Alex Smith
@AlexSmith_ACDSStock Market Educator. Here to share my hard-earned insights on building wealth via the stock market. Get my book via the link below:
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🚨 Big Announcement! 🚨 I’m thrilled to share that my book, "Introduction to the Modern World of Day Trading Stocks," is now live on Amazon! 📈 To celebrate the launch, it’s FREE to read until the 10th of October! Grab a copy via the link below:
WATCH: 3 categories of investments everyone should add to their portfolio. — Warren Buffett
Hello everyone—big news! My new book, "Introduction to the Modern World of Day Trading Stocks," drops on Amazon on October 3rd, 2024! 📈💼 And guess what? It will be FREE for the first three days! 🎉 Get ready to master trading the stock market.
The formula to wealth: 1. Lower your living costs 2. Increase your income 3. Invest the difference Simple. Not easy.
Most people think budgeting is hard. But, I'll let you in on a little secret: Millionaires budget. Millionaires stick to a budget. Here are 6 dead-simple tips to help you budget like a millionaire: ↓
Building wealth is not just about accumulating money; it's a strategic and intentional process that involves careful planning, disciplined budgeting, and smart financial habits. trib.al/QxXWHg8
Nobody likes to listen to people who talk about getting rich slowly. The masses are reactive and short-term inclined. They're devoid of perspective; they want quick gratification. This is why they're easily fooled.
People that come into trading undercapitalized tend to go to zero.
7. The 5-Year Rule Don't invest money you expect you may need within 5 years. The stock market is volatile, and to ensure success, you need to play the long game.
I've worked in finance for 6+ years, analyzed & helped allocate over $5.5 billion, & hosted over 4,000 hours of Spaces. Rules of thumb are crucial for making split-second decisions under pressure. Here are the top rules of thumb every investor should know:
In Olympic Diving, you get points for dives that are more difficult In the stock market, you get no points for investing strategies that are more difficult In fact, the best way to build wealth is by having a simple strategy you can stick to over a long period of time
There's always a smart-sounding reason to sell:
My story: Start trading on a Demo. Figure it out. Make mistakes. Learn from your mistakes. Repeat the same mistakes. Ask. Learn. Improve. Gain confidence. Make less mistakes. Improve. Risk it. Learn more. Ask more. Expect less. Ask less. Listen more. Be patient. Become a trader!
More people would be wealthy if they just would Shut Up & Wait.
I’ve been investing for 19 years. Here are the 9 best FREE investing resources I’ve ever found:
The best part about being wealthy isn’t about flaunting it It’s actually keeping the same lifestyle without those around having any idea of your wealth Stop trying to play the part
Disappear for 6 months, And work on these 15 money skills, To get yourself 10 years ahead financially:
People always look for readymade formulas and shortcuts for successful investing. It might work in a bullish market for a short period but in the long run, such things never work.
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