5 years ago
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Posted On: November 22nd 2021, 06:20 pm
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𝕋𝕙𝕣𝕖𝕖 𝕥𝕙𝕚𝕟𝕘𝕤 𝕒𝕗𝕗𝕖𝕔𝕥 𝕪𝕠𝕦𝕣 𝕨𝕖𝕒𝕝𝕥𝕙:
ＹＯＵ：there is no ‘𝒈𝒆𝒕 𝒓𝒊𝒄𝒉 𝒒𝒖𝒊𝒄𝒌’ scheme; no one is going to save you or lift you up financially. It is up to YOU to become wealthy.
By investing on a regular basis and continuing to challenge yourself to save & invest more, you are doing your part. Living in a world of debt and buying nice things to impress people you don’t know (or like) won’t make you rich. Being diligent about paying yourself first and investing in yourself will.
ＴＨＥ ＭＡＲＫＥＴ：whether it’s individual stocks, ETFs or mutual funds, investing in the market remains the easiest and most accessible way to get rich. When you invest in the market, your money grows – it works for you. When your money grows, there is more money that is working for you.
If your investments earn 5% on $10,000, you make $500 a year. If you have $1,000,000 instead of $10,000, that 5% makes you $50,000 a year. If you make 7% instead of 5% with that million dollars, you make an extra $20,000 a year.
The goal isn’t to have more money so you can ‘be rich’! The goal is to have more money so you don’t have to work – your money does that for you.
ＹＯＵＲ ＡＤＶＩＳＯＲ: a coach, a mentor, a neutral third party mediator – good advice is not all about getting the highest return, it's about talking you through the tough decisions, helping you avoid making big mistakes at bad times, AND – an often overlooked part of the experience – making growing your wealth fun, not intimidating and scary.
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ᴍᴜᴛᴜᴀʟ ꜰᴜɴᴅꜱ, ᴇxᴇᴍᴘᴛ ᴍᴀʀᴋᴇᴛ ᴘʀᴏᴅᴜᴄᴛꜱ ᴀɴᴅ/ᴏʀ ᴇxᴄʜᴀɴɢᴇ ᴛʀᴀᴅᴇᴅ ꜰᴜɴᴅꜱ ᴀʀᴇ ᴏꜰꜰᴇʀᴇᴅ ᴛʜʀᴏᴜɢʜ ɪɴᴠᴇꜱᴛɪᴀ ꜰɪɴᴀɴᴄɪᴀʟ ꜱᴇʀᴠɪᴄᴇꜱ ɪɴᴄ.
#lanternwealth #askdavewilder #calgarymoneytalk #calgaryentrepreneurs #yycwealthmanagement #yycwealthadvisor #mondaymood #mondaytip #yycinvestments #retirementlife #retireright
ＹＯＵ：there is no ‘𝒈𝒆𝒕 𝒓𝒊𝒄𝒉 𝒒𝒖𝒊𝒄𝒌’ scheme; no one is going to save you or lift you up financially. It is up to YOU to become wealthy.
By investing on a regular basis and continuing to challenge yourself to save & invest more, you are doing your part. Living in a world of debt and buying nice things to impress people you don’t know (or like) won’t make you rich. Being diligent about paying yourself first and investing in yourself will.
ＴＨＥ ＭＡＲＫＥＴ：whether it’s individual stocks, ETFs or mutual funds, investing in the market remains the easiest and most accessible way to get rich. When you invest in the market, your money grows – it works for you. When your money grows, there is more money that is working for you.
If your investments earn 5% on $10,000, you make $500 a year. If you have $1,000,000 instead of $10,000, that 5% makes you $50,000 a year. If you make 7% instead of 5% with that million dollars, you make an extra $20,000 a year.
The goal isn’t to have more money so you can ‘be rich’! The goal is to have more money so you don’t have to work – your money does that for you.
ＹＯＵＲ ＡＤＶＩＳＯＲ: a coach, a mentor, a neutral third party mediator – good advice is not all about getting the highest return, it's about talking you through the tough decisions, helping you avoid making big mistakes at bad times, AND – an often overlooked part of the experience – making growing your wealth fun, not intimidating and scary.
.
.
ᴍᴜᴛᴜᴀʟ ꜰᴜɴᴅꜱ, ᴇxᴇᴍᴘᴛ ᴍᴀʀᴋᴇᴛ ᴘʀᴏᴅᴜᴄᴛꜱ ᴀɴᴅ/ᴏʀ ᴇxᴄʜᴀɴɢᴇ ᴛʀᴀᴅᴇᴅ ꜰᴜɴᴅꜱ ᴀʀᴇ ᴏꜰꜰᴇʀᴇᴅ ᴛʜʀᴏᴜɢʜ ɪɴᴠᴇꜱᴛɪᴀ ꜰɪɴᴀɴᴄɪᴀʟ ꜱᴇʀᴠɪᴄᴇꜱ ɪɴᴄ.
#lanternwealth #askdavewilder #calgarymoneytalk #calgaryentrepreneurs #yycwealthmanagement #yycwealthadvisor #mondaymood #mondaytip #yycinvestments #retirementlife #retireright
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