Wealth Mechanics

I made $370k last year. I spent $75k. The gap is the whole game. Lifestyle inflation is the silent killer of people who finally start earning real money. I've watched it happen to everyone around me. Income is not wealth. The delta is.

@boondockmillion The Clarity Act is going to pass this year with establishes all of that.

@WealthMechanic1 Will not happen. Keep dreaming

My Bitcoin position is down 28%. My index funds are up 40-57%. Should I sell the Bitcoin and go all in on index funds? Genuinely curious what you'd do.

@boondockmillion If the current administration establishes the framework for a crypto based financial system there may not be any turning back is what I was getting at.

@WealthMechanic1 So ? I know of a former governor who was in a Ponzi scheme? What’s your point ?

@FSPC113 Harvest the losses and redeploy?

@WealthMechanic1 Yeah, invest in something actually making something!!!

@boondockmillion It seems like the current administration is heavily invested into crypto.

@WealthMechanic1 Eventually bitcoin will totaly go away because of government regulation will classify it as a ponzi scheme

@CudaMster I hope you are right because I'm NOT SELLING!

@WealthMechanic1 Nah. I prefer generational wealth in s few years.

@BobRealistBTC Well, the idea would be to harvest the losses and redeploy.

@WealthMechanic1 That’s sort of the opposite of rebalancing isn’t it?

@cashrulesNC Most people make the goals but have trouble with the day to day grind. You are doing it right.

Not sure if this makes sense but I’m good at grinding day to day. Terrible at long term planning. But somehow I tend to hit my goals faster than I planned, just to learn I didn’t really care about that goal

@koremasa21022 5-6 months worth at all times. I don't have kids but I do have multiple properties so I need a larger buffer anyways.

@WealthMechanic1 Absolutely, and very valid point. How much cash do you keep in case of an event like that?

I’m 28 and I don’t have an emergency fund. I see all the finance experts and gurus saying you need up to 6 months of savings sitting in cash. I think it’s a serious opportunity cost when that money could be allocated to a vehicle that generates double digit returns annually. Also, with Robinhood Gold I can sell any equities and have cash same day if needed. I know the counter is that the market could be down exactly when I need the cash. But over a long enough time horizon I’d rather take that risk than have idle cash for years. Am I being too risky?

@RolfOptions You need to create the longest runway possible for yourself. Most people fail to realize this until they are in their 30's and 40's. Agree?

It's never genuinely too late to start building wealth. Some start at 15, some at 30, some at 50. The most important factor is not the specific age when you start. It's that you actually start and then stay consistent for as long as you can. How the Stock Market and Options Trading Can Transform You From Poor to Rich | Chapter 4

@RetiringAt54 Yes

@WealthMechanic1 🇺🇸 USA USA USA USA USA USA USA USA USA USA USA USA USA USA USA USA USA USA USA USA USA USA USA USA USA USA 🇺🇸

The S&P 500 is up 40% from last year and nobody is talking about it. Is everyone waiting for the crash or did we just forget how to be bullish?

@ll_r_ps I agree, I have my consensus lol

@WealthMechanic1 Selling the bottom to buy the top doesn’t seem like a good plan.

@SolaGirlDad3 You think 2028 is the next bull run?

@WealthMechanic1 If you are bullish bitcoin then buy as much as you can. “2028 you” will be thankful you did.

@koremasa21022 Yea I think I have my consensus, just wanted to get some 3rd party opinions. I have a lot of conviction on $BTC

@WealthMechanic1 Brother if you truly understand and have conviction in bitcoin then you wouldn’t be asking this question. Think long term

@StockMKTNewz Hopefully he has some plans in store for us...

🇺🇸 PRESIDENT TRUMP JUST SAID HE EXPECTS THE STOCK MARKET GAINS TO CONTINUE

@Thamir_Ghaslan Wait and don't touch anything?

@WealthMechanic1 I’ll wait until October or later. BTC bear markets last a year on average and we topped last October

@LonestarMoney @PostsPosted It touched 59k on 6/5. Pretty close but he would've had to time it perfectly. It was only for a couple mins and then it bounced.

@PostsPosted @WealthMechanic1 He lied to you, bro… never got below 60 K

@Mr_Derivatives There is even a wealth gap btwn the rich nowadays.

FUN FACT: Had Bill Gates kept all his original $MSFT shares since IPO, he would be richer than Elon Musk today at $1.5T in net worth. But instead, he is not even on this list. Wild!

@MerlijnTrader The real party starts when he adds in his commentary.

🇺🇸 FED DECISION TODAY. 2:00 PM ET. Kevin Warsh's first real test as Chair. Hold: priced in at 98%. Nothing moves. Cut: almost impossible with inflation at 4.2%. Hike: the real tail risk. Dollar spikes, risk assets bleed. The rate is the decoy. The dot plot is the story.

@scottmelker This summer is the final stage of the bear.

K33 SAYS RECORD LONG-TERM $BTC HOLDING SIGNALS BEAR MARKET MAY BE NEARING AN END