rate - 9% Time period - 30 years Future investment value - $1,047,199.05 Budgeting an additional $500 a month can turn you into a millionaire. Using the 50/30/20 rule pay into the following categories: 50% of your income on ‘needs’, or essentials. 30% on ‘wants’ and non-essential spending. 20% on paying off debt and/or topping up your savings. #Budgeting #Finance #Investments #Money

@reissuix @LoganTGott Great news. 1. They're findable 2. They're monetizable

@LoganTGott there are also the most lazy tiktok scrolling 40 yo guys

I find this generation crazy It’s either the most lazy tiktok scrolling young guys or 14 hour working business owning studs almost no in between

@LoganTGott That's your opportunity right there. The big money is now staring you in the face. Talk to them with a video, and let your powerful words lead them to the offer that would transform their mindsets from scrollers to fellow creators.

@thedeshudson Become the person who makes the right decisions. Then, never quit.

The faster you quit, the faster you get on track for the right thing.

@thedeshudson Consistency. Build the habit of writing stuff daily whether you feel like it or not. Don't worry about quality. It will begin to shine through like the dawn of a belated harvest. Trust the process.

How to get better at writing: Write more.

@The_MMW The simple penta-strategy that will make you financially free in your lifetime.

The game of personal finance: Level 1: Tracking your money Level 2: Paying off debt Level 3: Building an emergency fund Level 4: Investing in assets Level 5: Creating multiple income streams

The world is full of big opportunities. Because I see billions of people going in the wrong direction - with nearly everything in life.

@JJsFinclub If you're a lost sheep today, I'd suggest you follow the GOAT, so to speak.

@FinancialFSage Bitcoin is a tough call for some.

The ultimate question: If you had to sell everything you have today and put all your money on one asset, would it be Bitcoin or Gold ?

Investing is chiefly the ratiinal (not emotional) decision of allocating capital to work in an appreciating asset. The underlying asset must have innate productivity favourably above the risk-free rate, with a floor that doesn't fall out. - Simon Quayson

@RoaringHammy The world is a beautiful and exciting place because so many people who don't understand enough about investing insist on having an opinion on investing related stuff.

@RoaringHammy Are you kidding me right now?

Do you think Bitcoin will be more valuable than gold in the future?

@BrianFeroldi You should invest with godlike consistency. Sometimes you'd have to buy big, on other occasions, smaller bets are advisable.

Received @Ritholtz! Looking forward to diving in .

@mvo_guy_travis Endurance in bear markets pays big dividends, I agree totally.

gotta go through the down periods to get the growth